| 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 |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2010 |
| Head of Institution | Ma. Lourdes S. Pineda |
| Regions active | |
| # Branches | 2 |
| Total Portfolio (nat'l) | PhP 9,226,611 |
| Total Portfolio (USD) | USD 220,732.32 |
| Active clients with loans | 148 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | |
| Funders |
| 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. |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pitaka Microenterprise Loan | PHP 5,000 - 150,000 | 2 - 6 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Credit Ins |
| 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 |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pitaka Microenterprise Loan | 21.0% annual, Flat | 2 Fees | 1 Ins | 0.50% loan amt | 100.00 upfront 10.00% ongoing | 58.8% - 73.1% | 55.4% - 80.2% | 31 |
| 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 |
| 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 Ins | 12.36% fees | N/A | 26.8% - 28.1% | 29.3% - 30.5% | 80 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Pitaka Microenterprise Loan | 21.0% annual, Flat | 2 Fees | 1 Ins Ins | 0.50% loan amt | 100.00 upfront 10.00% ongoing | 58.8% - 73.1% | 55.4% - 80.2% | 31 |
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