Please note that the information you are viewing is
118 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2014-09-22
Data version: 4
Age of data: 118 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.belstar.in |
| Year established | 2009 |
| Head of Institution | Dr.Kalpana sankar |
| Regions active | Madhya Pradesh, Tamil Nadu, Puducherry |
| # Branches | 64 |
| Total Portfolio (nat'l) | INR 1,269,117,806 |
| Total Portfolio (USD) | USD 23,945,618.98 |
| Active clients with loans | 123,092 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Microfinance Institutions Network - MFIN |
117,606 Borrowers
USD 22,895,241.62 Portfolio
Active Product
5,485 Borrowers
USD 1,050,377.36 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Micro Enterprise Loan |
|
INR 12,000 - 30,000 |
|
13 - 25 |
|
100% |
|
0% - 20% |
|
Business, Agriculture |
|
Women, Specific age group, Low HH Inc, Med HH Inc, Must be a Member of an SHG, Must be in the age group of 18 to 60 years. |
|
Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Educational Loan |
|
INR 11,000 - 11,000 |
|
12 |
|
100% |
|
0% - 20% |
|
Education |
|
Women, Specific age group, Low HH Inc, Med HH Inc |
|
Credit Ins |
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 |
| Micro Enterprise Loan |
|
24.7% - 26.4% |
|
25.7% - 28% |
|
26.7% - 29% |
|
|
|
|
|
|
|
100 |
| Educational Loan |
|
24.7% |
|
26.5% |
|
28% |
|
|
|
|
|
|
|
100 |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Micro Enterprise Loan |
|
25.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
25.7% - 28% |
|
26.7% - 29% |
|
91 |
| Educational Loan |
|
25.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
26.5% |
|
28% |
|
89 |
Please note that the information you are viewing is
113 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2015-05-11
Data version: 2
Age of data: 113 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (PKR) | PKR 350,748 |
| Portfolio (USD) | USD 3,444.35 |
| Active Clients with Loans | 38 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 60% - 80% |
Description
Under this product category, the customers may purchase movable engines, parts, machines/motors, tools (including agriculture related tools), equipment etc.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 5 |
| # Regions for this product | N/A |
| Regions Active | |
