Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.fusionmicrofinance.com/ |
Year established | 2010 |
Head of Institution | Devesh Sachdev |
Regions active | Madhya Pradesh |
# Branches | 21 |
Total Portfolio (nat'l) | INR 520,483,112 |
Total Portfolio (USD) | USD 9,820,436.08 |
Active clients with loans | 66,806 |
Approximate % female clients | 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | MFIN |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.maata-n-tudu.org/ |
Year established | 1993 |
Head of Institution | Konlan Lambongang |
Regions active | Northern Region, Upper East Region, Upper West Region |
# Branches | 3 |
Total Portfolio (nat'l) | GHS 1,855,661 |
Total Portfolio (USD) | USD 941,959.90 |
Active clients with loans | 12,035 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | GHAMFIN, ASSFIN |
Funders | CORDAID, UNDP, Grameen Foundation, Planet Finance |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | INR 12,000 - 15,000 | 17 | 100% | 0% - 20% | Business, Agriculture | Women, Have home or land, Specific age group, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins | |||||||
IGL 16K-30k | INR 16,000 - 30,000 | 24 | 100% | 0% - 20% | Business, Agriculture | Women, Have home or land, Specific age group, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agro Processing Loan | GHS 50 - 1,000 | 9 | 80% - 100% | 0% - 20% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Grain Banking Loan | GHS 50 - 1,000 | 9 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
Trading Loan | GHS 50 - 1,000 | 6 | 80% - 100% | 40% - 60% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 28% - 28.4% | 29.5% - 30% | 31.5% - 32% | Yes | Yes | Yes | 100 | |||||||
IGL 16K-30k | 28% - 28.5% | 29.1% - 29.6% | 30.6% - 31.1% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 29.5% - 30% | 31.5% - 32% | 82 | ||||||||
IGL 16K-30k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.6% - 31.1% | 84 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agro Processing Loan | 36.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 45.2% - 46% | 59.3% - 60.5% | 60 | ||||||||
Grain Banking Loan | 38.04% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 38.2% - 38.7% | 47.5% - 48.1% | 79 | ||||||||
Trading Loan | 36.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 51.9% - 56.3% | 71% - 77.1% | 49 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 28% - 28.4% | 29.5% - 30% | 31.5% - 32% | Yes | Yes | Yes | 100 | |||||||
IGL 16K-30k | 28% - 28.5% | 29.1% - 29.6% | 30.6% - 31.1% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 29.5% - 30% | 31.5% - 32% | 82 | ||||||||
IGL 16K-30k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.6% - 31.1% | 84 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agro Processing Loan | 36.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.00% upfront | 45.2% - 46% | 59.3% - 60.5% | 60 | ||||||||
Grain Banking Loan | 38.04% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.00% upfront | 38.2% - 38.7% | 47.5% - 48.1% | 79 | ||||||||
Trading Loan | 36.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.00% upfront | 51.9% - 56.3% | 71% - 77.1% | 49 |
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