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 214,899.19 |
| Portfolio (USD) | USD 2,595.40 |
| Active Clients with Loans | 5 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 0% - 20% |
Description
Targeted to eligible clients who have fallen sick or have an emergency.
Loan Purpose
| Any purpose | |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | x |
| 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
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 Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.crediblemicrofinance.com/ |
| Year established | 2008 |
| Head of Institution | Mr. Khirod Chandra Malick |
| Regions active | |
| # Branches | 21 |
| Total Portfolio (nat'l) | INR 88,485,639 |
| Total Portfolio (USD) | USD 1,669,540.36 |
| Active clients with loans | 10,093 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | |
3,492 Borrowers
USD 577,660.96 Portfolio
Active Product
6,601 Borrowers
USD 1,091,879.40 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Agri-allied |
|
INR 2,500 - 20,000 |
|
8 - 15 |
|
80% - 100% |
|
0% - 20% |
|
Business, Housing |
|
Women |
|
Group Mtgs |
| Income Generation Activities |
|
INR 5,000 - 30,000 |
|
8 - 18 |
|
80% - 100% |
|
40% - 60% |
|
Business, Housing |
|
Women, Have business |
|
Credit Educ, Group Mtgs |
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 |
| Agri-allied |
|
0% |
|
24.2% - 25.1% |
|
24.2% - 25.1% |
|
|
|
|
|
|
|
N/A |
| Income Generation Activities |
|
0% |
|
23.6% - 24.2% |
|
23.6% - 24.2% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Agri-allied |
|
20.0% annual, Decl Bal |
|
2 Fees |
|
0 Ins |
|
None |
|
N/A |
|
24.2% - 25.1% |
|
24.2% - 25.1% |
|
80 |
| Income Generation Activities |
|
20.0% annual, Decl Bal |
|
2 Fees |
|
0 Ins |
|
None |
|
N/A |
|
23.6% - 24.2% |
|
23.6% - 24.2% |
|
83 |
