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
Data approved: 2013-07-16
Data version: 3
Age of data: 139 months
| 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 |
145,779 Borrowers
USD 34,208,015.87 Portfolio
Active Product
4,872 Borrowers
USD 1,511,297.36 Portfolio
Active Product
Loan Products » Conditions
| 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 |
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 |
| 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 |
Loan Products » Pricing Information
| 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 |
Please note that the information you are viewing is
135 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-03-13
Data version: 2
Age of data: 135 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (TZS) | TZS 34,375,000 |
| Portfolio (USD) | USD 21,619.50 |
| Active Clients with Loans | 30 |
| Approximate % Female Clients | 0 |
| Approximate % Urban Clients | 0 |
Description
The loan is extended to the organized groups with an intention of building entrepreneurship skills of members with demonstrated their capacity to set and enforce group based business ventures.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| 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) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 3 |
| # Regions for this product | N/A |
| Regions Active | |
