| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.janalakshmi.com/ |
| Year established | 2006 |
| Head of Institution | VS Radhakrishnan |
| Regions active | Gujarat, Haryana, Karnataka, Madhya Pradesh, MaharashtraPunjab, Tamil Nadu, Uttar Pradesh, National Capital Territory of Delhi |
| # Branches | 66 |
| Total Portfolio (nat'l) | INR 6,311,118,034 |
| Total Portfolio (USD) | USD 119,077,698.80 |
| Active clients with loans | 506,075 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | MFIN, AKMI |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Education Loan | INR 5,000 - 20,000 | 12 - 24 | 60% - 80% | 60% - 80% | Education | Women, Men, Must have children who are studying until the age of 24 yrs. | Credit Educ | |||||||
| Small Group Loan | INR 5,000 - 50,000 | 12 - 24 | 100% | 100% | Business, Housing, Consumer, Education, Other | Women, Group members must live within each other's vicinity., Must demonstrate capacity to repay. | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Education Loan | 27.5% - 28% | 33% - 33.9% | 40.4% - 41.8% | NA | NA | NA | 86 | |||||||
| Small Group Loan | 27.9% - 29.6% | 28.9% - 31.5% | 30.4% - 33.4% | Yes | Yes | Yes | 92 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Education Loan | 24.0% annual, Decl Bal | 2 Fees | 0 Ins | 12.36% fees | 10.0% upfront | 33% - 33.9% | 40.4% - 41.8% | 58 | ||||||||
| Small Group Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 28.9% - 31.5% | 30.4% - 33.4% | 83 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| 1st Valley Bank | 38,900 | 48,291,000 | 3 | 158 |
| AJDFI | 13,100 | 884,000 | 6 | 158 |
| ARDCI | 44,600 | 9,403,000 | 1 | 158 |
| ASA Philippines | 333,400 | 29,282,000 | 1 | 158 |
| ASHI | 35,400 | 5,231,000 | 6 | 158 |
| ASKI | 60,000 | 15,247,000 | 4 | 158 |
| Bangko Kabayan | 8,900 | 2,373,000 | 2 | 158 |
| BSEI | 600 | 73,000 | 2 | 158 |
| CBI | 8,100 | 2,010,000 | 5 | 158 |
| CCT | 70,300 | 9,504,000 | 4 | 158 |
| CEV | 35,400 | 5,111,000 | 4 | 158 |
| DSPI | 59,300 | 3,676,000 | 3 | 158 |
| ECLOF | 5,400 | 1,836,000 | 4 | 158 |
| FCB | 12,000 | 2,392,000 | 2 | 158 |
| FMB | 2,700 | 710,000 | 2 | 158 |
| GM Bank | 23,500 | 1,553,000 | 3 | 158 |
| HSPFI | 19,100 | 1,899,000 | 2 | 158 |
| JVOFI | 1,300 | 281,000 | 1 | 158 |
| Katipunan Bank | 42,100 | 5,325,000 | 2 | 158 |
| KDCI | 20,500 | 2,095,000 | 3 | 158 |
| KGI | 32,300 | 3,421,000 | 4 | 158 |
| KMBI | 245,000 | 15,098,000 | 1 | 158 |
| LTMPC | 37,400 | 8,935,000 | 3 | 158 |
| Mallig Plains | 6,500 | 641,000 | 2 | 158 |
| MILAMDEC | 29,800 | 3,278,000 | 2 | 158 |
| MWIMPC | 11,800 | 1,740,000 | 4 | 157 |
| NWTF | 105,500 | 12,698,000 | 5 | 158 |
| OFMPC | 4,400 | 964,000 | 1 | 158 |
| PBC | 50,700 | 10,434,000 | 4 | 158 |
| PCSD | 700 | 167,000 | 1 | 158 |
| PMPC | 23,500 | 5,565,000 | 8 | 158 |
| RB Angeles | 900 | 1,502,000 | 2 | 158 |
| RB Labason | 500 | 289,000 | 1 | 158 |
| RBLI | 5,200 | 1,026,000 | 2 | 158 |
| RBMI | 11,900 | 1,750,000 | 2 | 158 |
| RMB | 100 | 173,000 | 1 | 158 |
| RSPI | 39,600 | 2,834,000 | 4 | 158 |
| SAFRAGEMC | 1,100 | 229,000 | 1 | 158 |
| Salve | 10,900 | 1,191,000 | 3 | 158 |
| SEDP | 27,000 | 3,914,000 | 3 | 158 |
| TSKI | 212,900 | 25,187,000 | 2 | 158 |
| TSPI | 264,500 | 31,290,000 | 7 | 158 |
| Valient | 1,700 | 672,000 | 2 | 158 |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # Borrowers | |
| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
