Please note that the information you are viewing is
142 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: 2013-05-31
Data version: 2
Age of data: 142 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 (KES) | KES 10,663,461.57 |
| Portfolio (USD) | USD 128,785.77 |
| Active Clients with Loans | 20 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 80% - 100% |
Description
Designed for clients requiring higher loan amounts to finance their businesses.
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| 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 | 4 |
| # Regions for this product | N/A |
| Regions Active | |
Please note that the information you are viewing is
173 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: 173 months
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.asomi.co.in/ |
| Year established | 2008 |
| Head of Institution | Subhrajyoti Bharali |
| Regions active | |
| # Branches | 50 |
| Total Portfolio (nat'l) | INR 251,500,000 |
| Total Portfolio (USD) | USD 4,745,283.02 |
| Active clients with loans | 50,326 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
1,301 Borrowers
USD 241,509.43 Portfolio
Active Product
49,025 Borrowers
USD 4,501,886.79 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Entrepreneurship Development Loan |
|
INR 25,000 - 50,000 |
|
10 - 12 |
|
0% - 20% |
|
0% - 20% |
|
Business |
|
Women, Men, Have business |
|
Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
| SHG Loan |
|
INR 5,000 - 25,000 |
|
12 |
|
60% - 80% |
|
0% - 20% |
|
Business |
|
Women |
|
Group Mtgs, Tech Asst Visits, Business Training |
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 |
| Entrepreneurship Development Loan |
|
0% |
|
33% |
|
45.6% |
|
|
|
|
|
|
|
N/A |
| SHG Loan |
|
0% |
|
28.8% - 29.2% |
|
39.4% - 40.7% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Entrepreneurship Development Loan |
|
16.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
15.0% upfront |
|
33% |
|
45.6% |
|
35 |
| SHG Loan |
|
15.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
15.0% upfront |
|
28.8% - 29.2% |
|
39.4% - 40.7% |
|
37 |
