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Institution

IMF Inkingi Head OfficeKigaliPO Box 2977
Data approved: 2011-09-16
Data version: 1
Age of data: 165 months

Institution

Future Financial Servicess Ltd. #17/1, GRA Tower, Ambalipura Main RoadOff. Sarjapur Road, Agara PostBangalore, Karnataka560 103
Data approved: 2012-06-08
Data version: 2
Age of data: -   months 

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionBernadette Mukamisha
Regions activeBugesera, Gasabo, Gisagara, Huye, KamonyiKayonza, Kicukiro, Kirehe, Muhanga, Nyanza, Nyarugenge
# Branches19

Total Portfolio (nat'l)RWF 1,659,754,210
Total Portfolio (USD)USD 2,593,365.95
Active clients with loans2,648
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsAMIR
FundersBNR, AMIR, AQUADEV

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?Yes
Website addresshttp://www.ffslmfi.com/
Year established2007
Head of InstitutionG. Dashratha Reddy
Regions active0
# Branches110

Total Portfolio (nat'l)INR 1,783,129,397
Total Portfolio (USD)USD 39,625,097.71
Active clients with loans205,173
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliationsMFIN, Sa-Dhan

Loan Products » Summary

416 Borrowers
USD 176,499.97 Portfolio
1,039 Borrowers
USD 1,646,446.42 Portfolio
195 Borrowers
USD 410,149.12 Portfolio
825 Borrowers
USD 231,209.70 Portfolio
119 Borrowers
USD 129,059.98 Portfolio

Loan Products » Summary

2,615 Borrowers
USD 493,644 Portfolio
20,684 Borrowers
USD 1,927,771 Portfolio
159,569 Borrowers
USD 32,743,928 Portfolio
45,604 Borrowers
USD 6,881,170 Portfolio

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture/Elevage Loan RWF 50,000 - 7,500,000 1 - 12 20% - 40% 20% - 40% Business Women, Men Tech Asst Visits, Business Training, Other Training, Epargne-credit
Commerce Loan RWF 1,000,000 - 7,500,000 1 - 12 0% - 20% 60% - 80% Business, Consumer, Other Women, Men
Construction Maison / Rehabilitation Loan RWF 50,000 - 7,500,000 1 - 12 0% - 20% 20% - 40% Housing Women, Men
Credit Divers RWF 10,000 - 7,500,000 1 - 12 0% - 20% 40% - 60% Any Purpose Women, Men
Transport Loan RWF 50,000 - 7,500,000 3 - 12 0% - 20% 20% - 40% Business, Housing Women, Men

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Daily Loan INR 6,000 - 20,000 3.3 - 4.6 0% - 20% 80% - 100% Business Women, Men, Must be the family member of weekly borrower, Age between 18 to 55 Years Credit Educ, Group Mtgs, Credit Ins
Midterm Loan INR 8,000 - 8,000 10 80% - 100% 80% - 100% Business Women, Must be a weekly Loan borrower, age between 18 to 55 years Credit Educ, Group Mtgs, Credit Ins
Monthly Loan INR 6,000 - 35,000 12 - 24 80% - 100% 0% - 20% Business Women, Age between 18 to 58 years Group Mtgs, Credit Ins, Other Training
Weekly Loan INR 6,000 - 15,000 12 80% - 100% 80% - 100% Business Women, Must be between 18-58 years Group Mtgs, Credit Ins, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture/Elevage Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 11.9% - 88.5% 14.6% - 104.9% 50
Commerce Loan 48.00%-60.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 86.5% - 105.7% 101.9% - 123.8% 42
Construction Maison / Rehabilitation Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 86.2% - 102.2% 101.5% - 119.5% 22
Credit Divers 36.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 48.6% - 102.4% 53.6% - 102.4% 46
Transport Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins None 10.00% upfront 84.1% - 89.1% 98.9% - 105.6% 23

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
Daily Loan 0% 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 0% 24.5% 30.2% N/A
Monthly Loan 24.5% 24.5% - 28.7% 29.9% - 31.4% 100
Weekly Loan 0% 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Daily Loan 12.8% annual, Flat 1 Fee 0 Ins None 500.00 upfront 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 12.0% annual, Flat 2 Fees 0 Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins None N/A 24.5% - 28.7% 29.9% - 31.4% 84
Weekly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins None N/A 27.3% - 28.3% 31.4% - 34.8% 81

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture/Elevage Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 11.9% - 88.5% 14.6% - 104.9% 50
Commerce Loan 48.00%-60.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 86.5% - 105.7% 101.9% - 123.8% 42
Construction Maison / Rehabilitation Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 86.2% - 102.2% 101.5% - 119.5% 22
Credit Divers 36.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 48.6% - 102.4% 53.6% - 102.4% 46
Transport Loan 24.00%-36.00% annual, Flat 2 Fees 0 Ins Ins None 10.00% upfront 84.1% - 89.1% 98.9% - 105.6% 23

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
Daily Loan 0% 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 0% 24.5% 30.2% N/A
Monthly Loan 24.5% 24.5% - 28.7% 29.9% - 31.4% 100
Weekly Loan 0% 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Daily Loan 12.8% annual, Flat 1 Fee 0 Ins Ins None 500.00 upfront 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 12.0% annual, Flat 2 Fees 0 Ins Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 24.5% - 28.7% 29.9% - 31.4% 84
Weekly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 27.3% - 28.3% 31.4% - 34.8% 81
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeAnyBusinessHousingMultipleLoan PurposeInkingiInstitutionRW-008-V01-P01RW-008-V01-P02RW-008-V01-P03RW-008-V01-P04RW-008-V01-P05ProductRWCountry2011YearRange Number1Institution Data Version01,000,0002,000,0003,000,0004,000,0005,000,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 30010010Number of Borrowers
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeBusinessLoan PurposeFFSLInstitutionIN-027-V02-P01IN-027-V02-P02IN-027-V02-P03IN-027-V02-P04ProductINCountry2012YearRange Number2Institution Data Version05,00010,00015,00020,00025,00030,000Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 39,00029,00019,0009,9001,100Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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Key Statistics
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Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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