| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2006 |
| Head of Institution | Bishwajit Das |
| Regions active | |
| # Branches | 7 |
| Total Portfolio (nat'l) | INR 24,818,991 |
| Total Portfolio (USD) | USD 468,282.85 |
| Active clients with loans | 6,040 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.asainitiative.org/ |
| Year established | 2006 |
| Head of Institution | Mrs. Veronica Agodoa Kitti |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | GHS 628,801 |
| Total Portfolio (USD) | USD 419,200.67 |
| Active clients with loans | 2,298 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | Association of Financial NGO'S (ASSFIN), GHAMFIN |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Loan | INR 1,000 - 25,000 | 12 | 80% - 100% | 0% - 20% | Business, Can ONLY be used for Working Capital | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Six Months Group Loan | GHS 100 - 3,000 | 3 - 6 | 60% - 80% | 0% - 20% | ||||||||||
| Six Months Individual Loan | GHS 100 - 5,000 | 1 - 6 | 40% - 60% | 0% - 20% |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Loan | 29.7% | 27.8% - 29.7% | 36.6% - 39.2% | 42 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Loan | 12.5% annual, Flat | 0 Fees | 1 Ins | None | 10.0% upfront | 27.8% - 29.7% | 36.6% - 39.2% | 32 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Six Months Group Loan | 39.96%-0.00% annual, Flat | 2 Fees | 1 Ins | N/A | 85% - 87.6% | 89.1% - 91.8% | 44 | |||||||||
| Six Months Individual Loan | 44.00%-0.00% annual, Flat | 1 Fee | 1 Ins | N/A | 84.9% | 89% | 49 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Loan | 29.7% | 27.8% - 29.7% | 36.6% - 39.2% | 42 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Small Loan | 12.5% annual, Flat | 0 Fees | 1 Ins Ins | None | 10.0% upfront | 27.8% - 29.7% | 36.6% - 39.2% | 32 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Six Months Group Loan | 39.96%-0.00% annual, Flat | 2 Fees | 1 Ins Ins | N/A | 85% - 87.6% | 89.1% - 91.8% | 44 | |||||||||
| Six Months Individual Loan | 44.00%-0.00% annual, Flat | 1 Fee | 1 Ins Ins | N/A | 84.9% | 89% | 49 |
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