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Institution

Future Financial Servicess Ltd. #17/1, GRA Tower, Ambalipura Main RoadOff. Sarjapur Road, Agara PostBangalore, Karnataka560 103
Data approved: 2012-06-08
Data version: 2
Age of data: -   months 

Institution

Mbinga Community Bank Ltd Head QuartersMbinga, RuvumaPO Box 290
Data approved: 2013-03-20
Data version: 2
Age of data: 128 months

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?Yes
Website addresshttp://www.ffslmfi.com/
Year established2007
Head of InstitutionG. Dashratha Reddy
Regions active0
# Branches110

Total Portfolio (nat'l)INR 1,783,129,397
Total Portfolio (USD)USD 39,625,097.71
Active clients with loans205,173
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliationsMFIN, Sa-Dhan

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addressN/A
Year established2003
Head of InstitutionShedehva Optat
Regions activeRuvuma
# Branches1

Total Portfolio (nat'l)TZS 4,748,143,743
Total Portfolio (USD)USD 2,986,253.93
Active clients with loans1,069.80
Approximate % female clients20% - 40%
Approximate % urban clients20% - 40%
Network affiliationsCommunity Bank Association
FundersFinancial Sector Deepening, Agricultural Trust Fund

Loan Products » Summary

2,615 Borrowers
USD 493,644 Portfolio
Active Product
20,684 Borrowers
USD 1,927,771 Portfolio
Active Product
159,569 Borrowers
USD 32,743,928 Portfolio
Active Product
45,604 Borrowers
USD 6,881,170 Portfolio
Active Product

Loan Products » Summary

86 Borrowers
USD 186,986.65 Portfolio
Active Product
58 Borrowers
USD 1,104,205.77 Portfolio
Active Product
882.70 Borrowers
USD 1,695,061.51 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 6,000 - 35,000 12 - 24 80% - 100% 0% - 20% Business Women, Age between 18 to 58 years Group Mtgs, Credit Ins, Other Training
Weekly Loan INR 6,000 - 15,000 12 80% - 100% 80% - 100% Business Women, Must be between 18-58 years Group Mtgs, Credit Ins, Other Training

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Salary Loan TZS 300,000 - 6,000,000 12 60% - 80% 40% - 60% Any Purpose Women, Men, Salaried worker Group Mtgs, Business Training
Small Business Loan TZS 1,000,000 - 45,000,000 3 - 18 20% - 40% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Solidarity Group Loan TZS 500,000 - 3,500,000 1 - 12 40% - 60% 20% - 40% Business, Agriculture Women, Men, Must run agricultural activities or business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business 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
Daily Loan 0% 43% - 43.9% 53% - 57.1% N/A
Midterm Loan 0% 24.5% 30.2% N/A
Monthly Loan 24.5% 24.5% - 28.7% 29.9% - 31.4% 100
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 2 Fees 0 Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins None N/A 24.5% - 28.7% 29.9% - 31.4% 84
Weekly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins None N/A 27.3% - 28.3% 31.4% - 34.8% 81

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Salary Loan 24.00% annual, Flat 2 Fees 1 Ins None N/A 48.7% - 57.2% 50% - 59.8% 41
Small Business Loan 10.00%-24.00% annual, Flat 3 Fees 1 Ins None N/A 58.6% - 71.7% 61.2% - 77% 15
Solidarity Group Loan 10.00%-30.00% annual, Flat 2 Fees 1 Ins None 30.00% upfront 14.2% - 94.9% 22.9% - 242.9% 8

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 24.5% 24.5% - 28.7% 29.9% - 31.4% 100
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 2 Fees 0 Ins Ins None 500.00 upfront 24.5% 30.2% N/A
Monthly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 24.5% - 28.7% 29.9% - 31.4% 84
Weekly Loan 26.0% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 27.3% - 28.3% 31.4% - 34.8% 81

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Salary Loan 24.00% annual, Flat 2 Fees 1 Ins Ins None N/A 48.7% - 57.2% 50% - 59.8% 41
Small Business Loan 10.00%-24.00% annual, Flat 3 Fees 1 Ins Ins None N/A 58.6% - 71.7% 61.2% - 77% 15
Solidarity Group Loan 10.00%-30.00% annual, Flat 2 Fees 1 Ins Ins None 30.00% upfront 14.2% - 94.9% 22.9% - 242.9% 8
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