Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | http://www.fusionmicrofinance.com/ |
Year established | 2010 |
Head of Institution | Devesh Sachdev |
Regions active | 0 |
# Branches | 15 |
Total Portfolio (nat'l) | INR 154,045,112 |
Total Portfolio (USD) | USD 3,423,224.71 |
Active clients with loans | 23,323 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | MFIN, India |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.insotec-ec.com/ |
Year established | 1980 |
Head of Institution | José Lanusse |
Regions active | |
# Branches | 4 |
Total Portfolio (nat'l) | USD 6,252,818 |
Total Portfolio (USD) | USD 6,252,818 |
Active clients with loans | 7,244 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Red Financiera Rural |
Funders | SISTEMA NACIONAL MICROFINANZAS, SYMBIOTICS, TRIODOS, ETIMOS |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | INR 15,000 - 15,000 | 11 | 80% - 100% | 80% - 100% | Business | Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training | |||||||
IGL- New Clients | INR 12,000 - 12,000 | 17 | 80% - 100% | 0% - 20% | Business | Women, Have home or land | ||||||||
IGL- Old Clients | INR 16,000 - 30,000 | 24 | 80% - 100% | 0% - 20% | Business | Women, Have home or land | ||||||||
Jagrati | INR 8,000 - 8,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Other | Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents , she c | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
Pragati | INR 18,000 - 18,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Other | Women, Only married women with proper KYC documents , she can be a salaried domestic worker | Credit Educ, Group Mtgs, Credit Ins | |||||||
Roshni | INR 10,000 - 10,000 | 11 | 80% - 100% | 0% - 20% | Business, Housing, Education, Other | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
Samridhi | INR 20,000 - 20,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Education, Other | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
Unnati | INR 12,000 - 12,000 | 11 | 80% - 100% | 80% - 100% | Business, Housing, Education, Other | Women | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CrediAgro | USD 300 - 10,000 | 4 - 30 | 40% - 60% | 0% - 20% | Business, Mejora Local | Women, Men, Have business | Credit Ins | |||||||
CrediSimple | USD 300 - 10,000 | 4 - 30 | 40% - 60% | 60% - 80% | Business, Solo para capital de Trabajo, Activo Fijo,Mejora Local | Women, Men, Have business | Credit Ins | |||||||
Emergente | USD 250 - 1,800 | 3 - 5 | 20% - 40% | 0% - 20% | Business, Other, Usar solo para capital de trabajo | Women, Men, Have business, Have home or land | Credit Ins | |||||||
SINCO | USD 300 - 1,000 | 3 - 8 | 40% - 60% | 20% - 40% | Business, Usar solo para capital de trabajo | Women, Men, Have business, Have home or land, Propietario de Terreno | 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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 0% | 36.6% | 39% | N/A | ||||||||||
IGL- New Clients | 0% | 27.6% | 29.4% | N/A | ||||||||||
IGL- Old Clients | 0% | 27.2% | 29.3% | N/A | ||||||||||
Jagrati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Pragati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Roshni | 0% | 36.8% | 39.3% | N/A | ||||||||||
Samridhi | 0% | 36.6% | 39% | N/A | ||||||||||
Unnati | 0% | 36.8% | 39.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
IGL- New Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.6% | 29.4% | 89 | ||||||||
IGL- Old Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.2% | 29.3% | 89 | ||||||||
Jagrati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Pragati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Roshni | 31.7% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Samridhi | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
Unnati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 36.8% | 39.3% | 81 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CrediAgro | 22.3%-26.9% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 24.8% - 27.3% | 28% - 30.5% | 75 | ||||||||
CrediSimple | 24.5%-29.9% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 24.8% - 27.3% | 28.1% - 30.4% | 83 | ||||||||
Emergente | 24.5%-26.9% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.2% - 27.3% | 30% - 30.3% | 81 | ||||||||
SINCO | 24.5%-26.9% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.2% - 27.3% | 30.3% - 30.4% | 80 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 0% | 36.6% | 39% | N/A | ||||||||||
IGL- New Clients | 0% | 27.6% | 29.4% | N/A | ||||||||||
IGL- Old Clients | 0% | 27.2% | 29.3% | N/A | ||||||||||
Jagrati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Pragati | 0% | 36.8% | 39.3% | N/A | ||||||||||
Roshni | 0% | 36.8% | 39.3% | N/A | ||||||||||
Samridhi | 0% | 36.6% | 39% | N/A | ||||||||||
Unnati | 0% | 36.8% | 39.3% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
IGL- New Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 27.6% | 29.4% | 89 | ||||||||
IGL- Old Clients | 26.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 27.2% | 29.3% | 89 | ||||||||
Jagrati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Pragati | 31.7% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Roshni | 31.7% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 36.8% | 39.3% | 81 | ||||||||
Samridhi | 31.7% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 36.6% | 39% | 81 | ||||||||
Unnati | 31.7% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 36.8% | 39.3% | 81 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CrediAgro | 22.3%-26.9% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 24.8% - 27.3% | 28% - 30.5% | 75 | ||||||||
CrediSimple | 24.5%-29.9% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | N/A | 24.8% - 27.3% | 28.1% - 30.4% | 83 | ||||||||
Emergente | 24.5%-26.9% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 27.2% - 27.3% | 30% - 30.3% | 81 | ||||||||
SINCO | 24.5%-26.9% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 27.2% - 27.3% | 30.3% - 30.4% | 80 |
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