Fusion Microfinance Pvt. Ltd. - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Please note that the information you are viewing is 154 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Fusion Microfinance Pvt. Ltd. 303-304, 3rd Floor, Building No.2Community Center, Phase-1, NarainaNew Delhi, New Delhi110052

Data approved: 2011-08-08

Data version: 1

Age of data: - months

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Institution

Vision Finance Company S.A NyarugengeKigaliPO Box 6893

Data approved: 2011-09-16

Data version: 1

Age of data: 154 months

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Institution Details

Institution Type	Private 'For-Profit'
Is this institution regulated?	Yes
Website address	http://www.fusionmicrofinance.com/
Year established	2010
Head of Institution	Devesh Sachdev
Regions active	0
# Branches	15

Total Portfolio (nat'l)	INR 154,045,112
Total Portfolio (USD)	USD 3,423,224.71
Active clients with loans	23,323
Approximate % female clients	80% - 100%
Approximate % urban clients	0% - 20%
Network affiliations	MFIN, India

Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.vfcrwanda.com/
Year established	1999
Head of Institution	Shem Kakembo
Regions active	Bugesera, Burera, Gakenke, Gasabo, Gatsibo, Gicumbi, HuyeKayonza, Kicukiro, Kirehe, Musanze, Ngoma, Ngororero, Nyabihu, Nyamagabe, Nyarugenge
# Branches	0

Total Portfolio (nat'l)	RWF 2,223,773,287
Total Portfolio (USD)	USD 3,474,645.76
Active clients with loans	14,226
Approximate % female clients	60% - 80%
Approximate % urban clients	20% - 40%
Network affiliations	AMIR, World Vision International, MAIN, ANAFI
Funders	Vision Fund International, Terrafina, KIVA, Triple Jump

Loan Products » Summary

Gati

398 Borrowers

USD 67,667 Portfolio

Active Product

IGL- New Clients

1,641 Borrowers

USD 436,424 Portfolio

Active Product

IGL- Old Clients

482 Borrowers

USD 178,807 Portfolio

Active Product

Jagrati

3 Borrowers

USD 35 Portfolio

Active Product

Pragati

124 Borrowers

USD 28,910 Portfolio

Active Product

Roshni

16,417 Borrowers

USD 1,617,538 Portfolio

Active Product

Samridhi

119 Borrowers

USD 18,483 Portfolio

Active Product

Unnati

378 Borrowers

USD 33,324 Portfolio

Active Product

Loan Products » Summary

Akarusho

196 Borrowers

USD 15,873.60 Portfolio

Active Product

Inyongera

68 Borrowers

USD 1,652.13 Portfolio

Active Product

Iyambere

3,374 Borrowers

USD 2,445,455.30 Portfolio

Active Product

Koramuhinzi

3,387 Borrowers

USD 279,529.35 Portfolio

Active Product

Trust

4,440 Borrowers

USD 596,656.28 Portfolio

Active Product

Urunana

2,565 Borrowers

USD 135,479.10 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Gati	INR 15,000 - 15,000	11	80% - 100%	80% - 100%	Business	Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training
IGL- New Clients	INR 12,000 - 12,000	17	80% - 100%	0% - 20%	Business	Women, Have home or land
IGL- Old Clients	INR 16,000 - 30,000	24	80% - 100%	0% - 20%	Business	Women, Have home or land
Jagrati	INR 8,000 - 8,000	11	80% - 100%	80% - 100%	Business, Housing, Other	Women, Have home or land, Credit policy permits the loan only to the females who are married with proper KYC documents , she c	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
Pragati	INR 18,000 - 18,000	11	80% - 100%	80% - 100%	Business, Housing, Other	Women, Only married women with proper KYC documents , she can be a salaried domestic worker	Credit Educ, Group Mtgs, Credit Ins
Roshni	INR 10,000 - 10,000	11	80% - 100%	0% - 20%	Business, Housing, Education, Other	Women	Credit Educ, Group Mtgs, Credit Ins
Samridhi	INR 20,000 - 20,000	11	80% - 100%	80% - 100%	Business, Housing, Education, Other	Women, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
Unnati	INR 12,000 - 12,000	11	80% - 100%	80% - 100%	Business, Housing, Education, Other	Women	Credit Educ, Group Mtgs, Credit Ins

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Akarusho (Progress Equipment) Loan	RWF 96,000 - 700,000	6 - 36	40% - 60%	0% - 20%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins
Inyongerabukungu (Grow the Economy) Loan	RWF 500,000 - 2,000,000	3 - 24	40% - 60%	0% - 20%	Business	Women, Men, Have business	Credit Ins
Iyambere (Individual Progress) Loan	RWF 500,000 - 4,000,000	3 - 24	40% - 60%	60% - 80%	Business	Women, Men, Have business, Must have collateral	Credit Educ, Group Mtgs, Credit Ins
Koramuhinzi (Farmers Please Work) Loan	RWF 10,000 - 300,000	3 - 9	60% - 80%	0% - 20%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins
Ubwizerane (Trust) Loan	RWF 150,000 - 250,000	3 - 12	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Urunana (Community Bank) Loan	RWF 30,000 - 495,000	3 - 8	60% - 80%	0% - 20%	Business	Women, Men, Have business	Group Mtgs, Credit Ins, Business Training

