| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.adhikarindia.in |
| Year established | 1998 |
| Head of Institution | Mr. Mohammad Nooruddin Amin |
| Regions active | Gujarat, Orissa |
| # Branches | 45 |
| Total Portfolio (nat'l) | INR 141,753,084 |
| Total Portfolio (USD) | USD 2,674,586.49 |
| Active clients with loans | 35,358 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Sa-Dhan, MFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | INR 7,000 - 15,000 | 12 | 100% | 20% - 40% | Business | Women, Specific age group, Low HH Inc, Med HH Inc | Group Mtgs, Credit Ins, 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 26% | 28% | 29.3% | Yes | Yes | Yes | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 28% | 29.3% | 89 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AccessBank | 82,400 | 199,224,000 | 4 | 176 |
| Bank of Baku | 59,500 | 123,214,000 | 4 | 176 |
| DemirBank | 14,100 | 25,597,000 | 2 | 120 |
| FINCA | 154,600 | 233,358,000 | 12 | 120 |
| Parabank | 10,300 | 37,235,000 | 3 | 176 |
| Turanbank | 2,600 | 326,000 | 5 | 176 |
| Unibank | 800 | 64,000 | 1 | 176 |
| Viator | 19,500 | 20,468,000 | 8 | 119 |
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