2. FFSL
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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 
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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

Loan Products » Summary

Daily Loan
2,615 Borrowers
USD 493,644 Portfolio
Active Product
Midterm Loan
20,684 Borrowers
USD 1,927,771 Portfolio
Active Product
Monthly
150,704 Borrowers
USD 34,082,156 Portfolio
Active Product
Weekly Loan
116,866 Borrowers
USD 17,068,510 Portfolio
Active 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 » 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
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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
Institution Price Graph
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Institution # Borrowers Portfolio (US$) Products Age of Data
ACAWE10016,0002149
AfricaWorks6,5001,843,0008111
AZADER2003,0002150
BOM18,9006,422,0003119
CCOM9,1002,995,0006134
FDM7,2001,002,0004134
Hluvuku-ADSEMA5,3002,959,0003134
IRAM000134
ProCredit000134
Tchuma000134
SOCREMO-N/A161
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Key Statistics
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Loan Portfolio (USD)
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% Products with one or more fee
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% Products with compulsory deposits
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