Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,0002157
Ahantaman RB23,8009,896,0004139
APED13,7001,876,0002139
ASA Initiative4,400577,0004139
ASA-Ghana71,60018,385,0002139
ASPI80088,0006139
Atwima Kwanwoma3,8001,788,0002139
Baobab5,100967,0002139
BestFUND13,0004,172,0003139
Bonzali Rural10,4001,691,0004157
CashPhase83135,0002139
CASUD1,100524,0001139
CEDEF50054,0004139
CFF10013,0001139
CRAN3,6001,019,0002139
DQF1,70063,0002139
EASL9,20011,409,0006139
East Mamprusi12,5002,268,0004139
ELDA000139
EMPRETEC Ghana20056,0002139
FASL13,50014,047,0008139
Grameen Ghana9,500507,0003139
ID-Ghana5,600953,0003139
Innovative Finance2,700354,0003139
Kraban Support7,700781,0005157
KRB4,0006,350,0003139
Lower Pra RB34,0006,316,0003157
Maata-N-Tudu12,000941,0004139
Mail Finance300288,0001139
Markaz000139
Markaz Al Bishara10017,0001139
MicrofinPlus Gh1,100251,0002139
Nwabiagya RB4,0002,265,0003139
OISL62,00027,232,0009139
Pro Credit000139
Rich Step100101,0001139
SAT147,60029,359,0004139
Sekam Trust600137,0002139
Simli Pong8,900463,0003157
SS Ghana20035,0001139
TCCU10032,0003139
The Bridge40032,0003157
Union RB3,8002,361,0004139
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Fusion Microfinance Pvt. Ltd. 303-304, 3rd Floor, Building No.2Community Center, Phase-1, NarainaNew Delhi, New Delhi110052
Data approved: 2011-08-08
Data version: 1
Age of data: -   months 

Product

Jagrati Product 4 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 1,576
Portfolio (USD)USD 35
Active Clients with Loans3
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This is our first product to make people aware of various solutions to overcome vicious poverty , this is a beginning of the journey of the relationship \r
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
Other training
OtherVocational Training e.g. Tailoring, Aggarbatti making, bangle making etc to the clients)
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or landx
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
Must live in rural area
Must lives in urban area
OtherCredit policy permits the loan only to the females who are married with proper KYC documents , she c
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 8,000
Maximum loan size8,000
Loan Term and Grace Period
Shortest loan term11.0 months
Longest loan term11.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest31.74%
Highest quoted nominal interest31.74%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionLoan Processing Fees
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Premium
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Jagrati samples
Sample 1
Loan AmountINR 8,000
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2010-04-28
Loan Term (Months)10.7 months
Grace Period (Months)0
Total Cost of CreditNot Known
True Price by Comp 
Interest and Fee Component36.8%
Insurance Component2.4%
Tax Component0
Deposit Component0
Full APR (int fee ins tax dep)39.3%
MFIN MFI Earning (Annualised)36.8%
MFIN Cost to Borrower (Annualised)39.3%
Transparency Index81
MFIN Transparency IndexN/A
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
* The APR stated here is an MFTransparency term, definition and formula
Jagrati Price Graphs


Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

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