Please note that the information you are viewing is
113 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: 2015-04-16
Data version: 2
Age of data: 113 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 (PKR) | PKR 4,388,029.31 |
| Portfolio (USD) | USD 43,090.45 |
| Active Clients with Loans | 89 |
| Approximate % Female Clients | N/A |
| Approximate % Urban Clients | N/A |
Description
Advans "Sona Sarmaya EMI" is a loan from PKR 10 k to PKR 250 for a duration of 3 to 18 months (generally not more than 12 months). It can fund working capital, investment and general purpose against Gold ornaments as collateral.
Loan Purpose
| Any purpose | x |
| Income generation | |
| 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 | x |
| Other | Age bracket is 18 to 60 |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 1 |
| # Regions for this product | N/A |
| Regions Active | |
Please note that the information you are viewing is
170 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: 170 months
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2006 |
| Head of Institution | Ranjib Kumar Ghosh |
| Regions active | |
| # Branches | 6 |
| Total Portfolio (nat'l) | INR 24,841,151 |
| Total Portfolio (USD) | USD 468,700.96 |
| Active clients with loans | 6,782 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | |
6,782 Borrowers
USD 468,700.96 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 3,000 - 15,000 |
|
8.6 |
|
80% - 100% |
|
20% - 40% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins |
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 |
|
0 |
|
32.1% |
|
42.8% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Income Generating Loan |
|
11.0% annual, Flat |
|
1 Fee |
|
1 Ins |
|
None |
|
10.0% upfront |
|
32.1% |
|
42.8% |
|
26 |
