Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1999 |
Head of Institution | Sri G. John |
Regions active | |
# Branches | 38 |
Total Portfolio (nat'l) | INR 242,718,712 |
Total Portfolio (USD) | USD 4,579,598.34 |
Active clients with loans | 23,289 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture and Allied Business Loan | INR 5,000 - 50,000 | 12 - 20 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
Crop Loan | INR 3,000 - 25,000 | 6 - 15 | 80% - 100% | 0% - 20% | Business, Other | Women | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
Education Loan | INR 3,000 - 20,000 | 12 - 20 | 60% - 80% | 0% - 20% | Education | Women, Have home or land, Salaried worker | Group Mtgs, Credit Ins, Other Training | |||||||
Group Loan | INR 10,000 - 30,000 | 12 - 20 | 80% - 100% | 20% - 40% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins, Other Training, Livelihood and Social Awareness programs | |||||||
Housing Loan | INR 10,000 - 50,000 | 15 - 30 | 60% - 80% | 0% - 20% | Housing | Women, Salaried worker | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
Micro Enterprise Loan | INR 5,000 - 50,000 | 12 - 20 | 80% - 100% | 0% - 20% | Business | Women, Have business | Credit Educ, Group Mtgs, Other Training, Social Awareness programs |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture and Allied Business Loan | 0% | 25.6% | 32.7% - 36.1% | N/A | ||||||||||
Crop Loan | 0% | 21.5% - 21.6% | 26.6% - 28.7% | N/A | ||||||||||
Education Loan | 0% | 25.6% - 25.7% | 33.8% - 36.2% | N/A | ||||||||||
Group Loan | 0% | 25.6% - 25.7% | 32.7% - 33.8% | N/A | ||||||||||
Housing Loan | 0% | 25.6% - 25.7% | 33.2% - 36.1% | N/A | ||||||||||
Micro Enterprise Loan | 0% | 25.6% - 25.7% | 32.7% - 35.9% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture and Allied Business Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 50.00 ongoing | 25.6% | 32.7% - 36.1% | 37 | ||||||||
Crop Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 50.00 ongoing | 21.5% - 21.6% | 26.6% - 28.7% | 45 | ||||||||
Education Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 100.00 ongoing | 25.6% - 25.7% | 33.8% - 36.2% | 36 | ||||||||
Group Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 50.00 ongoing | 25.6% - 25.7% | 32.7% - 33.8% | 37 | ||||||||
Housing Loan | 9.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 100.00 ongoing | 25.6% - 25.7% | 33.2% - 36.1% | 26 | ||||||||
Micro Enterprise Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 50.00 ongoing | 25.6% - 25.7% | 32.7% - 35.9% | 37 |
Outstanding portfolio (USD) | USD 1,115 |
Portfolio (USD) | USD 1,115 |
Active Clients with Loans | 19 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Any purpose | |
Income generation | x |
Mortgage/housing | x |
Consumer loan | x |
Agriculture | |
Education | x |
Other household finance | x |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 2 |
# Regions for this product | N/A |
Regions Active |
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