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Gati	0%	36.6%	39%	N/A
IGL- New Clients	0%	27.6%	29.4%	N/A
IGL- Old Clients	0%	27.2%	29.3%	N/A
Jagrati	0%	36.8%	39.3%	N/A
Pragati	0%	36.8%	39.3%	N/A
Roshni	0%	36.8%	39.3%	N/A
Samridhi	0%	36.6%	39%	N/A
Unnati	0%	36.8%	39.3%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Gati	31.7% annual, Decl Bal	1 Fee	None	N/A	36.6%	39%	81
IGL- New Clients	26.0% annual, Decl Bal	1 Fee	None	N/A	27.6%	29.4%	89
IGL- Old Clients	26.0% annual, Decl Bal	1 Fee	None	N/A	27.2%	29.3%	89
Jagrati	31.7% annual, Decl Bal	2 Fees	None	N/A	36.8%	39.3%	81
Pragati	31.7% annual, Decl Bal	1 Fee	None	N/A	36.8%	39.3%	81
Roshni	31.7% annual, Decl Bal	1 Fee	None	N/A	36.8%	39.3%	81
Samridhi	31.7% annual, Decl Bal	2 Fees	None	N/A	36.6%	39%	81
Unnati	31.7% annual, Decl Bal	2 Fees	None	N/A	36.8%	39.3%	81

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Akarusho (Progress Equipment) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	N/A	53.6% - 55.6%	55.5% - 57.9%	53
Inyongerabukungu (Grow the Economy) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	N/A	37.4% - 59.1%	41.2% - 63.7%	61
Iyambere (Individual Progress) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	N/A	44.2% - 58%	46% - 61.3%	56
Koramuhinzi (Farmers Please Work) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	20.00% upfront	37.2% - 37.4%	51.8% - 52.1%	57
Ubwizerane (Trust) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	20.00% upfront	60% - 62.1%	95.8% - 100.5%	30
Urunana (Community Bank) Loan	30.00% annual, Flat	1 Fee	1 Ins	None	20.00% upfront	28.7% - 37.2%	42% - 51.8%	61

Loan Products » MFIN India Additional Information

Product Name	APR (int)	MFIN MFI Earning (Annualised)	MFIN Cost to Borrower (Annualised)	MFIN Transparency Index
Gati	0%	36.6%	39%	N/A
IGL- New Clients	0%	27.6%	29.4%	N/A
IGL- Old Clients	0%	27.2%	29.3%	N/A
Jagrati	0%	36.8%	39.3%	N/A
Pragati	0%	36.8%	39.3%	N/A
Roshni	0%	36.8%	39.3%	N/A
Samridhi	0%	36.6%	39%	N/A
Unnati	0%	36.8%	39.3%	N/A

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Gati	31.7% annual, Decl Bal	1 Fee	0 Ins Ins	None	N/A	36.6%	39%	81
IGL- New Clients	26.0% annual, Decl Bal	1 Fee	0 Ins Ins	None	N/A	27.6%	29.4%	89
IGL- Old Clients	26.0% annual, Decl Bal	1 Fee	0 Ins Ins	None	N/A	27.2%	29.3%	89
Jagrati	31.7% annual, Decl Bal	2 Fees	0 Ins Ins	None	N/A	36.8%	39.3%	81
Pragati	31.7% annual, Decl Bal	1 Fee	0 Ins Ins	None	N/A	36.8%	39.3%	81
Roshni	31.7% annual, Decl Bal	1 Fee	0 Ins Ins	None	N/A	36.8%	39.3%	81
Samridhi	31.7% annual, Decl Bal	2 Fees	0 Ins Ins	None	N/A	36.6%	39%	81
Unnati	31.7% annual, Decl Bal	2 Fees	0 Ins Ins	None	N/A	36.8%	39.3%	81

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Akarusho (Progress Equipment) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	N/A	53.6% - 55.6%	55.5% - 57.9%	53
Inyongerabukungu (Grow the Economy) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	N/A	37.4% - 59.1%	41.2% - 63.7%	61
Iyambere (Individual Progress) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	N/A	44.2% - 58%	46% - 61.3%	56
Koramuhinzi (Farmers Please Work) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	20.00% upfront	37.2% - 37.4%	51.8% - 52.1%	57
Ubwizerane (Trust) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	20.00% upfront	60% - 62.1%	95.8% - 100.5%	30
Urunana (Community Bank) Loan	30.00% annual, Flat	1 Fee	1 Ins Ins	None	20.00% upfront	28.7% - 37.2%	42% - 51.8%	61

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Key Statistics
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# Countries
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Loan Portfolio (USD)
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% Products with one or more insurances
% Products with compulsory deposits

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Institution

Institution

Institution Details

Institution Details

Loan Products » Summary

Loan Products » Summary

Loan Products » Conditions

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Institution Price Graph

Institution Price Graph

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