| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.ffslmfi.com/ |
| Year established | 2007 |
| Head of Institution | G. Dashratha Reddy |
| Regions active | Andhra Pradesh, Karnataka |
| # Branches | 110 |
| Total Portfolio (nat'l) | INR 2,041,266,962 |
| Total Portfolio (USD) | USD 38,514,470.98 |
| Active clients with loans | 179,620 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 0 |
| Network affiliations | MFIN, Sa-Dhan |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Loan | INR 12,000 - 30,000 | 19 - 26 | 100% | 0% | Business | Women | Group Mtgs, Credit Ins, Other Training | |||||||
| Fortnightly Loan | INR 12,000 - 30,000 | 19 - 26 | 100% | 100% | Business | Women | Group Mtgs, Credit Ins, Other 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Loan | 24.7% - 25.6% | 26% - 26.7% | 29.8% - 30.8% | Yes | Yes | Yes | 100 | |||||||
| Fortnightly Loan | 27.6% - 27.7% | 28.8% - 29% | 33.2% - 33.4% | Yes | Yes | Yes | 94 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Monthly Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26% - 26.7% | 29.8% - 30.8% | 85 | ||||||||
| Fortnightly Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 28.8% - 29% | 33.2% - 33.4% | 78 |
| Outstanding portfolio (PKR) | PKR 6,987,900 |
| Portfolio (USD) | USD 68,621.18 |
| Active Clients with Loans | 65 |
| Approximate % Female Clients | N/A |
| Approximate % Urban Clients | N/A |
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 6 |
| # Regions for this product | N/A |
| Regions Active |
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| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
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