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: 2013-06-25
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 7,165,239.08 |
| Portfolio (USD) | USD 86,536.70 |
| Active Clients with Loans | 37 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 40% - 60% |
Description
Targets clients who have graduated from group loans and have viable enterprises.
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 | x |
| 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 | |
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: 2013-01-09
Data version: 3
Age of data: 142 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.sonataindia.com/ |
| Year established | 2006 |
| Head of Institution | Anup Kumar Singh |
| Regions active | Haryana, Madhya Pradesh |
| # Branches | 108 |
| Total Portfolio (nat'l) | INR 1,204,379,246 |
| Total Portfolio (USD) | USD 22,724,136.72 |
| Active clients with loans | 158,243 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Sa-Dhan, SAMN, MFIN, ACTED |
152,607 Borrowers
USD 21,114,947.77 Portfolio
Active Product
3,843 Borrowers
USD 1,555,442.60 Portfolio
Active Product
1,793 Borrowers
USD 53,746.34 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Income Generating Loan |
|
INR 7,200 - 19,650 |
|
12.2 - 23.33 |
|
100% |
|
0% - 20% |
|
Business |
|
Women, Low HH Inc, Med HH Inc |
|
Credit Educ, Group Mtgs, Credit Ins |
| Individual Loan |
|
INR 20,000 - 50,000 |
|
12 - 24 |
|
100% |
|
0% |
|
Business |
|
Women, Have business |
|
Credit Educ, Credit Ins |
| Utility Finance |
|
INR 1,000 - 6,770 |
|
3.55 - 8.88 |
|
100% |
|
20% - 40% |
|
Any Purpose |
|
Women |
|
Credit Educ, Group Mtgs, Other 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 |
| Income Generating Loan |
|
25% - 25.4% |
|
26.2% - 26.6% |
|
27.5% - 28.8% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
| Individual Loan |
|
25.6% - 26.1% |
|
26.5% - 27% |
|
27.5% - 28.1% |
|
Yes |
|
Yes |
|
Yes |
|
100 |
| Utility Finance |
|
23% - 26.2% |
|
25.6% - 30.2% |
|
26% - 30.7% |
|
Yes |
|
Yes |
|
NA |
|
92 |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Income Generating Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
26.2% - 26.6% |
|
27.5% - 28.8% |
|
92 |
| Individual Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
26.5% - 27% |
|
27.5% - 28.1% |
|
93 |
| Utility Finance |
|
23.1%-26.0% annual, Decl Bal |
|
1 Fee |
|
0 Ins |
|
None |
|
N/A |
|
25.6% - 30.2% |
|
26% - 30.7% |
|
80 |
