Please note that the information you are viewing is
170 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: 2010-11-15
Data version: 1
Age of data: 170 months
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2007 |
| Head of Institution | Niranjan Sheelavant |
| Regions active | |
| # Branches | 6 |
| Total Portfolio (nat'l) | INR 48,626,144 |
| Total Portfolio (USD) | USD 917,474.42 |
| Active clients with loans | 8,267 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
155 Borrowers
USD 28,828 Portfolio
Active Product
8,112 Borrowers
USD 888,646.42 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Income Generation Loan (IGL) - FNR - IGL |
|
INR 5,000 - 12,000 |
|
16.8 - 18 |
|
80% - 100% |
|
20% - 40% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Other Training, Financial Literacy Programs, Community Contact Programs |
| Income Generation Loan (IGL) |
|
INR 5,000 - 20,000 |
|
11.7 |
|
80% - 100% |
|
60% - 80% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins, Financial Literacy Programs, Community Contact Programs |
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 |
| Income Generation Loan (IGL) - FNR - IGL |
|
0% |
|
31% |
|
34.2% - 37.4% |
|
|
|
|
|
|
|
N/A |
| Income Generation Loan (IGL) |
|
0% |
|
33.7% |
|
36.5% - 39.3% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
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: 2013-03-21
Data version: 2
Age of data: 139 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 (GHS) | GHS 32,350 |
| Portfolio (USD) | USD 16,421.32 |
| Active Clients with Loans | 10 |
| Approximate % Female Clients | 0 |
| Approximate % Urban Clients | 0 |
Description
Designed for individually registered businesses, for the provision of working capital or puchase of fixed assets. Intended for value-add purposes, not retailing activities.
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 | x |
| Other | Must be an adult. |
| Other (2) | Must have bank account with provided financial statements. |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 6 |
| # Regions for this product | N/A |
| Regions Active | |
