Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | http://www.bandhanmf.com/ |
Year established | 2006 |
Head of Institution | Chandra Shekhar Ghosh |
Regions active | 0 |
# Branches | 1550 |
Total Portfolio (nat'l) | INR 15,894,315,977 |
Total Portfolio (USD) | USD 353,207,021.70 |
Active clients with loans | 2,513,747 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations | Sa-dhan, MFIN (Microfinance Institutions Network), Alpha Microfinance Consultants(P) Ltd. (Alpha), AMFI (Association of Microfinance Institutions), W.B |
Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.lowerpraruralbank.com/ |
Year established | 1983 |
Head of Institution | Isaac Kwamina Afful |
Regions active | |
# Branches | 14 |
Total Portfolio (nat'l) | GHS 12,443,472 |
Total Portfolio (USD) | USD 6,316,483.25 |
Active clients with loans | 34,056 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, ARB APEX |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samriddhi Loan (Micro Small and Medium Enterprise Loan) | INR 100,000 - 300,000 | 12 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business | Credit Ins | |||||||
Srishti Loan (Micro enterprise loan) Type1 | INR 25,000 - 50,000 | 10.15 - 12 | 80% - 100% | 20% - 40% | Business | Women, Have business | Credit Ins | |||||||
Srishti Loan(Micro enterprise loan) Type 2 | INR 25,000 - 50,000 | 10.38 - 12 | 80% - 100% | 20% - 40% | Business | Women, Have business | Credit Ins | |||||||
Suchana Loan (Micro Loan) Type 1 | INR 1,000 - 25,000 | 10.15 - 12 | 80% - 100% | 20% - 40% | Business, ONLY used for Income generating activities | Women, Have business | Credit Ins | |||||||
Suchana Loan (Micro Loan) Type 2 | INR 1,000 - 25,000 | 10.38 - 12 | 80% - 100% | 20% - 40% | Business, It can be used for income generating activities on | Women, Have business | Credit Ins | |||||||
Suraksha Loan (Health Loan) | INR 1,000 - 5,000 | 11.5 - 12 | 80% - 100% | 20% - 40% | Other, It can be used only for emergency health needs. , Can NOT be used for business | Women, This loan is extended to borrowers who have successfully completed at least one loan cycle. |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | GHS 1,000 - 30,000 | 1 - 12 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Salary Loan | GHS 500 - 11,000 | 1 - 60 | 40% - 60% | 80% - 100% | Business | Women, Men | Credit Ins | |||||||
Susu Loan | GHS 200 - 3,500 | 1 - 12 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits, Market trends |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samriddhi Loan (Micro Small and Medium Enterprise Loan) | 0% | 0% | 0% | N/A | ||||||||||
Srishti Loan (Micro enterprise loan) Type1 | 0% | 0% | 0% | N/A | ||||||||||
Srishti Loan(Micro enterprise loan) Type 2 | 0% | 0% | 0% | N/A | ||||||||||
Suchana Loan (Micro Loan) Type 1 | 0% | 0% | 0% | N/A | ||||||||||
Suchana Loan (Micro Loan) Type 2 | 0% | 0% | 0% | N/A | ||||||||||
Suraksha Loan (Health Loan) | 0% | 0% | 0% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samriddhi Loan (Micro Small and Medium Enterprise Loan) | 10.0% annual, Flat | 1 Fee | 0 Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Srishti Loan (Micro enterprise loan) Type1 | 10.0% annual, Flat | 1 Fee | 0 Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Srishti Loan(Micro enterprise loan) Type 2 | 12.5% annual, Flat | 1 Fee | 0 Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Suchana Loan (Micro Loan) Type 1 | 10.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 0% | 0% | N/A | ||||||||
Suchana Loan (Micro Loan) Type 2 | 12.5% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 0% | 0% | N/A | ||||||||
Suraksha Loan (Health Loan) | 10.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 0% | 0% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samriddhi Loan (Micro Small and Medium Enterprise Loan) | 0% | 0% | 0% | N/A | ||||||||||
Srishti Loan (Micro enterprise loan) Type1 | 0% | 0% | 0% | N/A | ||||||||||
Srishti Loan(Micro enterprise loan) Type 2 | 0% | 0% | 0% | N/A | ||||||||||
Suchana Loan (Micro Loan) Type 1 | 0% | 0% | 0% | N/A | ||||||||||
Suchana Loan (Micro Loan) Type 2 | 0% | 0% | 0% | N/A | ||||||||||
Suraksha Loan (Health Loan) | 0% | 0% | 0% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Samriddhi Loan (Micro Small and Medium Enterprise Loan) | 10.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Srishti Loan (Micro enterprise loan) Type1 | 10.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Srishti Loan(Micro enterprise loan) Type 2 | 12.5% annual, Flat | 1 Fee | 0 Ins Ins | None | 5.0% upfront | 0% | 0% | N/A | ||||||||
Suchana Loan (Micro Loan) Type 1 | 10.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 0% | 0% | N/A | ||||||||
Suchana Loan (Micro Loan) Type 2 | 12.5% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 0% | 0% | N/A | ||||||||
Suraksha Loan (Health Loan) | 10.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 0% | 0% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
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