| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.asomi.co.in/ |
| Year established | 2008 |
| Head of Institution | Subhrajyoti Bharali |
| Regions active | |
| # Branches | 50 |
| Total Portfolio (nat'l) | INR 251,500,000 |
| Total Portfolio (USD) | USD 4,745,283.02 |
| Active clients with loans | 50,326 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2009 |
| Head of Institution | Phyllis Ayetey |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | GHS 150,000 |
| Total Portfolio (USD) | USD 76,142.13 |
| Active clients with loans | 650 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | Credit Union Association (CUA), GHAMFIN |
| Funders | Christian Children's Fund of Canada |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entrepreneurship Development Loan | INR 25,000 - 50,000 | 10 - 12 | 0% - 20% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Credit Ins, Tech Asst Visits, Business Training | |||||||
| SHG Loan | INR 5,000 - 25,000 | 12 | 60% - 80% | 0% - 20% | Business | Women | Group Mtgs, Tech Asst Visits, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | GHS 1,000 - 5,000 | 6 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Tech Asst Visits | |||||||
| Credit Union Loan | GHS 100 - 2,000 | 3 - 12 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men | Credit Ins | |||||||
| Micro-Enterprise Loan | GHS 100 - 1,000 | 6 - 12 | 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entrepreneurship Development Loan | 0% | 33% | 45.6% | N/A | ||||||||||
| SHG Loan | 0% | 28.8% - 29.2% | 39.4% - 40.7% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entrepreneurship Development Loan | 16.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront | 33% | 45.6% | 35 | ||||||||
| SHG Loan | 15.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront | 28.8% - 29.2% | 39.4% - 40.7% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 25.00%- upfront | 0% | 0% | N/A | ||||||||
| Credit Union Loan | 36.00% annual, Decl Bal | 1 Fee | 0 Ins | None | 50.00%- upfront | 0% | 0% | N/A | ||||||||
| Micro-Enterprise Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | 35.00%- upfront | 0% | 0% | N/A |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entrepreneurship Development Loan | 0% | 33% | 45.6% | N/A | ||||||||||
| SHG Loan | 0% | 28.8% - 29.2% | 39.4% - 40.7% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Entrepreneurship Development Loan | 16.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 15.0% upfront | 33% | 45.6% | 35 | ||||||||
| SHG Loan | 15.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 15.0% upfront | 28.8% - 29.2% | 39.4% - 40.7% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 40.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 25.00%- upfront | 0% | 0% | N/A | ||||||||
| Credit Union Loan | 36.00% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 50.00%- upfront | 0% | 0% | N/A | ||||||||
| Micro-Enterprise Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 35.00%- upfront | 0% | 0% | N/A |
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