2. Grameen Koota
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Grameen Financial Services Pvt. Ltd. (Grameen Koota) AvalahaliJP Nagar-9th PhaseBanglore, Karnataka560062
Data approved: 2011-03-25
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?Yes
Website addresshttp://www.gfspl.in/
Year established1999
Head of InstitutionSuresh K. Krishna
Regions active0
# Branches146

Total Portfolio (nat'l)INR 3,301,716,632
Total Portfolio (USD)USD 73,371,480.71
Active clients with loans352,648
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliations

Loan Products » Summary

Emergency
141,602 Borrowers
USD 1,786,748.33 Portfolio
Active Product
Water Conn
3,527 Borrowers
USD 169,901.98 Portfolio
Active Product
General Loan
330,348 Borrowers
USD 68,553,024.87 Portfolio
Active Product
IGL-Pragati
161,167 Borrowers
USD 22,289,822.22 Portfolio
Active Product
IGL-Pragati+
8,394 Borrowers
USD 416,351.80 Portfolio
Active Product
Income Generating Loan
330,348 Borrowers
USD 68,553,024.87 Portfolio
Active Product
Individual Loan
2,684 Borrowers
USD 913,616.38 Portfolio
Active Product
Individual Loan (Offered by "Maarg" Division of GFS)
2,684 Borrowers
USD 913,616.38 Portfolio
Active Product
Sanitation
5,260 Borrowers
USD 600,135 Portfolio
Active Product
Siksha Loan
10 Borrowers
USD 1,777.78 Portfolio
Active Product
Supplementary Loan
37,317 Borrowers
USD 2,105,257.11 Portfolio
Active Product
Supplementary Loan 2
37,317 Borrowers
USD 2,105,257.11 Portfolio
Active Product
Water and Sanitation Loan
77 Borrowers
USD 11,525.33 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Emergency Loan INR 500 - 1,000 2.5 80% - 100% 20% - 40% Business, Housing, Consumer, Education, Other Women Credit Educ, Group Mtgs, Business Training
Water Connection Loan INR 5,000 - 5,000 24 80% - 100% 0% - 20% Housing, For taking water connection Women, Have home or land Credit Educ, Group Mtgs, Credit Ins, Business Training
General Loan INR 2,000 - 30,000 11.5 80% - 100% 20% - 40% Business, From 4th loan cycle allowed for Welfae activities Women Credit Educ, Group Mtgs, Credit Ins, Business Training
IGL-Pragati INR 5,000 - 15,000 12 80% - 100% 0% - 20% Business Women
IGL-Pragati Plus INR 16,000 - 25,000 24 80% - 100% 0% - 20% Business Women
Income Generating Loan INR 2,000 - 30,000 11.5 80% - 100% 20% - 40% Business, Housing, Consumer, Education, Other, From 4th loan cycle the loan can be utilised for w Women Credit Educ, Group Mtgs, Credit Ins, Business Training
Individual Loan INR 20,000 - 50,000 3 - 9 20% - 40% 80% - 100% Business Women, Men, Have business Credit Educ
Individual Loan (Offered by "Maarg" Division of GFS) INR 20,000 - 50,000 3 - 9 20% - 40% 80% - 100% Business Women, Men, Have business Credit Educ
Sanitation Loan INR 7,000 - 10,000 24 80% - 100% 0% - 20% Housing, For construction of toilets Women, Have home or land Group Mtgs, Business Training
Siksha Loan INR 10,000 - 15,000 3 - 6 0% - 20% 80% - 100% Education Women, Men Credit Educ, Group Mtgs
Supplementary Loan INR 2,000 - 4,000 6 80% - 100% 20% - 40% Business Women Credit Educ, Group Mtgs, Business Training
Supplementary Loan 2 INR 2,000 - 4,000 6 80% - 100% 20% - 40% Business Women Credit Educ, Group Mtgs, Business Training
Water and Sanitation Loan INR 7,000 - 7,000 23.2 80% - 100% 0% - 20% Housing Women, Have home or land 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
Emergency Loan 0% 29.1% 30.1% N/A
Water Connection Loan 0% 22.2% 23.1% N/A
General Loan 28.4% 28.4% - 30.8% 30.1% - 41.4% N/A
IGL-Pragati 0% 27.9% - 28.2% 29.9% - 32.4% N/A
IGL-Pragati Plus 0% 26.2% - 27.1% 27.6% - 28.1% N/A
Income Generating Loan 0% 0% 0% N/A
Individual Loan 0% 41.3% - 41.4% 42.7% - 44.1% N/A
Individual Loan (Offered by "Maarg" Division of GFS) 0% 0% 0% N/A
Sanitation Loan 0% 22.2% 22.9% - 23.3% N/A
Siksha Loan 0% 30.5% - 31.8% 30.5% - 31.8% N/A
Supplementary Loan 0% 36.3% - 36.4% 36.3% - 36.4% N/A
Supplementary Loan 2 0% 0% 0% N/A
Water and Sanitation Loan 0% 22.8% 23.8% N/A
*Please click here for more information

