Institution Type | Credit Union / Cooperative |
Is this institution regulated? | No |
Website address | N/A |
Year established | 2008 |
Head of Institution | Luis Aníbal Tatés Fernández |
Regions active | Carchi |
# Branches | 2 |
Total Portfolio (nat'l) | USD 908,092.58 |
Total Portfolio (USD) | USD 908,092.58 |
Active clients with loans | 727 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Red Financiera Rural, Unión Católica de Apoyo al Desarrollo |
Funders |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.fusionmicrofinance.com/ |
Year established | 2010 |
Head of Institution | Devesh Sachdev |
Regions active | Madhya Pradesh |
# Branches | 21 |
Total Portfolio (nat'l) | INR 520,483,112 |
Total Portfolio (USD) | USD 9,820,436.08 |
Active clients with loans | 66,806 |
Approximate % female clients | 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | MFIN |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito EDàCATE | USD 100 - 3,030 | 6 - 30 | 80% - 100% | 60% - 80% | Consumer, Education | Women, Men, Salaried worker, Estudiantes con relación de dependencia. | N/A | |||||||
Crédito PRODUCIR | USD 200 - 3,030 | 4 - 36 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Tech Asst Visits, Business Training, Other Training, Formación y capacitación en diversos temas |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | INR 12,000 - 15,000 | 17 | 100% | 0% - 20% | Business, Agriculture | Women, Have home or land, Specific age group, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins | |||||||
IGL 16K-30k | INR 16,000 - 30,000 | 24 | 100% | 0% - 20% | Business, Agriculture | Women, Have home or land, Specific age group, 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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito EDàCATE | 15.2% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 15.7% - 16.2% | 16.7% - 17.2% | 89 | ||||||||
Crédito PRODUCIR | 18.8% annual, Decl Bal | 0 Fees | 1 Ins | None | 12.5% upfront | 18.8% - 20% | 22.3% - 26.4% | 76 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 28% - 28.4% | 29.5% - 30% | 31.5% - 32% | Yes | Yes | Yes | 100 | |||||||
IGL 16K-30k | 28% - 28.5% | 29.1% - 29.6% | 30.6% - 31.1% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 29.5% - 30% | 31.5% - 32% | 82 | ||||||||
IGL 16K-30k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.6% - 31.1% | 84 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédito EDàCATE | 15.2% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | N/A | 15.7% - 16.2% | 16.7% - 17.2% | 89 | ||||||||
Crédito PRODUCIR | 18.8% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 12.5% upfront | 18.8% - 20% | 22.3% - 26.4% | 76 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 28% - 28.4% | 29.5% - 30% | 31.5% - 32% | Yes | Yes | Yes | 100 | |||||||
IGL 16K-30k | 28% - 28.5% | 29.1% - 29.6% | 30.6% - 31.1% | Yes | Yes | Yes | 99 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGL 12K-15k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 29.5% - 30% | 31.5% - 32% | 82 | ||||||||
IGL 16K-30k | 26.0%-28.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 29.1% - 29.6% | 30.6% - 31.1% | 84 |
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Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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