Please note that the information you are viewing is 58 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Chaitanya India Fin Credit Pvt Ltd #169, 1st Floor, 5th MainChamarajpetBangalore, KarnatakaPO Box 560018
Data approved: 2012-11-26
Data version: 3
Age of data: 79 months

Institution

Musoni Kenya Limited 25351Nairobi, Nairobi100
Data approved: 2015-03-27
Data version: 1
Age of data: 58 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.chaitanyaindia.in/
Year established2009
Head of InstitutionAnand Rao
Regions activeKarnataka
# Branches10

Total Portfolio (nat'l)INR 205,228,721
Total Portfolio (USD)USD 3,872,240.02
Active clients with loans21,309
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliations

Institution Details

Institution TypeOther
Is this institution regulated?No
Website addresshttp://www.musoni.eu
Year established2010
Head of InstitutionJames Onyutta
Regions activeCentral, Eastern, Nairobi, Nyanza, Rift Valley
# Branches15

Total Portfolio (nat'l)KES 495,960,483
Total Portfolio (USD)USD 5,989,860.91
Active clients with loans16,077
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliations
FundersMusoni Investment, Access Africa Fund ( Managed by Microvest), KFW, Grameen Foundation

Loan Products » Summary

2,162 Borrowers
USD 528,259.92 Portfolio
Active Product
8,393 Borrowers
USD 1,785,925.49 Portfolio
Active Product
10,150 Borrowers
USD 1,434,276.25 Portfolio
Active Product
Retired Product
Retired Product
Retired Product
Retired Product

Loan Products » Summary

14,176 Borrowers
USD 4,124,885.21 Portfolio
Active Product
1,189 Borrowers
USD 153,604.43 Portfolio
Active Product
1,350 Borrowers
USD 354,415.08 Portfolio
Active Product
125 Borrowers
USD 178,445.54 Portfolio
Low Volume Product
747 Borrowers
USD 973,567.66 Portfolio
Low Volume Product
688 Borrowers
USD 204,942.98 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
2D Business Loan INR 36,000 - 50,000 24 - 30 80% - 100% 0% - 20% Business Women Credit Educ, Group Mtgs, Credit Ins
3D Business Loan INR 36,000 - 50,000 24 - 30 80% - 100% 0% - 20% Business Women Credit Educ, Group Mtgs, Credit Ins
One Year Business Loan INR 5,000 - 15,000 12 80% - 100% 0% - 20% Business Women, Could be used in income generating activities. Credit Educ, Group Mtgs, Credit Ins

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Nawiri ( Group business Loan) KES 5,000 - 140,000 3 - 12 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Business Training, Other Training
Tuelimike ( School Fee Loan) KES 5,000 - 70,000 3 - 9 40% - 60% 60% - 80% Education Women, Men, Have business Group Mtgs, Business Training, Other Training
Wepesi ( Emengency Loan KES 5,000 - 30,000 1 40% - 60% 60% - 80% Any Purpose Women, Men, Have business Business Training, Other Training

Loan Products » MFIN India Additional Information

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
2D Business Loan 25.9% 27.3% - 27.5% 29.6% - 30.1% Yes Yes Yes 100
3D Business Loan 25.9% - 27.3% 28% - 29.5% 31.3% - 33% Yes Yes Yes 99
One Year Business Loan 25.8% - 25.9% 27.5% - 27.7% 30.1% - 30.5% Yes Yes Yes 100

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
2D Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 27.5% 29.6% - 30.1% 87
3D Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 28% - 29.5% 31.3% - 33% 81
One Year Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.5% - 27.7% 30.1% - 30.5% 85

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Nawiri ( Group business Loan) 20.0% annual, Flat 1 Fee 0 Ins None 20.0% upfront 40.7% - 48.5% 60.4% - 74.3% 30
Tuelimike ( School Fee Loan) 22.0% annual, Flat 1 Fee 0 Ins None 20.0% upfront 45.3% - 51.8% 67.2% - 79.2% 29
Wepesi ( Emengency Loan 90.0% annual, Up-Front 0 Fees 0 Ins None N/A 93.6% 93.6% 96

Loan Products » MFIN India Additional Information

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
2D Business Loan 25.9% 27.3% - 27.5% 29.6% - 30.1% Yes Yes Yes 100
3D Business Loan 25.9% - 27.3% 28% - 29.5% 31.3% - 33% Yes Yes Yes 99
One Year Business Loan 25.8% - 25.9% 27.5% - 27.7% 30.1% - 30.5% Yes Yes Yes 100

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
2D Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 27.3% - 27.5% 29.6% - 30.1% 87
3D Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 28% - 29.5% 31.3% - 33% 81
One Year Business Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 27.5% - 27.7% 30.1% - 30.5% 85

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Nawiri ( Group business Loan) 20.0% annual, Flat 1 Fee 0 Ins Ins None 20.0% upfront 40.7% - 48.5% 60.4% - 74.3% 30
Tuelimike ( School Fee Loan) 22.0% annual, Flat 1 Fee 0 Ins Ins None 20.0% upfront 45.3% - 51.8% 67.2% - 79.2% 29
Wepesi ( Emengency Loan 90.0% annual, Up-Front 0 Fees 0 Ins Ins None N/A 93.6% 93.6% 96
Institution Price Graph
Institution Price Graph
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