Institution

Future Financial Services Ltd. 4-368/1,C.B. RoadAndhra Pradesh, Andhra Pradesh517002
Data approved: 2010-10-25
Data version: 1
Age of data: -   months 

Institution

DAASGIFT Quality Foundation - FNGO Head OfficeTakoradi, WesternPO Box TD 1369
Data approved: 2013-05-27
Data version: 2
Age of data: 132 months

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?N/A
Website addresshttp://www.ffslmfi.com/
Year established2007
Head of InstitutionG. Dashrath Reddy
Regions active0
# Branches83

Total Portfolio (nat'l)INR 2,410,743,660
Total Portfolio (USD)USD 53,572,081.33
Active clients with loans270,185
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliations

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.daasgift.org/
Year established2006
Head of InstitutionMrs Gifty Baaba Asmah
Regions activeWestern Region
# Branches2

Total Portfolio (nat'l)GHS 254,310
Total Portfolio (USD)USD 129,091.37
Active clients with loans3,862
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliationsGHAMFIN, ASSFIN, AGSI, Microcredit Summit Campaign
FundersE&CO, CHF International, Global Giving, Coastal Resource Centre

Loan Products » Summary

2,615 Borrowers
USD 493,644 Portfolio
Active Product
20,684 Borrowers
USD 1,927,771 Portfolio
Active Product
150,704 Borrowers
USD 34,082,156 Portfolio
Active Product
116,866 Borrowers
USD 17,068,510 Portfolio
Active Product

Loan Products » Summary

1,120 Borrowers
USD 41,868.02 Portfolio
Active Product
632 Borrowers
USD 21,416.24 Portfolio
Active Product
Retired Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Daily Loan INR 6,000 - 20,000 3.3 - 4.6 0% - 20% 80% - 100% Business Women, Men, Must be the family member of weekly borrower, Age between 18 to 55 Years Credit Educ, Group Mtgs, Credit Ins
Midterm Loan INR 8,000 - 8,000 10 80% - 100% 80% - 100% Business Women, Must be a weekly Loan borrower, age between 18 to 55 years Credit Educ, Group Mtgs, Credit Ins
Monthly Loan INR 12,000 - 18,000 15 80% - 100% 20% - 40% Business Women, Must be Married, Age between 18 to 55 years Credit Educ, Group Mtgs, Credit Ins
Weekly Loan INR 12,000 - 18,000 11.5 80% - 100% 80% - 100% Business Women, Must be Married, Age between 18 to 58 years Credit Educ, Group Mtgs, Credit Ins

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Energy (Clean Cookstoves) GHS 100 - 2,000 3 - 6 80% - 100% 60% - 80% Business, Consumer Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Energy (Solar Lanterns) GHS 80 - 950 3 - 6 40% - 60% 80% - 100% Business, Consumer Women, Men Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits

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
Daily Loan 0% 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 0% 24.5% 30.2% N/A
Monthly Loan 0% 24.5% - 28.7% 29.9% - 31.4% N/A
Weekly Loan 0% 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Daily Loan 12.8% annual, Flat 1 Fee 0 Ins None 500.00 upfront 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 12.0% annual, Flat 1 Fee 0 Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 21.0% annual, Decl Bal 1 Fee 1 Ins None 1,000.00 upfront 24.5% - 28.7% 29.9% - 31.4% N/A
Weekly Loan 12.5% annual, Flat 0 Fees 0 Ins None 1,000.00 upfront 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Energy (Clean Cookstoves) 24.00%-36.00% annual, Flat 0 Fees 0 Ins None N/A 66.5% - 68.1% 66.5% - 68.1% 35
Energy (Solar Lanterns) 24.00%-36.00% annual, Flat 0 Fees 0 Ins None 10.00% upfront 39.3% - 59.1% 46.7% - 70% 41

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
Daily Loan 0% 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 0% 24.5% 30.2% N/A
Monthly Loan 0% 24.5% - 28.7% 29.9% - 31.4% N/A
Weekly Loan 0% 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Daily Loan 12.8% annual, Flat 1 Fee 0 Ins Ins None 500.00 upfront 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 12.0% annual, Flat 1 Fee 0 Ins Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 21.0% annual, Decl Bal 1 Fee 1 Ins Ins None 1,000.00 upfront 24.5% - 28.7% 29.9% - 31.4% N/A
Weekly Loan 12.5% annual, Flat 0 Fees 0 Ins Ins None 1,000.00 upfront 27.3% - 28.3% 31.4% - 34.8% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Energy (Clean Cookstoves) 24.00%-36.00% annual, Flat 0 Fees 0 Ins Ins None N/A 66.5% - 68.1% 66.5% - 68.1% 35
Energy (Solar Lanterns) 24.00%-36.00% annual, Flat 0 Fees 0 Ins Ins None 10.00% upfront 39.3% - 59.1% 46.7% - 70% 41
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Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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