| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.eclof.org/ |
| Year established | 1993 |
| Head of Institution | Anthony Moonga |
| Regions active | |
| # Branches | 0 |
| Total Portfolio (nat'l) | ZMK 568,000,000 |
| Total Portfolio (USD) | USD 109,758.45 |
| Active clients with loans | 462 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | AMIZ, Eclof International |
| Funders |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.smileltd.org |
| Year established | 1995 |
| Head of Institution | Mr. M. Sathiyamoorthi |
| Regions active | Tamil Nadu, Puducherry |
| # Branches | 151 |
| Total Portfolio (nat'l) | INR 3,017,141,968 |
| Total Portfolio (USD) | USD 56,927,206.94 |
| Active clients with loans | 360,271 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Sa-Dhan, MFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Solidarity Group Loan | ZMK 300,000 - 2,000,000 | 3 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Group Mtgs, Tech Asst Visits, Business Training, Other Training | |||||||
| Individual Loan | ZMK 4,500,000 - 7,000,000 | 3 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Other Training | |||||||
| Salary Guaranteed Loan | ZMK 1,500,000 - 10,000,000 | 1 - 12 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Group Mtgs, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | INR 5,000 - 30,000 | 6 - 24 | 100% | 40% - 60% | Business | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH | Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Solidarity Group Loan | 60.0% annual, Flat | 2 Fees | 2 Ins | None | 25.0% upfront | 140.2% - 201.6% | 255.1% - 387.6% | 20 | ||||||||
| Individual Loan | 60.0% annual, Flat | 2 Fees | 2 Ins | None | 25.0% upfront | 110.8% - 119.4% | 180.1% - 205.1% | 30 | ||||||||
| Salary Guaranteed Loan | 96.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 170.9% - 177.7% | 176% - 187.3% | 53 |
| 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 Loan (IGP) | 25.2% - 26% | 26.8% - 27.9% | 28.7% - 30.9% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.8% - 27.9% | 28.7% - 30.9% | 88 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Solidarity Group Loan | 60.0% annual, Flat | 2 Fees | 2 Ins Ins | None | 25.0% upfront | 140.2% - 201.6% | 255.1% - 387.6% | 20 | ||||||||
| Individual Loan | 60.0% annual, Flat | 2 Fees | 2 Ins Ins | None | 25.0% upfront | 110.8% - 119.4% | 180.1% - 205.1% | 30 | ||||||||
| Salary Guaranteed Loan | 96.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 170.9% - 177.7% | 176% - 187.3% | 53 |
| 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 Loan (IGP) | 25.2% - 26% | 26.8% - 27.9% | 28.7% - 30.9% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26.8% - 27.9% | 28.7% - 30.9% | 88 |
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