| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | N/A |
| Website address | http://www.equitas.in/ |
| Year established | 2007 |
| Head of Institution | PN Vasudevan |
| Regions active | 0 |
| # Branches | 276 |
| Total Portfolio (nat'l) | INR 9,568,069,000 |
| Total Portfolio (USD) | USD 212,623,755.60 |
| Active clients with loans | 1,395,978 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | MFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | INR 3,000 - 3,000 | 6 - 9 | 80% - 100% | 80% - 100% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Primary Loans | INR 10,100 - 12,000 | 24 | 80% - 100% | 80% - 100% | Business | Women, Have business, either client runs business or husband runs business and the client has an active role | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Third Cycle Loan | INR 10,100 - 15,000 | 24 | 80% - 100% | 0% | Business | Women, Have business | Credit Educ, Group Mtgs |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | 0% | 24.5% - 25.9% | 25.3% - 27% | N/A | ||||||||||
| Primary Loans | 0% | 25.9% - 26.8% | 26.7% - 27.4% | N/A | ||||||||||
| Third Cycle Loan | 0% | 26.6% | 28.3% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Additional Micro-Credit | 25.3%-26.3% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 24.5% - 25.9% | 25.3% - 27% | 96 | ||||||||
| Primary Loans | 25.5% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 25.9% - 26.8% | 26.7% - 27.4% | 94 | ||||||||
| Third Cycle Loan | 25.4% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 26.6% | 28.3% | 90 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ACLEDA | 235,200 | 215,086,000 | 6 | 160 |
| AMK | 288,200 | 63,784,000 | 16 | 132 |
| AMRET | 299,500 | 149,542,000 | 8 | 132 |
| Chamroeun | 48,100 | 7,480,000 | 4 | 113 |
| Farmer Finance | 200 | 407,000 | 1 | 132 |
| First Finance | 500 | 5,819,000 | 1 | 132 |
| HKL | 73,400 | 93,842,000 | 3 | 132 |
| KREDIT | 61,800 | 59,319,000 | 9 | 132 |
| Maxima | 2,900 | 3,179,000 | 3 | 132 |
| PRASAC | 138,500 | 251,931,000 | 9 | 132 |
| Seilanithih | 15,200 | 7,516,000 | 5 | 132 |
| SPN | 35,100 | 29,828,000 | 6 | 132 |
| TPC | 120,000 | 45,931,000 | 13 | 132 |
| VF Cambodia | 148,600 | 48,984,000 | 18 | 132 |
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