Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.sccimicrofinance.com/ |
Year established | 1995 |
Head of Institution | Mrs. R.Girija |
Regions active | Andhra Pradesh, Karnataka, Maharashtra, Orissa, Tamil Nadu |
# Branches | 83 |
Total Portfolio (nat'l) | INR 892,862,262 |
Total Portfolio (USD) | USD 16,846,457.77 |
Active clients with loans | 121,066 |
Approximate % female clients | 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | MFIN, SA-DHAN |
Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2005 |
Head of Institution | Jean Damascene Nkurikiyinka |
Regions active | Ngororero, Nyabihu |
# Branches | 1 |
Total Portfolio (nat'l) | RWF 477,814,327 |
Total Portfolio (USD) | USD 758,435.44 |
Active clients with loans | 827 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 0% - 20% |
Network affiliations | AMIR |
Funders | AQUADEV |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortnightly Loan | INR 5,000 - 30,000 | 12 - 24 | 100% | 60% - 80% | Business, Education | Women, Have business, Low HH Inc, Med HH Inc, 3 Out of 5 members should have own house in a group, Age should be above 18 and upto 58 | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Weekly JLG | INR 5,000 - 30,000 | 12 - 24 | 100% | 80% - 100% | Business, Education | Women, Have business, Low HH Inc, Med HH Inc, 3 out of 5 members should have own house, Age should be above 18 and upto 58 | Credit Educ, Group Mtgs, Credit Ins, Business Training, Product Linkages |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinaire 30% | RWF 12,000 - 5,000,000 | 3 - 36 | 0% - 20% | 0% - 20% | Any Purpose | Women, Men | Credit Educ | |||||||
Ordinaire 18% | RWF 100,000 - 5,000,000 | 3 - 24 | 0% - 20% | 0% - 20% | Any Purpose | Women, Men, Salaried worker | Credit Educ | |||||||
Ordinaire 19% | RWF 1,000,000 - 5,000,000 | 13 - 36 | 20% - 40% | 0% - 20% | Business, Credit Agricole Avec Subvention RIF2 | Women, Men, Have business, Autrest Immobilisations | Credit Educ | |||||||
Urgence 60% | RWF 15,000 - 5,000,000 | 3 | 0% - 20% | 0% - 20% | Any Purpose | Women, Men | Credit Educ |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortnightly Loan | 26.8% - 27.3% | 29.1% - 29.6% | 30.9% - 31.5% | Yes | Yes | Yes | 93 | |||||||
Weekly JLG | 25.8% - 26.6% | 28% - 28.8% | 29.8% - 30.6% | Yes | Yes | Yes | 96 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortnightly Loan | 25.0%-26.7% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.9% - 31.5% | 80 | ||||||||
Weekly JLG | 25.0%-26.7% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 28% - 28.8% | 29.8% - 30.6% | 83 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinaire 30% | 30.00% annual, Decl Bal | 2 Fees | 1 Ins | 18.00% fees | 20.00% upfront | 19.9% - 37.1% | 45.9% - 72.1% | 53 | ||||||||
Ordinaire 18% | 18.00% annual, Decl Bal | 2 Fees | 1 Ins | 18.00% fees | N/A | 19.4% - 20.3% | 20.3% - 21.3% | 86 | ||||||||
Ordinaire 19% | 19.00% annual, Decl Bal | 2 Fees | 1 Ins | 18.00% fees | 20.00% upfront | 20% - 22.9% | 30.3% - 37.4% | 57 | ||||||||
Urgence 60% | 60.00% annual, Flat | 2 Fees | 0 Ins | 18.00% fees | N/A | 63.6% - 66.1% | 65.1% - 68% | 90 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortnightly Loan | 26.8% - 27.3% | 29.1% - 29.6% | 30.9% - 31.5% | Yes | Yes | Yes | 93 | |||||||
Weekly JLG | 25.8% - 26.6% | 28% - 28.8% | 29.8% - 30.6% | Yes | Yes | Yes | 96 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Fortnightly Loan | 25.0%-26.7% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.9% - 31.5% | 80 | ||||||||
Weekly JLG | 25.0%-26.7% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 28% - 28.8% | 29.8% - 30.6% | 83 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Ordinaire 30% | 30.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | 18.00% fees | 20.00% upfront | 19.9% - 37.1% | 45.9% - 72.1% | 53 | ||||||||
Ordinaire 18% | 18.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | 18.00% fees | N/A | 19.4% - 20.3% | 20.3% - 21.3% | 86 | ||||||||
Ordinaire 19% | 19.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | 18.00% fees | 20.00% upfront | 20% - 22.9% | 30.3% - 37.4% | 57 | ||||||||
Urgence 60% | 60.00% annual, Flat | 2 Fees | 0 Ins Ins | 18.00% fees | N/A | 63.6% - 66.1% | 65.1% - 68% | 90 |
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