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Emergency Loan 0.0% annual, Decl Bal 0 Fees 0 Ins None N/A 29.1% 30.1% 0
Water Connection Loan 21.0% annual, Decl Bal 1 Fee 0 Ins None N/A 22.2% 23.1% 91
General Loan 24.0% annual, Decl Bal 2 Fees 0 Ins None N/A 28.4% - 30.8% 30.1% - 41.4% N/A
IGL-Pragati 26.0% annual, Decl Bal 1 Fee 1 Ins None N/A 27.9% - 28.2% 29.9% - 32.4% 83
IGL-Pragati Plus 26.0% annual, Decl Bal 1 Fee 0 Ins None N/A 26.2% - 27.1% 27.6% - 28.1% 93
Income Generating Loan 24.0% annual, Decl Bal 1 Fee 0 Ins None N/A 0% 0% N/A
Individual Loan 28.3% annual, Decl Bal 0 Fees 0 Ins None N/A 41.3% - 41.4% 42.7% - 44.1% 70
Individual Loan (Offered by "Maarg" Division of GFS) 28.3% annual, Decl Bal 0 Fees 0 Ins None N/A 0% 0% N/A
Sanitation Loan 21.0% annual, Decl Bal 1 Fee 0 Ins None N/A 22.2% 22.9% - 23.3% 91
Siksha Loan 28.3% annual, Decl Bal 1 Fee 0 Ins None N/A 30.5% - 31.8% 30.5% - 31.8% 91
Supplementary Loan 23.6% annual, Decl Bal 1 Fee 0 Ins None N/A 36.3% - 36.4% 36.3% - 36.4% 65
Supplementary Loan 2 23.6% annual, Decl Bal 0 Fees 0 Ins None N/A 0% 0% N/A
Water and Sanitation Loan 20.0% annual, Decl Bal 1 Fee 0 Ins None N/A 22.8% 23.8% N/A
Institution Price Graph
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  2. TCCU
Please note that the information you are viewing is 133 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Tamale Community Credit Union Head OfficeTamale, Northern Region
Data approved: 2013-04-29
Data version: 2
Age of data: 133 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 32,000
Portfolio (USD)USD 16,243.65
Active Clients with Loans89
Approximate % Female Clients40% - 60%
Approximate % Urban Clients20% - 40%
Methodology
Individualx
Solidarity group
Village banking
Self help groupx
Other
Description
Designed for individuals starting businesses or financing an existing business.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 150
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00030%
GHS 1,000-5,00030%
GHS 5,000-7,50020%
GHS 7,500-10,00020%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term18.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less20%
Between 4 and 6 months20%
Between 7 and 9 months10%
Between 10 and 12 months20%
Between 13 and 18 months30%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionLoan Protection Plan Fee
% of loan amount - min0.50%
% of loan amount - max1.20%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationExact Calculation = (Principal X No. of Monthly Repayments) / 1000
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited50.00%
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Business Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountGHS 400GHS 1,000GHS 2,000GHS 3,000GHS 5,000GHS 8,000
Loan Cycle (1, 2, 3, etc)111566
Disbursement Date2013-02-142013-03-262012-11-302012-12-142013-03-202013-03-08
Loan Term (Months)5.0 months12.0 months12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditGHS 42GHS 217GHS 434GHS 651GHS 1,085GHS 1,736
True Price by Comp           
Interest price component36.0%36.0%36.0%36.0%36.0%36.0%
Fee Component4.2%2.1%2.1%2.1%2.1%2.1%
Insurance Component2.2%2.5%2.5%2.5%2.5%2.5%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component132.7%121.7%121.7%121.7%121.7%121.7%
Full APR (int fee ins tax dep)175.1%162.3%162.3%162.3%162.3%162.3%
Transparency Index212222222222
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Business Loan Price Graphs


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