Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.swadhaar.com/ |
Year established | 2008 |
Head of Institution | Veena Mankar |
Regions active | Gujarat, Maharashtra |
# Branches | 30 |
Total Portfolio (nat'l) | INR 909,845,169 |
Total Portfolio (USD) | USD 17,166,889.98 |
Active clients with loans | 92,891 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 100% |
Network affiliations |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.asp-i.org/asp-i/ |
Year established | 2003 |
Head of Institution | Moses O.T Owharo |
Regions active | Greater Accra Region, Volta Region |
# Branches | 0 |
Total Portfolio (nat'l) | GHS 174,550 |
Total Portfolio (USD) | USD 88,604.06 |
Active clients with loans | 845 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | GHAMFIN, ASSFIN, Coalition of NGOs in Health, Microcredit summit campaign, USA |
Funders | USAID, UBA, Zenith Bank, Ghana Commercial Bank |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swahit - Individual Loan with Joint Liability | INR 8,000 - 34,000 | 24 | 100% | 100% | Business | Women, Have business, Specific age group, Med HH Inc, Urban HH | Credit Educ, Credit Ins | |||||||
Swayog - Individual Business Loan | INR 8,000 - 75,000 | 3 - 12 | 0% - 20% | 100% | Business | Women, Men, Have business, Specific age group, Urban HH, The client must be the owner of the business. | Credit Ins | |||||||
Top Up Loan | INR 2,000 - 5,000 | 12 | 100% | 100% | Business | Women, Have business, Specific age group, Med HH Inc, Urban HH | Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | GHS 400 - 15,000 | 4 - 24 | 40% - 60% | 0% - 20% | Business, Used for agricultural purposes | Women, Men, Have business, Must own a farm or animals, fish, etc. | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health Education, Technology Management | |||||||
Individual Loan | GHS 100 - 3,000 | 3 - 12 | 60% - 80% | 40% - 60% | Business, Consumer, Education | Women, Men, Have business, Salaried worker, Must provide a guarantor | Credit Educ, Tech Asst Visits, Business Training, Health Education | |||||||
SME Loan | GHS 1,500 - 5,000 | 4 - 8 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business, Must be a graduate from a small group loan, Must provide guarantor | Credit Educ, Tech Asst Visits, Business Training | |||||||
Petty Traders Loan (PTL) | GHS 50 - 2,000 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swahit - Individual Loan with Joint Liability | 25.8% | 26.8% - 26.9% | 27.9% - 28% | Yes | Yes | Yes | 100 | |||||||
Swayog - Individual Business Loan | 28.1% - 29.9% | 31.5% - 35% | 32.8% - 37% | Yes | Yes | Yes | 100 | |||||||
Top Up Loan | 26% - 26.2% | 27.8% - 28.1% | 28.8% - 29.2% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swahit - Individual Loan with Joint Liability | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.8% - 26.9% | 27.9% - 28% | 93 | ||||||||
Swayog - Individual Business Loan | 30.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 31.5% - 35% | 32.8% - 37% | 85 | ||||||||
Top Up Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.8% - 28.1% | 28.8% - 29.2% | 89 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 48.00% annual, Flat | 1 Fee | 0 Ins | None | 15.00%-30.00% upfront | 93% - 112.1% | 137.1% - 163.9% | 32 | ||||||||
Individual Loan | 48.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 118.9% - 159.8% | 174.6% - 205.5% | 25 | ||||||||
SME Loan | 48.00% annual, Flat | 1 Fee | 0 Ins | None | 15.00%-20.00% upfront | 107.9% - 136% | 157.9% - 182.6% | 28 | ||||||||
Petty Traders Loan (PTL) | 48.00% annual, Flat | 1 Fee | 0 Ins | None | 20.00% upfront | 118.9% - 125.8% | 174.6% - 183.6% | 26 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swahit - Individual Loan with Joint Liability | 25.8% | 26.8% - 26.9% | 27.9% - 28% | Yes | Yes | Yes | 100 | |||||||
Swayog - Individual Business Loan | 28.1% - 29.9% | 31.5% - 35% | 32.8% - 37% | Yes | Yes | Yes | 100 | |||||||
Top Up Loan | 26% - 26.2% | 27.8% - 28.1% | 28.8% - 29.2% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Swahit - Individual Loan with Joint Liability | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26.8% - 26.9% | 27.9% - 28% | 93 | ||||||||
Swayog - Individual Business Loan | 30.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 31.5% - 35% | 32.8% - 37% | 85 | ||||||||
Top Up Loan | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 27.8% - 28.1% | 28.8% - 29.2% | 89 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 15.00%-30.00% upfront | 93% - 112.1% | 137.1% - 163.9% | 32 | ||||||||
Individual Loan | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.00% upfront | 118.9% - 159.8% | 174.6% - 205.5% | 25 | ||||||||
SME Loan | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 15.00%-20.00% upfront | 107.9% - 136% | 157.9% - 182.6% | 28 | ||||||||
Petty Traders Loan (PTL) | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.00% upfront | 118.9% - 125.8% | 174.6% - 183.6% | 26 |
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