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Institution

Growing Opportunity Finance (India) Pvt. Ltd. No.12, Ramasamy Street, I FloorT. NagarChennai, Tamil Nadu600017
Data approved: 2011-01-01
Data version: 1
Age of data: 124 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.gopportunity.net/
Year established2006
Head of InstitutionMr. James. A. Reiff
Regions active
# Branches13

Total Portfolio (nat'l)INR 280,000,000
Total Portfolio (USD)USD 5,283,018.87
Active clients with loans65,000
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliations

Loan Products » Summary

1,205 Borrowers
USD 37,735.85 Portfolio
Active Product
31,727 Borrowers
USD 2,376,169.81 Portfolio
Active Product
800 Borrowers
USD 37,735.85 Portfolio
Active Product
31,539 Borrowers
USD 2,936,358.49 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Livestock Loan INR 12,000 - 20,000 12 - 24 80% - 100% 0% - 20% Business, Only for purchase of farm animals Women Group Mtgs, Other Training, Training from veterinarian, Health / Social Issue Training
Rural Trust Bank INR 3,000 - 15,000 6 - 12 80% - 100% 0% - 20% Business Women, Have business Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health / Social Issue Training
Student Loan INR 3,000 - 5,000 12 80% - 100% 60% - 80% Business, Education Women, Must have children of a qualified age in school, Must have completed one loan cycle with the MFI Other Training, Scholarships are available, some reserved for top scorers and others reserved for female students
Urban Trust Bank INR 3,000 - 25,000 6 - 12 80% - 100% 80% - 100% Business Women, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Health / Social Issue 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
Livestock Loan 0% 25.5% - 25.7% 25.5% - 25.7% N/A
Rural Trust Bank 0% 30.4% - 39.3% 30.4% - 39.3% N/A
Student Loan 0% 28.3% - 28.6% 28.3% - 28.6% N/A
Urban Trust Bank 0% 29.2% - 42.3% 29.2% - 42.3% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Livestock Loan 12.0% annual, Flat 1 Fee 0 Ins None N/A 25.5% - 25.7% 25.5% - 25.7% 47
Rural Trust Bank 12.0%-15.0% annual, Flat 1 Fee 1 Ins None N/A 30.4% - 39.3% 30.4% - 39.3% 34
Student Loan 15.0% annual, Flat 1 Fee 0 Ins None N/A 28.3% - 28.6% 28.3% - 28.6% 52
Urban Trust Bank 12.0%-15.5% annual, Flat 1 Fee 1 Ins None N/A 29.2% - 42.3% 29.2% - 42.3% 33
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,0002111
Ahantaman RB23,8009,896,000493
APED13,7001,876,000293
ASA Initiative4,400577,000493
ASA-Ghana71,60018,385,000293
ASPI80088,000693
Atwima Kwanwoma3,8001,788,000293
Baobab5,100967,000293
BestFUND13,0004,172,000393
Bonzali Rural10,4001,691,0004111
CashPhase83135,000293
CASUD1,100524,000193
CEDEF50054,000493
CFF10013,000193
CRAN3,6001,019,000293
DQF1,70063,000293
EASL9,20011,409,000693
East Mamprusi12,5002,268,000493
ELDA00093
EMPRETEC Ghana20056,000293
FASL13,50014,047,000893
Grameen Ghana9,500507,000393
ID-Ghana5,600953,000393
Innovative Finance2,700354,000393
Kraban Support7,700781,0005111
KRB4,0006,350,000393
Lower Pra RB34,0006,316,0003111
Maata-N-Tudu12,000941,000493
Mail Finance300288,000193
Markaz00093
Markaz Al Bishara10017,000193
MicrofinPlus Gh1,100251,000293
Nwabiagya RB4,0002,265,000393
OISL62,00027,232,000993
Pro Credit00093
Rich Step100101,000193
SAT147,60029,359,000493
Sekam Trust600137,000293
Simli Pong8,900463,0003111
SS Ghana20035,000193
TCCU10032,000393
The Bridge40032,0003111
Union RB3,8002,361,000493
Caps / Zoom options
Key Statistics
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