Trident Microfin 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

Trident Microfin Limited DNO:11-8-15,MIG-33,SHREE SAI ARCADE,1ST & 2ND FLOORS,SAROORNAGAR,HYDERABAD, ANDHRA PRADESH500035

Data approved: 2010-10-25

Data version: 1

Age of data: - months

Download Data

Analyze Data

Institution

Equity Bank P.O. Box 75104-00200Hospital Road, Equity Centre, 9th FloorNairobi

Data approved: 2013-09-23

Data version: 2

Age of data: 146 months

Download Data

Analyze Data

Institution Details

Institution Type	Private 'For-Profit'
Is this institution regulated?	N/A
Website address	http://www.tridentmicrofin.com/
Year established	2007
Head of Institution	KISHORE KUMAR PULI
Regions active	0
# Branches	60

Total Portfolio (nat'l)	INR 1,386,607,288
Total Portfolio (USD)	USD 30,813,495.29
Active clients with loans	174,873
Approximate % female clients	80% - 100%
Approximate % urban clients	40% - 60%
Network affiliations

Institution Details

Institution Type	Bank
Is this institution regulated?	Yes
Website address	http://www.equitybank.co.ke/
Year established	1984
Head of Institution	Dr. James Mwangi
Regions active	Central, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western
# Branches	112

Total Portfolio (nat'l)	KES 126,533,000,000
Total Portfolio (USD)	USD 1,528,176,329
Active clients with loans	655,969
Approximate % female clients	20% - 40%
Approximate % urban clients	40% - 60%
Network affiliations	AMFI, WWB, MFN, GNBI
Funders	Helios EB Investor LP (HELIOS), British-American Investments Company (Kenya) Ltd, IFC

Loan Products » Summary

Agri Allied Loans

805 Borrowers

USD 204,634.07 Portfolio

Crop Loans to Farmer Groups

1,394 Borrowers

USD 133,551.80 Portfolio

Group Loan for Women Monthly

32,636 Borrowers

USD 7,112,021.20 Portfolio

Women Weekly

142,967 Borrowers

USD 20,219,522.93 Portfolio

Individual Micro Enterprise Loans

70 Borrowers

USD 38,675.18 Portfolio

Personal Loan to Employees

21 Borrowers

USD 9,155.51 Portfolio

Loan Products » Summary

Agriculture

418 Borrowers

USD 1,032,439.51 Portfolio

Asset

900 Borrowers

USD 3,025,092.36 Portfolio

Biashara

33,227 Borrowers

USD 33,248,673.42 Portfolio

Business

339 Borrowers

USD 711,816.73 Portfolio

Imara

15,474 Borrowers

USD 17,085,372.51 Portfolio

Shaba

14,839 Borrowers

USD 7,305,703.83 Portfolio

Farm Input

34,018 Borrowers

USD 15,709,402.11 Portfolio

Insurance

6,820 Borrowers

USD 4,117,191.73 Portfolio

Vijana

29,548 Borrowers

USD 12,511,287.02 Portfolio

Fedha

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Agri Allied Loans	INR 16,000 - 20,000	18 - 36	80% - 100%	0% - 20%	Business	Women, Men, Have business, Have home or land	Credit Educ, Credit Ins
Crop Loans to Farmer Groups	INR 6,000 - 25,000	10 - 12	0% - 20%	0% - 20%	Business, Loan is given for inputs required for harvesting	Women, Men, Have home or land, The loan is also given to clients in rented accomadation who have stayed in that locality for more t, Out of a group of 5 members ,4 members should have own house	Credit Educ, Group Mtgs, Credit Ins
Group Loan for Women Monthly	INR 6,000 - 18,000	18	80% - 100%	0% - 20%	Business, Housing, Consumer, Education, Other, 90% of loans used for income generating activities	Women, The loan is also given to clients in rented accomadation who have stayed in that locality for more t	Credit Educ, Group Mtgs, Credit Ins, Other Training
Group Loan for Women Weekly	INR 6,000 - 18,000	11.5 - 12	80% - 100%	40% - 60%	Business, Housing, Consumer, Education, Other, 90% of loans used for income generating activities	Women	Credit Educ, Group Mtgs, Credit Ins
Individual Micro Enterprise Loans	INR 16,000 - 100,000	18 - 36	60% - 80%	0% - 20%	Business	Women, Men, Have business, Have home or land	Credit Educ, Credit Ins, Other Training
Personal Loan to Employees	INR 16,000 - 100,000	18 - 36	80% - 100%	0% - 20%	Any Purpose	Women, Men, Salaried worker	Credit Educ, Credit Ins

