Institution Type | Other |
Is this institution regulated? | No |
Website address | http://www.musoni.eu |
Year established | 2010 |
Head of Institution | James Onyutta |
Regions active | Central, Eastern, Nairobi, Nyanza, Rift Valley |
# Branches | 15 |
Total Portfolio (nat'l) | KES 495,960,483 |
Total Portfolio (USD) | USD 5,989,860.91 |
Active clients with loans | 16,077 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders | Musoni Investment, Access Africa Fund ( Managed by Microvest), KFW, Grameen Foundation |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.bandhanmf.com/ |
Year established | 2002 |
Head of Institution | Chandra Shekhar Ghosh |
Regions active | Assam, Bihar, Chhattisgarh, Gujarat, HaryanaJharkhand, Madhya Pradesh, Maharashtra, Meghalaya, Orissa, Rajasthan, Sikkim, Tripura, Uttar Pradesh, Uttarakhand, West BengalDadra and Nagar Haveli, National Capital Territory of Delhi |
# Branches | 1700 |
Total Portfolio (nat'l) | INR 35,934,903,405 |
Total Portfolio (USD) | USD 678,017,045.40 |
Active clients with loans | 4,039,061 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Sa-dhan, MFIN, Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nawiri ( Group business Loan) | KES 5,000 - 140,000 | 3 - 12 | 40% - 60% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
Tuelimike ( School Fee Loan) | KES 5,000 - 70,000 | 3 - 9 | 40% - 60% | 60% - 80% | Education | Women, Men, Have business | Group Mtgs, Business Training, Other Training | |||||||
Wepesi ( Emengency Loan | KES 5,000 - 30,000 | 1 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business | Business Training, Other Training |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suraksha Loan (Health Loan) | INR 1,000 - 10,000 | 12 | 100% | 20% - 40% | Other, It can be used only for emergency health needs. , Can NOT be used for business | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
Suchana Loan | INR 1,000 - 15,000 | 12 | 100% | 20% - 40% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
Srishti Loan | INR 16,000 - 50,000 | 24 | 100% | 20% - 40% | Business | Women, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must be 18 years to 60 years | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
Susikhsha Loan | INR 1,000 - 10,000 | 12 | 100% | 20% - 40% | Education | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have completed 1 loan cycle | Credit Educ, Group Mtgs, Other Training, Group Leadership Training, Financial Literacy & Social Awareness | |||||||
Fisheries Loan | INR 10,000 - 50,000 | 12 - 24 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH, Must have an access to waterland | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Leadership Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins | None | N/A | 93.6% | 93.6% | 96 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suraksha Loan (Health Loan) | 19.8% - 19.9% | 21.9% - 22.1% | 22.2% - 22.3% | Yes | Yes | Yes | 100 | |||||||
Suchana Loan | 21.8% - 22.9% | 23.8% - 25% | 25.1% - 26.2% | Yes | Yes | Yes | 100 | |||||||
Srishti Loan | 22.5% - 22.9% | 23.5% - 24% | 24.7% - 25.2% | Yes | Yes | Yes | 100 | |||||||
Susikhsha Loan | 19.8% - 20.1% | 21.9% - 22.3% | 22.2% - 22.5% | Yes | Yes | Yes | 100 | |||||||
Fisheries Loan | 22.7% - 23.8% | 23.7% - 25.4% | 24.7% - 26.4% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suraksha Loan (Health Loan) | 20.0% annual, Decl Bal | 1 Fee | 0 Ins | 12.36% fees | N/A | 21.9% - 22.1% | 22.2% - 22.3% | 90 | ||||||||
Suchana Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.8% - 25% | 25.1% - 26.2% | 88 | ||||||||
Srishti Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.5% - 24% | 24.7% - 25.2% | 92 | ||||||||
Susikhsha Loan | 20.0% annual, Decl Bal | 1 Fee | 0 Ins | 12.36% fees | N/A | 21.9% - 22.3% | 22.2% - 22.5% | 89 | ||||||||
Fisheries Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 23.7% - 25.4% | 24.7% - 26.4% | 90 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins Ins | None | N/A | 93.6% | 93.6% | 96 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suraksha Loan (Health Loan) | 19.8% - 19.9% | 21.9% - 22.1% | 22.2% - 22.3% | Yes | Yes | Yes | 100 | |||||||
Suchana Loan | 21.8% - 22.9% | 23.8% - 25% | 25.1% - 26.2% | Yes | Yes | Yes | 100 | |||||||
Srishti Loan | 22.5% - 22.9% | 23.5% - 24% | 24.7% - 25.2% | Yes | Yes | Yes | 100 | |||||||
Susikhsha Loan | 19.8% - 20.1% | 21.9% - 22.3% | 22.2% - 22.5% | Yes | Yes | Yes | 100 | |||||||
Fisheries Loan | 22.7% - 23.8% | 23.7% - 25.4% | 24.7% - 26.4% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Suraksha Loan (Health Loan) | 20.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | 12.36% fees | N/A | 21.9% - 22.1% | 22.2% - 22.3% | 90 | ||||||||
Suchana Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 23.8% - 25% | 25.1% - 26.2% | 88 | ||||||||
Srishti Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 23.5% - 24% | 24.7% - 25.2% | 92 | ||||||||
Susikhsha Loan | 20.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | 12.36% fees | N/A | 21.9% - 22.3% | 22.2% - 22.5% | 89 | ||||||||
Fisheries Loan | 22.9% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 23.7% - 25.4% | 24.7% - 26.4% | 90 |
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