Please note that the information you are viewing is
168 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-25
Data version: 1
Age of data: 168 months
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1995 |
Head of Institution | Alok Jain |
Regions active | |
# Branches | 1 |
Total Portfolio (nat'l) | INR 8,922,941 |
Total Portfolio (USD) | USD 168,357.38 |
Active clients with loans | 1,650 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
1,650 Borrowers
USD 168,357.38 Portfolio
Active Product
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
Long Term Loan for Entrepreneurship |
|
INR 4,000 - 12,000 |
|
11.5 |
|
80% - 100% |
|
40% - 60% |
|
Business |
|
Women, Have business |
|
Group Mtgs, Credit Ins |
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 |
Long Term Loan for Entrepreneurship |
|
0 |
|
39.6% - 40% |
|
41.8% - 44.7% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
Long Term Loan for Entrepreneurship |
|
18.0% annual, Flat |
|
0 Fees |
|
0 |
|
None |
|
N/A |
|
39.6% - 40% |
|
41.8% - 44.7% |
|
41 |
Please note that the information you are viewing is
111 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2015-04-15
Data version: 2
Age of data: 111 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
Outstanding portfolio (PKR) | PKR 15,655,783 |
Portfolio (USD) | USD 153,739.79 |
Active Clients with Loans | 759 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 100% |
Description
This financing facility offers low cost local brands (Chinesse Technology) to South region customers. Whereas, in North only Honda Atlas motorbikes are being financed.
Loan Purpose
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | x |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Eligibility
Men | x |
Women | |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 5 |
# Regions for this product | N/A |
Regions Active | |