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Agricultural Commercial Loan	KES 100,000 - 4,000,000,000	1 - 36	20% - 40%	0% - 20%	Agriculture, Purchase of farm inputs and farm machinery.	Women, Men, Must be in commercial farming for over a year, Active account with Equity	Credit Ins
Asset Finance Loan	KES 100,000 - 4,000,000,000	1 - 48	20% - 40%	40% - 60%	Business, Loan specifically used for purchase of assets.	Women, Men, Equity customer for at least a month or other bank statement, Purchased asset is used as loan security	Credit Ins
Biashara Imara Loan	KES 5,000 - 500,000	1 - 18	20% - 40%	20% - 40%	Business	Women, Men, Have business, Operated the business for over a year	Credit Ins, Tech Asst Visits, Business Training
Business Loan	KES 300,000 - 4,000,000,000	1 - 60	20% - 40%	40% - 60%	Business	Women, Men, Have business, Operated the business for over a year, Active account for over 6 mos with Equity or other bank	Credit Ins
Fanikisha - Imara - Loan	KES 30,000 - 500,000	1 - 18	100%	20% - 40%	Business	Women, Have business	Credit Ins, Tech Asst Visits, Business Training, Access to business improvement training at discount rates.
Fanikisha - Shaba - Loan	KES 1,000 - 300,000	6 - 18	100%	0% - 20%	Business	Women	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training
Farm Input Loan	KES 1,000 - 100,000	1 - 12	20% - 40%	0%	Business, Purchase of farm inputs	Women, Men, Must be in small scale or commercial farming, Active Equity Bank account	Credit Ins
Insurance Premium Finance Loan	KES 5,000 - 4,000,000,000	4 - 10	0% - 20%	40% - 60%	Can only be used for financing insurance premiums.	Women, Men
Vijana Business Loan	KES 1,000 - 100,000	1 - 12	20% - 40%	20% - 40%	Business	Women, Men, Have business, Specific age group, Must have undergone group training, Mustbe 18-35 years old	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Agri Allied Loans	0%	0%	0%	N/A
Crop Loans to Farmer Groups	0%	0%	0%	N/A
Group Loan for Women Monthly	0%	0%	0%	N/A
Group Loan for Women Weekly	0%	0%	0%	N/A
Individual Micro Enterprise Loans	0%	0%	0%	N/A
Personal Loan to Employees	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
Agri Allied Loans	15.0% annual, Flat	1 Fee	None	N/A	0%	0%	N/A
Crop Loans to Farmer Groups	21.0% annual, Decl Bal	1 Fee	None	10.0% upfront	0%	0%	N/A
Group Loan for Women Monthly	12.5%-15.0% annual, Flat	1 Fee	None	10.0% upfront	0%	0%	N/A
Group Loan for Women Weekly	12.5%-15.0% annual, Flat	2 Fees	None	N/A	0%	0%	N/A
Individual Micro Enterprise Loans	15.0% annual, Flat	1 Fee	None	N/A	0%	0%	N/A
Personal Loan to Employees	15.0% annual, Flat	1 Fee	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
Agricultural Commercial Loan	18.0% annual, Decl Bal	1 Fee	1 Ins	None	N/A	21.3% - 24.9%	21.7% - 26.5%	77
Asset Finance Loan	8.5%-10.0% annual, Flat	1 Fee	1 Ins	None	N/A	20% - 20.8%	20.4% - 21.5%	40
Biashara Imara Loan	20.0% annual, Flat	1 Fee	1 Ins	None	N/A	37.4% - 44%	38.5% - 46.3%	49
Business Loan	18.0%-20.0% annual, Decl Bal	1 Fee	1 Ins	None	N/A	21.3% - 25%	21.8% - 26.2%	75
Fanikisha - Imara - Loan	20.0% annual, Decl Bal	1 Fee	1 Ins	None	N/A	36.8% - 44.3%	37.7% - 46.6%	49
Fanikisha - Shaba - Loan	20.0% annual, Decl Bal	1 Fee	1 Ins	None	10.0% upfront	35.7% - 41.9%	43.9% - 52.7%	42
Farm Input Loan	19.0% annual, Flat	1 Fee	1 Ins	None	N/A	25.6% - 40.3%	27.1% - 41.6%	57
Insurance Premium Finance Loan	12.6%-13.5% annual, Flat	0 Fees	0 Ins	None	N/A	27.2% - 27.3%	27.2% - 27.3%	46
Vijana Business Loan	8.0% annual, Flat	1 Fee	1 Ins	None	15.0% upfront	13.4% - 13.9%	20.3% - 21.8%	38

