Please note that the information you are viewing is
134 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-05-14
Data version: 3
Age of data: 134 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (INR) | 0 |
| Portfolio (USD) | |
| Active Clients with Loans | 0 |
| Approximate % Female Clients | 0 |
| Approximate % Urban Clients | 0 |
Description
It is a product in Social Welfare category. For contructing house
Loan Purpose
| Any purpose | |
| Income generation | |
| Mortgage/housing | x |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Eligibility
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Household income <60,000 INR | |
| Household income <120,000 INR | |
| Must live in rural area | |
| Must lives in urban area | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 3 |
| # Regions for this product | N/A |
| Regions Active | |
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
Institution
Data approved: 2013-01-10
Data version: 1
Age of data: 132 months
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.sarvodayanano.org |
| Year established | 1996 |
| Head of Institution | R. Asokkumar |
| Regions active | Tamil Nadu |
| # Branches | 92 |
| Total Portfolio (nat'l) | INR 312,483,125 |
| Total Portfolio (USD) | USD 5,895,908.02 |
| Active clients with loans | 51,039 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
9,444 Borrowers
USD 1,779,950.94 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Annapoorna |
|
INR 10,000 - 15,000 |
|
4.6 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women, Men, Low HH Inc, Med HH Inc |
|
Credit Educ |
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 |
| Annapoorna |
|
25.7% - 26.8% |
|
31% - 32.4% |
|
31.7% - 33.1% |
|
Yes |
|
Info awaited |
|
NA |
|
98 |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Annapoorna |
|
25.7% annual, Decl Bal |
|
1 Fee |
|
0 |
|
12.36% fees |
|
N/A |
|
31% - 32.4% |
|
31.7% - 33.1% |
|
79 |
