| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | P.V. Ravikumar |
| Regions active | |
| # Branches | 8 |
| Total Portfolio (nat'l) | INR 315,140,153 |
| Total Portfolio (USD) | USD 5,946,040.62 |
| Active clients with loans | 36,543 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.kadet.co.ke/ |
| Year established | 2001 |
| Head of Institution | Fidel Okillah |
| Regions active | Central, Coast, Eastern, Nairobi, Nyanza, Rift Valley, Western |
| # Branches | 39 |
| Total Portfolio (nat'l) | KES 447,325,485 |
| Total Portfolio (USD) | USD 5,402,481.70 |
| Active clients with loans | 12,923 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | INR 5,000 - 50,000 | 12 - 60 | 80% - 100% | 20% - 40% | Any Purpose | Women | Group Mtgs, Credit Ins, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | KES 5,000 - 1,000,000 | 3 - 24 | 40% - 60% | 60% - 80% | Agriculture | Women, Men | Credit Ins, Tech Asst Visits | |||||||
| Business Loan | KES 3,000 - 3,000,000 | 3 - 24 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
| School Fees Loan | KES 5,000 - 150,000 | 3 - 12 | 60% - 80% | 40% - 60% | Education | Women, Men | Credit Ins | |||||||
| Asset Loan | KES 5,000 - 1,600,000 | 3 - 12 | 20% - 40% | 60% - 80% | Business, Consumer, Other | Women, Men | Credit Ins |
| 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 Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 25% - 26.1% | 35.3% - 40.9% | 47 | ||||||||
| Business Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 35.7% - 47.6% | 60.8% - 91.1% | 25 | ||||||||
| School Fees Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 43.3% - 46.7% | 45.8% - 51.1% | 37 | ||||||||
| Asset Loan | 18.0%-19.5% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 43.4% - 50.1% | 70.6% - 104.4% | 21 |
| 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 Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 25% - 26.1% | 35.3% - 40.9% | 47 | ||||||||
| Business Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 35.7% - 47.6% | 60.8% - 91.1% | 25 | ||||||||
| School Fees Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 43.3% - 46.7% | 45.8% - 51.1% | 37 | ||||||||
| Asset Loan | 18.0%-19.5% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 43.4% - 50.1% | 70.6% - 104.4% | 21 |
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