Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.chaitanyaindia.in/ |
Year established | 2009 |
Head of Institution | Anand Rao |
Regions active | Karnataka |
# Branches | 10 |
Total Portfolio (nat'l) | INR 205,228,721 |
Total Portfolio (USD) | USD 3,872,240.02 |
Active clients with loans | 21,309 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1986 |
Head of Institution | Angelo B. Solarte - OIC |
Regions active | |
# Branches | 99 |
Total Portfolio (nat'l) | PhP 1,052,841,254 |
Total Portfolio (USD) | USD 25,187,589.81 |
Active clients with loans | 212,959 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Opportunity International Network, Alliance for Philippine Partners in Enterprise Development (APPEND), Microfinance Council of the Philippines, Inc. (MCPI), Visayas Association of Microfinance Institutions |
Funders | OIKOCredit, Symbiotics SA, People's Credit and Finance Corporation (PCFC), National Livelihood Development Corporation (NLDC) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2D Business Loan | INR 36,000 - 50,000 | 24 - 30 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
3D Business Loan | INR 36,000 - 50,000 | 24 - 30 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
One Year Business Loan | INR 5,000 - 15,000 | 12 | 80% - 100% | 0% - 20% | Business | Women, Could be used in income generating activities. | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKEY | PHP 10,000 - 50,000 | 3 - 6 | 60% - 80% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Ins, Business Training, Other Training | |||||||
PKK | PHP 3,000 - 15,000 | 6 | 80% - 100% | 20% - 40% | Business, Other | Women, Have business | Group Mtgs, Credit Ins, 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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2D Business Loan | 25.9% | 27.3% - 27.5% | 29.6% - 30.1% | Yes | Yes | Yes | 100 | |||||||
3D Business Loan | 25.9% - 27.3% | 28% - 29.5% | 31.3% - 33% | Yes | Yes | Yes | 99 | |||||||
One Year Business Loan | 25.8% - 25.9% | 27.5% - 27.7% | 30.1% - 30.5% | Yes | Yes | Yes | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2D Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.3% - 27.5% | 29.6% - 30.1% | 87 | ||||||||
3D Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 28% - 29.5% | 31.3% - 33% | 81 | ||||||||
One Year Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.5% - 27.7% | 30.1% - 30.5% | 85 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKEY | 30.0% annual, Flat | 2 Fees | 1 Ins | 0.25% loan amt | 10.00% ongoing | 49.2% - 61.2% | 63% - 79% | 42 | ||||||||
PKK | 41.6% annual, Flat | 1 Fee | 1 Ins | 0.25% loan amt | 150.00 upfront 1,500.00 ongoing | 71% - 87.1% | 97% - 157.2% | 36 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2D Business Loan | 25.9% | 27.3% - 27.5% | 29.6% - 30.1% | Yes | Yes | Yes | 100 | |||||||
3D Business Loan | 25.9% - 27.3% | 28% - 29.5% | 31.3% - 33% | Yes | Yes | Yes | 99 | |||||||
One Year Business Loan | 25.8% - 25.9% | 27.5% - 27.7% | 30.1% - 30.5% | Yes | Yes | Yes | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2D Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 27.3% - 27.5% | 29.6% - 30.1% | 87 | ||||||||
3D Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 28% - 29.5% | 31.3% - 33% | 81 | ||||||||
One Year Business Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 27.5% - 27.7% | 30.1% - 30.5% | 85 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OKEY | 30.0% annual, Flat | 2 Fees | 1 Ins Ins | 0.25% loan amt | 10.00% ongoing | 49.2% - 61.2% | 63% - 79% | 42 | ||||||||
PKK | 41.6% annual, Flat | 1 Fee | 1 Ins Ins | 0.25% loan amt | 150.00 upfront 1,500.00 ongoing | 71% - 87.1% | 97% - 157.2% | 36 |
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