Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.firstmacrobank.com/ |
Year established | 1960 |
Head of Institution | Reggie Ocampo |
Regions active | |
# Branches | 8 |
Total Portfolio (nat'l) | PhP 28,000,000 |
Total Portfolio (USD) | USD 669,856.46 |
Active clients with loans | 3,000 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | Rural Bankers Association of the Philippines, People's Credit and Finance Corporation |
Funders |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.equitasmf.in |
Year established | 2007 |
Head of Institution | PN Vasudevan |
Regions active | Gujarat, Madhya Pradesh |
# Branches | 278 |
Total Portfolio (nat'l) | INR 9,756,400,000 |
Total Portfolio (USD) | USD 184,083,018.90 |
Active clients with loans | 1,163,000 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | MFIN, Sa-Dhan, Alpha |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sikap | PHP 5,000 - 15,000 | 5.8 | 80% - 100% | 40% - 60% | Business | Women, Must have net income of > P2000 per month | Credit Educ, Group Mtgs, Tech Asst Visits, Life insurance | |||||||
Unlad | PHP 5,000 - 150,000 | 1 - 6 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Second Cycle Loan | INR 12,000 - 18,000 | 18 - 24 | 80% - 100% | 80% - 100% | Business | Women, Have business, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins | |||||||
Third Cycle Loan | INR 12,000 - 18,000 | 18 - 24 | 80% - 100% | 80% - 100% | Business | Women, Have business, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins | |||||||
First Cycle Loan | INR 12,000 - 18,000 | 18 - 24 | 80% - 100% | 80% - 100% | Business | Women, Have business, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins | |||||||
Income Generating 1 Year Loan | INR 4,999.50 - 5,000 | 12 | 80% - 100% | 80% - 100% | Business | Women, Have business, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sikap | 30.0% annual, Flat | 1 Fee | 1 Ins | 5.00% loan amt | 5.0% upfront 20.00 ongoing | 68.4% - 70.6% | 113.4% - 134.3% | 24 | ||||||||
Unlad | 24.0%-36.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 10.00% ongoing | 77.5% - 85.5% | 92.7% - 102.3% | 25 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Second Cycle Loan | 24.9% - 25.3% | 26% - 26.7% | 27.7% - 29.1% | Yes | Yes | Yes | 100 | |||||||
Third Cycle Loan | 24.9% - 25.4% | 26% - 26.5% | 27.6% - 28.2% | Yes | Yes | Yes | 100 | |||||||
First Cycle Loan | 25% - 25.3% | 26% - 26.7% | 27.7% - 29.1% | Yes | Yes | Yes | 100 | |||||||
Income Generating 1 Year Loan | 24.4% - 25.3% | 26.4% - 27.4% | 28.1% - 29.3% | Yes | Yes | Yes | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Second Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26% - 26.7% | 27.7% - 29.1% | 90 | ||||||||
Third Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26% - 26.5% | 27.6% - 28.2% | 91 | ||||||||
First Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26% - 26.7% | 27.7% - 29.1% | 90 | ||||||||
Income Generating 1 Year Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.4% - 27.4% | 28.1% - 29.3% | 89 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sikap | 30.0% annual, Flat | 1 Fee | 1 Ins Ins | 5.00% loan amt | 5.0% upfront 20.00 ongoing | 68.4% - 70.6% | 113.4% - 134.3% | 24 | ||||||||
Unlad | 24.0%-36.0% annual, Flat | 2 Fees | 1 Ins Ins | 0.50% loan amt | 10.00% ongoing | 77.5% - 85.5% | 92.7% - 102.3% | 25 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Second Cycle Loan | 24.9% - 25.3% | 26% - 26.7% | 27.7% - 29.1% | Yes | Yes | Yes | 100 | |||||||
Third Cycle Loan | 24.9% - 25.4% | 26% - 26.5% | 27.6% - 28.2% | Yes | Yes | Yes | 100 | |||||||
First Cycle Loan | 25% - 25.3% | 26% - 26.7% | 27.7% - 29.1% | Yes | Yes | Yes | 100 | |||||||
Income Generating 1 Year Loan | 24.4% - 25.3% | 26.4% - 27.4% | 28.1% - 29.3% | Yes | Yes | Yes | 100 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Second Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26% - 26.7% | 27.7% - 29.1% | 90 | ||||||||
Third Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26% - 26.5% | 27.6% - 28.2% | 91 | ||||||||
First Cycle Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26% - 26.7% | 27.7% - 29.1% | 90 | ||||||||
Income Generating 1 Year Loan | 25.5% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26.4% - 27.4% | 28.1% - 29.3% | 89 |
Key Statistics | |
---|---|
# Samples: | |
# Products | |
# Institutions | |
# Countries | |
# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
---|---|---|---|---|---|---|---|
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |