2. Suryoday
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

Suryoday Micro Finance Pvt Ltd 1101 Sharda TerracesPlot 65 Sector 11 CBD BelapurNavi Mumbai, Maharashtra400614
Data approved: 2013-01-22
Data version: 3
Age of data: 139 months
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.suryodaymf.com/
Year established2008
Head of InstitutionR Baskar Babu
Regions activeGujarat, Karnataka, Maharashtra, Orissa, Tamil Nadu
# Branches34

Total Portfolio (nat'l)INR 1,118,427,664
Total Portfolio (USD)USD 21,102,408.75
Active clients with loans139,423
Approximate % female clients100%
Approximate % urban clients80% - 100%
Network affiliations

Loan Products » Summary

IG02
71,053 Borrowers
USD 13,144,361.92 Portfolio
Active Product
IGF02
5,850 Borrowers
USD 985,881.32 Portfolio
Active Product
IM18
1,730 Borrowers
USD 583,060.68 Portfolio
Active Product
IG01
Retired Product
IGF01
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
IG02 INR 15,000 - 15,000 18 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
IGF02 INR 15,000 - 15,000 16.5 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
IM18 INR 18,000 - 18,000 24 80% - 100% 80% - 100% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins, Business Training, 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
IG02 25.2% - 25.8% 26.5% - 27.1% 29% - 29.7% Yes Yes Yes 100
IGF02 25.8% - 26% 27.3% - 27.5% 30.1% - 30.3% Yes Yes Yes 100
IM18 26.3% - 26.8% 27.3% - 27.9% 29.5% - 30.2% Yes Yes Yes 100
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
IG02 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26.5% - 27.1% 29% - 29.7% 88
IGF02 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 27.5% 30.1% - 30.3% 86
IM18 27.0% annual, Decl Bal 1 Fee 0 Ins 12.36% fees N/A 27.3% - 27.9% 29.5% - 30.2% 90
Institution Price Graph
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  2. Katipunan Bank
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Katipunan Bank (ZN), Inc Quezon Ave. cor. Aguilar St.MiputakDipolog City, Zamboanga del Norte/Region IX7100
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Product

ASENSO Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 75,062,850
Portfolio (USD)USD 1,795,761.96
Active Clients with Loans5,719
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherMABS Approach
Description
An Asenso Loan is an individual microfinance loan product for microenterprises to help them expand their present business activities and increase their income.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business trainingx
Other trainingx
OtherTie-up with other agencies (DTI, TESDA) for trainings
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other18-65 years old
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 10,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest2.50%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionNotarial Fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min100
Fixed amount - max100
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
Fee 1
DescriptionService Charge
% of loan amount - min3.00%
% of loan amount - max4.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation4% if above 18 days
Appears on Repayment Sched?No
Upfront Insurance Fees
Ins 1
DescriptionLoan Redemption Plan
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMBA (Microinsurance)
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount depositedPHP 100
Deposits DURING period payments
% loan amount deposited10.00%
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyQuarterly
Taxes
Are taxes charged on this product?No
Additional Comments
Credit Insurance is 1.5% per annum; TAXES: Documentary Stamps - Above 5, loan amount only - (Loan Amount less 5,)/2;

Full Pricing Data

ASENSO Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountPHP 15,000PHP 30,000PHP 60,000PHP 100,000PHP 120,000
Loan Cycle (1, 2, 3, etc)4Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-04-202010-11-302011-07-062011-01-202010-12-15
Loan Term (Months)5.6 months8.4 months11.2 months4.7 months11.2 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component74.4%71.0%66.3%68.4%66.1%
Insurance Component18.9%10.7%6.5%9.0%5.1%
Tax Component0.0%0.0%0.2%1.2%0.7%
Deposit Component10.2%8.6%7.5%7.0%7.3%
Full APR (int fee ins tax dep)103.5%90.3%80.5%85.6%79.2%
Transparency Index2933373538
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
ASENSO Loan Price Graphs


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