Please note that the information you are viewing is
124 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-10-28
Data version: 1
Age of data: - months
Key Statistics
Outstanding portfolio (USD) | USD 5,635,679 |
Portfolio (USD) | USD 5,635,679 |
Active Clients with Loans | 263 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
Methodology
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other | |
Description
Credito destinado a la adquisición, construcción, refacción, remodelación, ampliación y mejoramiento de terrenos y viviendas individuales o en propiedad horizontal, hasta la segunda vivienda inclusive.
Loan Purpose
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Included Services
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | Ahorro |
Other (2) | |
No other services | |
Eligibility
Men | x |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active | |
Loan Conditions
Loan Amount
Currency | USD |
Minimum loan size | USD 5,000 |
Maximum loan size | 199,600 |
Loan Term and Grace Period
Shortest loan term | 12.0 months |
Longest loan term | 360.0 months |
Approx average | 141.0 months |
Grace Period
Grace period usage | 0 |
Average grace period | 0 |
Repayment Frequency
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments | |
Pricing Information
Interest
Lowest quoted nominal interest | 19.00% |
Highest quoted nominal interest | 20.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | N/A |
Is rate fixed for entire loan term | No |
Upfront Fees
| Fee 1 |
---|
Description | Alta de Linea de Credito |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | No |
Ongoing Fees
| Fee 1 |
---|
Description | Seguro de desgravamen |
% of loan amount - min | 9.00% |
% of loan amount - max | 9.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Upfront Insurance Fees
This product has no upfront insurance feesOngoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
Deposit BEFORE or AT Disbursement
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Deposits DURING period payments
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Interest Paid on Deposit
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Taxes
Are taxes charged on this product? | No |
Additional Comments
El impuesto aplicado como Porcentaje del pago de capital del préstamo y de los intereses es el Impuesto a las Transacciones Financieras de acuerdo a las Leyes Bolivianas, que debe retenerse àºnicamente cuando el pago sea realizado en efectivo. Si se realiza con débito en cuenta cuando ésta tenga un saldo menor a USD 2 mil, la transacción no está gravada por el impuesto.
Full Pricing Data
Credito Vivienda (USD) samples
No sample data for this product
Credito Vivienda (USD) Price Graphs
No sample data for this product
Please note that the information you are viewing is
133 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-04-02
Data version: 2
Age of data: 133 months
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.asmithamicrofin.com/ |
Year established | 2001 |
Head of Institution | Dr. Vidya Sravanthi |
Regions active | Andhra Pradesh, Bihar, Chhattisgarh, Goa, GujaratJharkhand, Karnataka, Madhya Pradesh, Maharashtra, Orissa, Rajasthan, Tamil Nadu, Uttar Pradesh, West Bengal |
# Branches | 509 |
Total Portfolio (nat'l) | INR 12,057,425,495 |
Total Portfolio (USD) | USD 227,498,594.20 |
Active clients with loans | 1,136,100 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | Sa-Dhan, MFIN, AKMI, MIX Market |
1,114,873 Borrowers
USD 217,867,130.60 Portfolio
Active Product
Loan Products » Conditions
Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
Joint Laibility Group Loan (JLG Loan) |
|
INR 14,999 - 35,000 |
|
12 - 24 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women, Have business, Have home or land, Low HH Inc, Med HH Inc, Rural HH, Urban HH |
|
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training, National Pension Scheme collabaration with LIC. |
Loan Products » MFIN India Additional Information
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 Laibility Group Loan (JLG Loan) |
|
25.7% - 26% |
|
26.8% - 28.1% |
|
29.3% - 30.5% |
|
Yes |
|
Yes |
|
Yes |
|
92 |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
Joint Laibility Group Loan (JLG Loan) |
|
24.0%-26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
12.36% fees |
|
N/A |
|
26.8% - 28.1% |
|
29.3% - 30.5% |
|
80 |