Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | http://www.sharemicrofin.com/ |
Year established | 2000 |
Head of Institution | Mr. M. Udaia Kumar |
Regions active | 0 |
# Branches | 990 |
Total Portfolio (nat'l) | INR 22,076,816,363 |
Total Portfolio (USD) | USD 490,595,919.20 |
Active clients with loans | 2,807,147 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Sa-Dhan, MFIN, WWB, Alpha |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Joint Liability Group Loan | INR 2,000 - 25,000 | 12 | 80% - 100% | 0% - 20% | Business, only for Income Generating Activities | Women, Have business, Have home or land, Qualify for a test on Financial education , Training provided on Financial education | Credit Educ, Group Mtgs, Tech Asst Visits | |||||||
Micro Enterprise Loan | INR 15,000 - 300,000 | 6 - 24 | 80% - 100% | 0% - 20% | Business | Women, Have business, Have home or land | ||||||||
Personal Loans | INR 9,000 - 99,000 | 6 - 24 | 20% - 40% | 20% - 40% | Any Purpose | Women, Men, Have home or land, Salaried worker |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Joint Liability Group Loan | 34.8% | 34.8% | 35.9% | 100 | ||||||||||
Micro Enterprise Loan | 0% | 27.4% - 33.7% | 28.4% - 35% | N/A | ||||||||||
Personal Loans | 0% | 28.1% - 30% | 28.9% - 30.8% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Joint Liability Group Loan | 19.8%-24.6% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 34.8% | 35.9% | 55 | ||||||||
Micro Enterprise Loan | 24.9% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 27.4% - 33.7% | 28.4% - 35% | 80 | ||||||||
Personal Loans | 24.9% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 28.1% - 30% | 28.9% - 30.8% | 83 |
Outstanding portfolio (KES) | KES 1,184,478.09 |
Portfolio (USD) | USD 14,305.29 |
Active Clients with Loans | 21 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 20% - 40% |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | x |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
Key Statistics | |
---|---|
# Samples: | |
# Products | |
# 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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
---|---|---|---|---|---|---|---|