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Institution

Future Financial Servicess Ltd. #17/1, GRA Tower, Ambalipura Main RoadOff. Sarjapur Road, Agara PostBangalore, KarnatakaPO Box 560 103
Data approved: 2013-07-16
Data version: 3
Age of data: 94 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.ffslmfi.com/
Year established2007
Head of InstitutionG. Dashratha Reddy
Regions activeAndhra Pradesh, Karnataka
# Branches110

Total Portfolio (nat'l)INR 2,041,266,962
Total Portfolio (USD)USD 38,514,470.98
Active clients with loans179,620
Approximate % female clients100%
Approximate % urban clients0
Network affiliationsMFIN, Sa-Dhan

Loan Products » Summary

145,779 Borrowers
USD 34,208,015.87 Portfolio
Active Product
4,872 Borrowers
USD 1,511,297.36 Portfolio
Active Product
Retired Product
Retired Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Monthly Loan INR 12,000 - 30,000 19 - 26 100% 0% Business Women Group Mtgs, Credit Ins, Other Training
Fortnightly Loan INR 12,000 - 30,000 19 - 26 100% 100% Business Women Group Mtgs, Credit Ins, 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
Monthly Loan 24.7% - 25.6% 26% - 26.7% 29.8% - 30.8% Yes Yes Yes 100
Fortnightly Loan 27.6% - 27.7% 28.8% - 29% 33.2% - 33.4% Yes Yes Yes 94

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Monthly Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 26% - 26.7% 29.8% - 30.8% 85
Fortnightly Loan 26.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 28.8% - 29% 33.2% - 33.4% 78
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011126
ANED5,4006,579,000385
Banco FIE231,100569,322,000685
BancoSol215,300861,418,0003085
CIDRE8,500126,578,000885
Coop Fatima6,30044,280,0007126
CRECER166,900134,626,0001385
Diaconia67,00085,734,000285
Ecofuturo59,200226,839,000585
EMPRENDER8,7002,380,0003126
Fassil FFP57,600325,081,000585
FONCRESOL3,9009,573,000385
FONDECO14,20024,274,000385
Fortaleza20,100164,530,0001385
FUBODE29,40024,444,000785
FUNBODEM8,60015,798,000985
IDEPRO10,40040,479,000285
IMPRO2,4002,885,000485
ProCredit84,300257,487,0008126
PRODEM44,90062,529,000485
ProMujer BOL115,20050,753,000385
Sartawi14,60026,842,000885
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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