2. Bandhan
Please note that the information you are viewing is 140 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Bandhan Financial Services Private Limited DN-32, Sector-V,Salt Lake CityKolkata, West Bengal700091
Data approved: 2013-01-16
Data version: 2
Age of data: 140 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.bandhanmf.com/
Year established2002
Head of InstitutionChandra Shekhar Ghosh
Regions activeAssam, Bihar, Chhattisgarh, Gujarat, HaryanaJharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Rajasthan, Sikkim, Tripura, Uttar Pradesh, Uttarakhand, West BengalDadra and Nagar Haveli, National Capital Territory of Delhi
# Branches1700

Total Portfolio (nat'l)INR 35,934,903,405
Total Portfolio (USD)USD 678,017,045.40
Active clients with loans4,039,061
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliationsSa-dhan, MFIN, Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B

Loan Products » Summary

Suraksha
10,282 Borrowers
USD 1,703,540.74 Portfolio
Active Product
Suchana
3,183,754 Borrowers
USD 394,083,435.40 Portfolio
Active Product
Srishti
851,819 Borrowers
USD 278,595,779.20 Portfolio
Active Product
Susiksha
2,575 Borrowers
USD 100,107.23 Portfolio
Active Product
Fisheries
231 Borrowers
USD 81,195.98 Portfolio
Active Product
Samriddhi Loan (Micro Small and Medium Enterprise Loan)
Retired Product
Srishti Loan (Micro enterprise loan) Type1
Retired Product
Srishti Loan(Micro enterprise loan) Type 2
Retired Product
Suchana Loan (Micro Loan) Type 1
Retired Product
Suchana Loan (Micro Loan) Type 2
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Suraksha Loan (Health Loan) INR 1,000 - 10,000 12 100% 20% - 40% Other, It can be used only for emergency health needs. , Can NOT be used for business Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Suchana Loan INR 1,000 - 15,000 12 100% 20% - 40% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Srishti Loan INR 16,000 - 50,000 24 100% 20% - 40% Business Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Susikhsha Loan INR 1,000 - 10,000 12 100% 20% - 40% Education Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness
Fisheries Loan INR 10,000 - 50,000 12 - 24 80% - 100% 20% - 40% Business Women, Men, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have an access to waterland Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Leadership Training

Loan Products » MFIN India Additional Information

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
Suraksha Loan (Health Loan) 19.8% - 19.9% 21.9% - 22.1% 22.2% - 22.3% Yes Yes Yes 100
Suchana Loan 21.8% - 22.9% 23.8% - 25% 25.1% - 26.2% Yes Yes Yes 100
Srishti Loan 22.5% - 22.9% 23.5% - 24% 24.7% - 25.2% Yes Yes Yes 100
Susikhsha Loan 19.8% - 20.1% 21.9% - 22.3% 22.2% - 22.5% Yes Yes Yes 100
Fisheries Loan 22.7% - 23.8% 23.7% - 25.4% 24.7% - 26.4% Yes Yes Yes 99
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Suraksha Loan (Health Loan) 20.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 21.9% - 22.1% 22.2% - 22.3% 90
Suchana Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.8% - 25% 25.1% - 26.2% 88
Srishti Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.5% - 24% 24.7% - 25.2% 92
Susikhsha Loan 20.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 21.9% - 22.3% 22.2% - 22.5% 89
Fisheries Loan 22.9% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.7% - 25.4% 24.7% - 26.4% 90
Institution Price Graph
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  2. ASKI
Please note that the information you are viewing is 160 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Alalay sa Kaunlaran, Inc. 105 Maharlika HighwayCabanatuan, Nueva Ecija3100
Data approved: 2011-11-15
Data version: 1
Age of data: 160 months

Product

Alalay sa Magsasaka Program (AMP) Product 2 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 152,630,925
Portfolio (USD)USD 3,651,457.54
Active Clients with Loans7,492
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village bankingx
Self help group
Other
Description
Provide additional capital for clients engaged in agri-business activities
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other trainingx
OtherTransformation Program
Other (2)Environment Program
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be engaged in agri-business
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 5,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term6.0 months
Approx average5.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.00%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesClient Risk, Loan Purpose, Interest rate varies if client has exceeded the loan duration or if the loan is given to a new client, not as an incentive loan.
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService FeeBusiness Development Support Service
% of loan amount - min3.00%0
% of loan amount - max3.00%0
OR, Fixed amount - min0100
Fixed amount - max0100
Reason for variationN/a
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1Ins 2
DescriptionCrop Insurance (PCIC) for corn and palayASKI MBA Life Insurance
% of loan amount - min5.31%0
% of loan amount - max8.48%0
OR, Fixed amount - min0480
Fixed amount - max0480
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Insurance Fees
Ins 1
DescriptionASKI MBA Life Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min30
Fixed amount - max30
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid1.00%
Maximum interest rate paid1.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
AMP loan is given either as incentive loan or regular loan to clients. For regular loans, interest rate is 3% and the client should be enrolled to ASKI MBA, paying his/her membership fee of P3 and first week premium contribution of P3. Also, corn and palay agribusiness is insured with the Phil. Crop Insurance Company (PCIC). Interest on CBU is computed based on average daily balance and is directly credited to the client's account. Outreach based on April 211 data.

Full Pricing Data

Alalay sa Magsasaka Program (AMP) samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountPHP 7,000PHP 20,000PHP 28,000PHP 60,000PHP 90,000PHP 120,000
Loan Cycle (1, 2, 3, etc)115345
Disbursement Date2011-04-112011-07-072011-04-292011-04-272011-04-282011-05-24
Loan Term (Months)4.0 months5.0 months4.0 months5.0 months5.0 months5.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component34.5%33.8%33.9%32.7%32.7%34.0%
Insurance Component0.0%35.4%0.0%0.0%1.5%1.2%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)34.5%69.3%33.9%32.7%34.2%35.2%
Transparency Index703571747068
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Alalay sa Magsasaka Program (AMP) Price Graphs


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