| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1995 |
| Head of Institution | Susan Layug |
| Regions active | |
| # Branches | 14 |
| Total Portfolio (nat'l) | PhP 153,670,019 |
| Total Portfolio (USD) | USD 3,676,316.24 |
| Active clients with loans | 59,311 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | APPEND |
| Funders |
| 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 |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | PHP 10,000 - 150,000 | 6 | 0% - 20% | 0% - 20% | Business | Women, Men, Involved in palay production | Credit Ins, Formation Program, Provision of Social Services (medical mission, etc.) | |||||||
| Group Loan | PHP 5,000 - 50,000 | 6 | 80% - 100% | 80% - 100% | Business | Women, Men, Have business | Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Formation Program, Provision of Social Services (medical mission, etc.) | |||||||
| Individual Loan | PHP 10,000 - 150,000 | 6 | 80% - 100% | 80% - 100% | Business | Women, Men, Have business | Credit Ins, Business Training, Formation Program, Provision of Social Services (medical mission, etc.) |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 32.0% annual, Flat | 1 Fee | 2 Ins | None | 5.00% ongoing | 41.3% - 43.1% | 52.2% - 71.4% | 51 | ||||||||
| Group Loan | 32.0% annual, Flat | 2 Fees | 1 Ins | None | 5.0% upfront 50.00 ongoing | 83.1% | 101% - 122.1% | 29 | ||||||||
| Individual Loan | 32.0% annual, Flat | 2 Fees | 1 Ins | None | 5.0% upfront 50.00 ongoing | 81.4% - 88.1% | 93.9% - 137.1% | 29 |
| 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 |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 32.0% annual, Flat | 1 Fee | 2 Ins Ins | None | 5.00% ongoing | 41.3% - 43.1% | 52.2% - 71.4% | 51 | ||||||||
| Group Loan | 32.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 5.0% upfront 50.00 ongoing | 83.1% | 101% - 122.1% | 29 | ||||||||
| Individual Loan | 32.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 5.0% upfront 50.00 ongoing | 81.4% - 88.1% | 93.9% - 137.1% | 29 |
| 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 |
| 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 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 Ins | None | N/A | 23.6% - 24.2% | 23.6% - 24.2% | 83 |
| Key Statistics | |
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| % Products with one or more insurances | |
| % Products with compulsory deposits |
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