Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | http://www.suryodaymf.com/ |
Year established | 2008 |
Head of Institution | R BASKAR BABU |
Regions active | 0 |
# Branches | 28 |
Total Portfolio (nat'l) | INR 740,000,000 |
Total Portfolio (USD) | USD 16,444,444.44 |
Active clients with loans | 82,000 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IG01 | INR 11,000 - 11,000 | 18 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
IG02 | INR 15,000 - 15,000 | 18 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
IGF01 | INR 11,000 - 11,000 | 16.5 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
IGF02 | INR 15,000 - 15,000 | 16.5 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IG01 | 0% | 0% | 0% | N/A | ||||||||||
IG02 | 0% | 0% | 0% | N/A | ||||||||||
IGF01 | 0% | 0% | 0% | N/A | ||||||||||
IGF02 | 0% | 0% | 0% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
IG01 | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A | ||||||||
IG02 | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A | ||||||||
IGF01 | 26.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 0% | 0% | N/A | ||||||||
IGF02 | 26.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A |
Outstanding portfolio (KES) | KES 214,899.19 |
Portfolio (USD) | USD 2,595.40 |
Active Clients with Loans | 5 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 0% - 20% |
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 |
---|---|---|---|---|---|---|---|