Fusion Microfinance Pvt. Ltd. - MFTransparency.org Truth In Lending Tables

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Institution

Fusion Microfinance Pvt. Ltd. 303-304, 3rd Floor, Building No.2Community Center, Phase-1, NarainaNew Delhi, New Delhi110052

Data approved: 2011-08-08

Data version: 1

Age of data: - months

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Institution

Grameen Ghana Head OfficeBehind RCCTamale, Northern

Data approved: 2013-03-14

Data version: 2

Age of data: 138 months

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Institution Details

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 Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	Yes
Website address	http://www.grameenghana.org
Year established	2001
Head of Institution	Mohammed A. Adams
Regions active	Northern Region, Upper East Region
# Branches	5

Total Portfolio (nat'l)	GHS 998,804
Total Portfolio (USD)	USD 507,007.11
Active clients with loans	9,505
Approximate % female clients	80% - 100%
Approximate % urban clients	0% - 20%
Network affiliations	ASSFIN, GHAMFIN, African Microfinance Transparency (AMT), Civil Society Platform
Funders	Grameen Foundation, CORDAID, Planet Finance, Alterfin

Loan Products » Summary

Gati

398 Borrowers

USD 67,667 Portfolio

Active Product

IGL- New Clients

1,641 Borrowers

USD 436,424 Portfolio

Active Product

IGL- Old Clients

482 Borrowers

USD 178,807 Portfolio

Active Product

Jagrati

3 Borrowers

USD 35 Portfolio

Active Product

Pragati

124 Borrowers

USD 28,910 Portfolio

Active Product

Roshni

16,417 Borrowers

USD 1,617,538 Portfolio

Active Product

Samridhi

119 Borrowers

USD 18,483 Portfolio

Active Product

Unnati

378 Borrowers

USD 33,324 Portfolio

Active Product

Loan Products » Summary

Agriculture

2,281 Borrowers

USD 121,681.73 Portfolio

Active Product

Basic

4,848 Borrowers

USD 243,363.45 Portfolio

Active Product

Shea

2,376 Borrowers

USD 141,961.93 Portfolio

Active Product

Grain Banking

Retired Product

Processing Loan

Retired Product

Loan Products » Conditions

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

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Agriculture Business Loan	GHS 400 - 1,000	6 - 12	80% - 100%	0% - 20%	Business, Agricultural Production	Women, Men	Credit Educ, Group Mtgs, Other Training, Training in health, nutrition, sanitation, breast-feeding, and malaria prevention.
Basic Loan	GHS 50 - 1,000	4 - 6	100%	0% - 20%	Business	Women	Credit Educ, Group Mtgs, Other Training, Training in health, nutrition, sanitation, breast-feeding, and malaria prevention.
Shea Loan	GHS 50 - 500	6 - 9	100%	0%	Any Purpose	Women	Credit Educ, Group Mtgs, Other Training, Training in health, nutrition, sanitation, breast-feeding, and malaria prevention.

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	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

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Gati	31.7% annual, Decl Bal	1 Fee	None	N/A	36.6%	39%	81
IGL- New Clients	26.0% annual, Decl Bal	1 Fee	None	N/A	27.6%	29.4%	89
IGL- Old Clients	26.0% annual, Decl Bal	1 Fee	None	N/A	27.2%	29.3%	89
Jagrati	31.7% annual, Decl Bal	2 Fees	None	N/A	36.8%	39.3%	81
Pragati	31.7% annual, Decl Bal	1 Fee	None	N/A	36.8%	39.3%	81
Roshni	31.7% annual, Decl Bal	1 Fee	None	N/A	36.8%	39.3%	81
Samridhi	31.7% annual, Decl Bal	2 Fees	None	N/A	36.6%	39%	81
Unnati	31.7% annual, Decl Bal	2 Fees	None	N/A	36.8%	39.3%	81

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Agriculture Business Loan	30.00% annual, Flat	None	N/A	45.8%	45.8%	65
Basic Loan	36.00% annual, Flat	None	N/A	70.8%	70.8%	50
Shea Loan	36.00% annual, Flat	None	N/A	39.6% - 44.5%	39.6% - 44.5%	87

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	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

*Please click here for more information

Loan Products » Pricing Information

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

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Agriculture Business Loan	30.00% annual, Flat	0 Ins Ins	None	N/A	45.8%	45.8%	65
Basic Loan	36.00% annual, Flat	0 Ins Ins	None	N/A	70.8%	70.8%	50
Shea Loan	36.00% annual, Flat	0 Ins Ins	None	N/A	39.6% - 44.5%	39.6% - 44.5%	87

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Key Statistics
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Institution

Institution

Institution Details

Institution Details

Loan Products » Summary

Loan Products » Summary

Loan Products » Conditions

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Institution Price Graph

Institution Price Graph

Total Borrowers of Samples

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