Bandhan Financial Services Private Limited - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 144 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Bandhan Financial Services Private Limited DN-32, Sector-V,Salt Lake CityKolkata, West Bengal700091

Data approved: 2011-04-11

Data version: 1

Age of data: - months

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Institution

Business Initiative and Management Assistance Services (BIMAS) 2299 EmbuKenya60100

Data approved: 2010-09-14

Data version: 1

Age of data: - months

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Institution Details

Institution Type	Private 'For-Profit'
Is this institution regulated?	N/A
Website address	http://www.bandhanmf.com/
Year established	2006
Head of Institution	Chandra Shekhar Ghosh
Regions active	0
# Branches	1550

Total Portfolio (nat'l)	INR 15,894,315,977
Total Portfolio (USD)	USD 353,207,021.70
Active clients with loans	2,513,747
Approximate % female clients	80% - 100%
Approximate % urban clients	60% - 80%
Network affiliations	Sa-dhan, MFIN (Microfinance Institutions Network), Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B

Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	N/A
Year established	1997
Head of Institution	Patrick Gathondu
Regions active	0
# Branches	5

Total Portfolio (nat'l)	KES 217,413,552
Total Portfolio (USD)	USD 2,625,767.54
Active clients with loans	11,645
Approximate % female clients	40% - 60%
Approximate % urban clients	40% - 60%
Network affiliations
Funders

Loan Products » Summary

Samriddhi Loan (Micro Small and Medium Enterprise Loan)

77 Borrowers

USD 165,144 Portfolio

Srishti Loan (Micro enterprise loan) Type1

47,007 Borrowers

USD 24,282,575 Portfolio

Srishti Loan(Micro enterprise loan) Type 2

1,364 Borrowers

USD 751,325 Portfolio

Suchana Loan (Micro Loan) Type 1

2,149,006 Borrowers

USD 283,289,362 Portfolio

Suchana Loan (Micro Loan) Type 2

316,293 Borrowers

USD 44,648,404 Portfolio

Suraksha

877 Borrowers

USD 70,211 Portfolio

Loan Products » Summary

Hitimu

256 Borrowers

USD 34,515.71 Portfolio

Imarika

242 Borrowers

USD 144,840.23 Portfolio

Mama Plus

700 Borrowers

USD 132,300.70 Portfolio

Mifugo

132 Borrowers

USD 47,793.73 Portfolio

Msingi

9,794 Borrowers

USD 2,025,178.84 Portfolio

Upesi

288 Borrowers

USD 15,867.10 Portfolio

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	INR 100,000 - 300,000	12	80% - 100%	20% - 40%	Business	Women, Men, Have business	Credit Ins
Srishti Loan (Micro enterprise loan) Type1	INR 25,000 - 50,000	10.15 - 12	80% - 100%	20% - 40%	Business	Women, Have business	Credit Ins
Srishti Loan(Micro enterprise loan) Type 2	INR 25,000 - 50,000	10.38 - 12	80% - 100%	20% - 40%	Business	Women, Have business	Credit Ins
Suchana Loan (Micro Loan) Type 1	INR 1,000 - 25,000	10.15 - 12	80% - 100%	20% - 40%	Business, ONLY used for Income generating activities	Women, Have business	Credit Ins
Suchana Loan (Micro Loan) Type 2	INR 1,000 - 25,000	10.38 - 12	80% - 100%	20% - 40%	Business, It can be used for income generating activities on	Women, Have business	Credit Ins
Suraksha Loan (Health Loan)	INR 1,000 - 5,000	11.5 - 12	80% - 100%	20% - 40%	Other, It can be used only for emergency health needs. , Can NOT be used for business	Women, This loan is extended to borrowers who have successfully completed at least one loan cycle.

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Hitimu Loan	KES 15,000 - 30,000	6 - 12	40% - 60%	40% - 60%	Business	Women, Men	Credit Educ, Group Mtgs, Credit Ins, Business Training
Imarika Loan	KES 50,000 - 2,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mama Plus Loan	KES 10,000 - 100,000	6 - 12	80% - 100%	40% - 60%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mifugo Loan	KES 50,000 - 80,000	9 - 12	40% - 60%	40% - 60%	Business, Agricultural loan	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Msingi Loan	KES 20,000 - 1,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Upesi Loan	KES 10,000 - 20,000	3 - 6	40% - 60%	40% - 60%	Business, Other	Women, Men, Have business	Credit Educ, Group Mtgs, Business Training

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	0%	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	0%	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	0%	0%	0%	N/A
Suraksha Loan (Health Loan)	0%	0%	0%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	10.0% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	10.0% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	12.5% annual, Flat	1 Fee	None	5.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	10.0% annual, Flat	1 Fee	None	10.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	12.5% annual, Flat	1 Fee	None	10.0% upfront	0%	0%	N/A
Suraksha Loan (Health Loan)	10.0% annual, Flat	0 Fees	None	N/A	0%	0%	N/A

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Hitimu Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Imarika Loan	17.0% annual, Flat	1 Fee	1 Ins	None	4,000.00 upfront 200.00 ongoing	0%	0%	N/A
Mama Plus Loan	8.0% annual, Flat	1 Fee	1 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Mifugo Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Msingi Loan	17.0% annual, Flat	0 Fees	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Upesi Loan	24.0% annual, Flat	1 Fee	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	0%	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	0%	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	0%	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	0%	0%	0%	N/A
Suraksha Loan (Health Loan)	0%	0%	0%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Samriddhi Loan (Micro Small and Medium Enterprise Loan)	10.0% annual, Flat	1 Fee	0 Ins Ins	None	5.0% upfront	0%	0%	N/A
Srishti Loan (Micro enterprise loan) Type1	10.0% annual, Flat	1 Fee	0 Ins Ins	None	5.0% upfront	0%	0%	N/A
Srishti Loan(Micro enterprise loan) Type 2	12.5% annual, Flat	1 Fee	0 Ins Ins	None	5.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 1	10.0% annual, Flat	1 Fee	0 Ins Ins	None	10.0% upfront	0%	0%	N/A
Suchana Loan (Micro Loan) Type 2	12.5% annual, Flat	1 Fee	0 Ins Ins	None	10.0% upfront	0%	0%	N/A
Suraksha Loan (Health Loan)	10.0% annual, Flat	0 Fees	0 Ins Ins	None	N/A	0%	0%	N/A

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Hitimu Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Imarika Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	4,000.00 upfront 200.00 ongoing	0%	0%	N/A
Mama Plus Loan	8.0% annual, Flat	1 Fee	1 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Mifugo Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Msingi Loan	17.0% annual, Flat	0 Fees	0 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Upesi Loan	24.0% annual, Flat	1 Fee	0 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A

Institution Price Graph

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Key Statistics
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# 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

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Institution

Institution

Institution Details

Institution Details

Loan Products » Summary

Loan Products » Summary

Loan Products » Conditions

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Institution Price Graph

Institution Price Graph

Total Borrowers of Samples

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