| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.microafricagroup.com/ |
| Year established | 2004 |
| Head of Institution | Anthony Nderitu |
| Regions active | 0 |
| # Branches | 4 |
| Total Portfolio (nat'l) | RWF 1,255,802,510 |
| Total Portfolio (USD) | USD 2,128,478.83 |
| Active clients with loans | 2,858 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Association of Microfinance Institutions in Rwanda |
| Funders | Micro africa Ltd, Ezra Bunyenyezi |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.belstar.in |
| Year established | 2009 |
| Head of Institution | Dr.Kalpana sankar |
| Regions active | Madhya Pradesh, Tamil Nadu, Puducherry |
| # Branches | 64 |
| Total Portfolio (nat'l) | INR 1,269,117,806 |
| Total Portfolio (USD) | USD 23,945,618.98 |
| Active clients with loans | 123,092 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Microfinance Institutions Network - MFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | RWF 30,000 - 500,000 | 3 - 12 | 40% - 60% | 40% - 60% | ||||||||||
| Salary Loan | RWF 100,000 - 5,000,000 | 3 - 15 | 40% - 60% | 80% - 100% | ||||||||||
| SME Loan | RWF 1,000,000 - 7,500,000 | 3 - 15 | 40% - 60% | 60% - 80% |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | INR 12,000 - 30,000 | 13 - 25 | 100% | 0% - 20% | Business, Agriculture | Women, Specific age group, Low HH Inc, Med HH Inc, Must be a Member of an SHG, Must be in the age group of 18 to 60 years. | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Educational Loan | INR 11,000 - 11,000 | 12 | 100% | 0% - 20% | Education | Women, Specific age group, Low HH Inc, Med HH Inc | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | 58.4% - 61.4% | 92.1% - 99.6% | |||||||||||
| Salary Loan | 48.00%-60.00% annual, Decl Bal | 2 Fees | 1 Ins | N/A | 55% - 71.5% | 58.3% - 77.5% | ||||||||||
| SME Loan | 48.00%-60.00% annual, Decl Bal | 1 Fee | 1 Ins | 56% - 74.6% | 87.8% - 118.1% |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 24.7% - 26.4% | 25.7% - 28% | 26.7% - 29% | 100 | ||||||||||
| Educational Loan | 24.7% | 26.5% | 28% | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 25.7% - 28% | 26.7% - 29% | 91 | ||||||||
| Educational Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.5% | 28% | 89 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | 58.4% - 61.4% | 92.1% - 99.6% | |||||||||||
| Salary Loan | 48.00%-60.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | N/A | 55% - 71.5% | 58.3% - 77.5% | ||||||||||
| SME Loan | 48.00%-60.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | 56% - 74.6% | 87.8% - 118.1% |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 24.7% - 26.4% | 25.7% - 28% | 26.7% - 29% | 100 | ||||||||||
| Educational Loan | 24.7% | 26.5% | 28% | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Enterprise Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 25.7% - 28% | 26.7% - 29% | 91 | ||||||||
| Educational Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26.5% | 28% | 89 |
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| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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