| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | N/A |
| Website address | http://www.asmithamicrofin.com/ |
| Year established | 2001 |
| Head of Institution | Dr. Vidya Sravanthi |
| Regions active | 0 |
| # Branches | 574 |
| Total Portfolio (nat'l) | INR 14,185,327,160 |
| Total Portfolio (USD) | USD 315,229,492.40 |
| Active clients with loans | 1,340,288 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Sa-Dhan, MFIN, Micro Credit Summit, MIX Market |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1992 |
| Head of Institution | Engr. Antonio C. Sevillano, Jr. |
| Regions active | |
| # Branches | 24 |
| Total Portfolio (nat'l) | PhP 124,052,263 |
| Total Portfolio (USD) | USD 2,967,757.49 |
| Active clients with loans | 29,836 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Microfinance Council of the Philippines (MCPI), Mindanao Microfinance Council (MMC) |
| Funders | Bank of the Philippine Islands (BPI), Development Bank of the Philippines (DBP), Landbank of the Philippines (LBP), Small Business Corporation (SBC) |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Laibility Group Loan (JLG Loan) | INR 5,000 - 35,000 | 12 | 80% - 100% | 0% - 20% | Business, only for income genarting activities | Women, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training | |||||||
| Micro Enterprise Loan | INR 25,000 - 300,000 | 6 - 24 | 80% - 100% | 0% - 20% | Business, income generating activities | Women, Have business, Have home or land | Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | PHP 20,000 - 60,000 | 6 - 12 | 80% - 100% | 0% - 20% | Business, Agriculture | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Regular Loan | PHP 3,000 - 130,000 | 6 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business, Have home or land, Salaried worker, Specific age group | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Laibility Group Loan (JLG Loan) | 0% | 30.1% | 32.3% | N/A | ||||||||||
| Micro Enterprise Loan | 0% | 27.4% - 30% | 28.9% - 31.6% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Laibility Group Loan (JLG Loan) | 23.6%-28.1% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 30.1% | 32.3% | 73 | ||||||||
| Micro Enterprise Loan | 24.9%-28.1% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 27.4% - 30% | 28.9% - 31.6% | 82 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | 20.0% annual, Flat | 2 Fees | 2 Ins | None | 30.0% upfront 30.00% ongoing | 56.6% | 111.6% - 113.9% | 18 | ||||||||
| Regular Loan | 20.0% annual, Flat | 2 Fees | 1 Ins | None | 30.0% upfront 50.00 ongoing | 78.4% - 101.5% | 82% - 163.7% | 18 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Laibility Group Loan (JLG Loan) | 0% | 30.1% | 32.3% | N/A | ||||||||||
| Micro Enterprise Loan | 0% | 27.4% - 30% | 28.9% - 31.6% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Joint Laibility Group Loan (JLG Loan) | 23.6%-28.1% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 30.1% | 32.3% | 73 | ||||||||
| Micro Enterprise Loan | 24.9%-28.1% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 27.4% - 30% | 28.9% - 31.6% | 82 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Loan | 20.0% annual, Flat | 2 Fees | 2 Ins Ins | None | 30.0% upfront 30.00% ongoing | 56.6% | 111.6% - 113.9% | 18 | ||||||||
| Regular Loan | 20.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 30.0% upfront 50.00 ongoing | 78.4% - 101.5% | 82% - 163.7% | 18 |
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