2. Equitas
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Singhivi Investment & Finance Pvt. Ltd. 4th Floor, Temple Tower, 672 Anna Salai, NandanamChennai, Tamil Nadu600035
Data approved: 2013-02-20
Data version: 3
Age of data: 139 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.equitasmf.in
Year established2007
Head of InstitutionPN Vasudevan
Regions activeGujarat, Madhya Pradesh
# Branches278

Total Portfolio (nat'l)INR 9,756,400,000
Total Portfolio (USD)USD 184,083,018.90
Active clients with loans1,163,000
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsMFIN, Sa-Dhan, Alpha

Loan Products » Summary

2nd Cycle
540,000 Borrowers
USD 107,735,849.10 Portfolio
Active Product
3rd Cycle
45,000 Borrowers
USD 10,377,358.49 Portfolio
Active Product
1st Cycle
590,000 Borrowers
USD 66,037,735.85 Portfolio
Active Product
Income
45,000 Borrowers
USD 2,264,150.94 Portfolio
Active Product
Additional Micro Credit - Upcountry
Retired Product
Additional Micro credit -Metro
Retired Product
Additional Micro-Credit
Retired Product
Gurukul Loan
Retired Product
Primary Loans - Metro
Retired Product
Primary loans - Rural
Retired Product
Primary Loans - Upcountry
Retired Product
Primary Loans
Retired Product
Second cycle loan - Metro
Retired Product
Second Cycle Loan - Upcountry
Retired Product
Shiksha Loan
Retired Product
Vidya loan - Metro
Retired Product
Vidya loan - Upcountry
Retired Product
Vidya Loan
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Second Cycle Loan INR 12,000 - 18,000 18 - 24 80% - 100% 80% - 100% Business Women, Have business, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins
Third Cycle Loan INR 12,000 - 18,000 18 - 24 80% - 100% 80% - 100% Business Women, Have business, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins
First Cycle Loan INR 12,000 - 18,000 18 - 24 80% - 100% 80% - 100% Business Women, Have business, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins
Income Generating 1 Year Loan INR 4,999.50 - 5,000 12 80% - 100% 80% - 100% Business Women, Have business, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, 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
Second Cycle Loan 24.9% - 25.3% 26% - 26.7% 27.7% - 29.1% Yes Yes Yes 100
Third Cycle Loan 24.9% - 25.4% 26% - 26.5% 27.6% - 28.2% Yes Yes Yes 100
First Cycle Loan 25% - 25.3% 26% - 26.7% 27.7% - 29.1% Yes Yes Yes 100
Income Generating 1 Year Loan 24.4% - 25.3% 26.4% - 27.4% 28.1% - 29.3% Yes Yes Yes 100
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Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Second Cycle Loan 25.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26% - 26.7% 27.7% - 29.1% 90
Third Cycle Loan 25.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26% - 26.5% 27.6% - 28.2% 91
First Cycle Loan 25.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26% - 26.7% 27.7% - 29.1% 90
Income Generating 1 Year Loan 25.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.4% - 27.4% 28.1% - 29.3% 89
Institution Price Graph
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  2. DemirBank
Please note that the information you are viewing is 120 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DemirBank 31 Garabagh str., Baku.,AZ 1008Baku, BakuAZ1008
Data approved: 2014-09-18
Data version: 1
Age of data: 120 months

Product

Employee loan Product 2 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (AZN)AZN 718,677
Portfolio (USD)USD 921,380.77
Active Clients with Loans4,298
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loan is issued to the employees of all kind of education and health sectors. It is provided up to 18 times of salary of the client.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution7
# Regions for this product8
Regions ActiveAbsheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-ShirvanKur

Loan Conditions

Loan Amount
CurrencyAZN
Minimum loan sizeAZN 300
Maximum loan size6,000
Distribution at Disbursement (Est.)
Loans less than AZN 1,00015%
AZN 1,000-5,00070%
AZN 5,000-8,00015%
AZN 8,000-11,0000
AZN 11,000-14,0000
Greater than AZN 14,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months40%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest28.00%
Highest quoted nominal interest34.00%
Reason(s) why interest rate variesTime as Client, Loan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionComission FeeDocument charge
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min010
Fixed amount - max060
Reason for variationN/AN/A
Appears on Repayment Sched?YesNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionAccident Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min10
Fixed amount - max120
Reason for variationIt is determined according to the loan amount.
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Employee loan samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
AZN 2,040 Generated 2014-11-01 9.0 months N/A AZN 354.14 42.7% 29.6% 6.5% 6.6% 0.0% 0.0% 66 - PDF
AZN 3,000 Generated 2014-11-01 12.0 months N/A AZN 622.16 39.0% 30.6% 4.1% 4.3% 0.0% 0.0% 72 - PDF
AZN 3,800 Generated 2014-11-01 18.0 months N/A AZN 1,069.10 36.0% 30.6% 3.0% 2.4% 0.0% 0.0% 78 - PDF
AZN 4,900 Generated 2014-11-01 18.0 months N/A AZN 1,379.63 36.1% 30.6% 3.0% 2.5% 0.0% 0.0% 78 - PDF
AZN 5,200 Generated 2014-11-01 18.0 months N/A AZN 1,456.14 35.8% 30.6% 2.9% 2.3% 0.0% 0.0% 78 - PDF
AZN 6,000 Generated 2014-11-01 24.0 months N/A AZN 2,146.23 34.8% 30.6% 2.4% 1.8% 0.0% 0.0% 81 - PDF
Employee loan Price Graphs


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Key Statistics
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# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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