| Outstanding portfolio (RWF) | RWF 59,038,751 |
| Portfolio (USD) | USD 93,712 |
| Active Clients with Loans | 28 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | N/A |
| Website address | http://www.equitas.in/ |
| Year established | 2007 |
| Head of Institution | PN Vasudevan |
| Regions active | 0 |
| # Branches | 276 |
| Total Portfolio (nat'l) | INR 9,568,069,000 |
| Total Portfolio (USD) | USD 212,623,755.60 |
| Active clients with loans | 1,395,978 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | MFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | INR 3,000 - 3,000 | 6 - 9 | 80% - 100% | 80% - 100% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Primary Loans | INR 10,100 - 12,000 | 24 | 80% - 100% | 80% - 100% | Business | Women, Have business, either client runs business or husband runs business and the client has an active role | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Third Cycle Loan | INR 10,100 - 15,000 | 24 | 80% - 100% | 0% | Business | Women, Have business | Credit Educ, Group Mtgs |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | 0% | 24.5% - 25.9% | 25.3% - 27% | N/A | ||||||||||
| Primary Loans | 0% | 25.9% - 26.8% | 26.7% - 27.4% | N/A | ||||||||||
| Third Cycle Loan | 0% | 26.6% | 28.3% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | 25.3%-26.3% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 24.5% - 25.9% | 25.3% - 27% | 96 | ||||||||
| Primary Loans | 25.5% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 25.9% - 26.8% | 26.7% - 27.4% | 94 | ||||||||
| Third Cycle Loan | 25.4% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 26.6% | 28.3% | 90 |
| 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 |
|---|---|---|---|---|---|---|---|