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Agri Allied Loans	0%	0%	0%	N/A
Crop Loans to Farmer Groups	0%	0%	0%	N/A
Group Loan for Women Monthly	0%	0%	0%	N/A
Group Loan for Women Weekly	0%	0%	0%	N/A
Individual Micro Enterprise Loans	0%	0%	0%	N/A
Personal Loan to Employees	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
Agri Allied Loans	15.0% annual, Flat	1 Fee	0 Ins Ins	None	N/A	0%	0%	N/A
Crop Loans to Farmer Groups	21.0% annual, Decl Bal	1 Fee	0 Ins Ins	None	10.0% upfront	0%	0%	N/A
Group Loan for Women Monthly	12.5%-15.0% annual, Flat	1 Fee	0 Ins Ins	None	10.0% upfront	0%	0%	N/A
Group Loan for Women Weekly	12.5%-15.0% annual, Flat	2 Fees	0 Ins Ins	None	N/A	0%	0%	N/A
Individual Micro Enterprise Loans	15.0% annual, Flat	1 Fee	0 Ins Ins	None	N/A	0%	0%	N/A
Personal Loan to Employees	15.0% annual, Flat	1 Fee	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
Agricultural Commercial Loan	18.0% annual, Decl Bal	1 Fee	1 Ins Ins	None	N/A	21.3% - 24.9%	21.7% - 26.5%	77
Asset Finance Loan	8.5%-10.0% annual, Flat	1 Fee	1 Ins Ins	None	N/A	20% - 20.8%	20.4% - 21.5%	40
Biashara Imara Loan	20.0% annual, Flat	1 Fee	1 Ins Ins	None	N/A	37.4% - 44%	38.5% - 46.3%	49
Business Loan	18.0%-20.0% annual, Decl Bal	1 Fee	1 Ins Ins	None	N/A	21.3% - 25%	21.8% - 26.2%	75
Fanikisha - Imara - Loan	20.0% annual, Decl Bal	1 Fee	1 Ins Ins	None	N/A	36.8% - 44.3%	37.7% - 46.6%	49
Fanikisha - Shaba - Loan	20.0% annual, Decl Bal	1 Fee	1 Ins Ins	None	10.0% upfront	35.7% - 41.9%	43.9% - 52.7%	42
Farm Input Loan	19.0% annual, Flat	1 Fee	1 Ins Ins	None	N/A	25.6% - 40.3%	27.1% - 41.6%	57
Insurance Premium Finance Loan	12.6%-13.5% annual, Flat	0 Fees	0 Ins Ins	None	N/A	27.2% - 27.3%	27.2% - 27.3%	46
Vijana Business Loan	8.0% annual, Flat	1 Fee	1 Ins Ins	None	15.0% upfront	13.4% - 13.9%	20.3% - 21.8%	38

Institution Price Graph

Click to view Price Analysis Tool

Institution Price Graph

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

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

Learn More

MFTransparency News

Explore Resources