Institution

Nano Financial Services India Private Limited H NO 6-3-1099/1/14 & 15,Flat No 301, Lake Melody ApartmentsNear Katriya Hotel,Raj Bhavan Road,Somajiguda,Hyderabad, Andhra Pradesh500082
Data approved: 2010-10-25
Data version: 1
Age of data: 164 months

Institution

Sekam Trust International Tulaku, behind AmalBankPBM 16AF, Adenta FlatsTulaku, Ashaiman, Greater Accra233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionK. Ravikumar
Regions active
# Branches13

Total Portfolio (nat'l)INR 194,002,175
Total Portfolio (USD)USD 3,660,418.40
Active clients with loans28,501
Approximate % female clients80% - 100%
Approximate % urban clients20% - 40%
Network affiliations

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.sekamtrustghana.org/
Year established2008
Head of InstitutionSiegfried Kofi Gbadago
Regions active0
# Branches2

Total Portfolio (nat'l)GHS 150,000
Total Portfolio (USD)USD 100,000
Active clients with loans800
Approximate % female clients60% - 80%
Approximate % urban clients0% - 20%
Network affiliationsGCSCA, ASSFIN
FundersIntent Foundation

Loan Products » Summary

16,336 Borrowers
USD 3,162,175.57 Portfolio
Active Product
9,295 Borrowers
USD 498,211.89 Portfolio
Active Product

Loan Products » Summary

32 Borrowers
USD 30,000 Portfolio
Active Product
500 Borrowers
USD 40,000 Portfolio
Active Product
40 Borrowers
USD 30,000 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
AP-JLGD21T12ME INR 9,000 - 15,000 12 80% - 100% 20% - 40% Any Purpose Women Credit Educ, Group Mtgs, Credit Ins
TN-JLGF12T12ME INR 6,000 - 12,000 12 80% - 100% 0% - 20% Any Purpose Women Credit Educ, Group Mtgs, Credit Ins

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loan 0 0 60% - 80% 60% - 80%
Group Loan GHS 200 - 500 3 - 6 80% - 100% 0% - 20%
Salary Workers Loan 0 0 0% - 20% 0% - 20%

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
AP-JLGD21T12ME 0% 25.7% 26.6% N/A
TN-JLGF12T12ME 0% 25.7% 26.7% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
AP-JLGD21T12ME 21.0% annual, Decl Bal 0 Fees 1 Ins None N/A 25.7% 26.6% 79
TN-JLGF12T12ME 12.0% annual, Flat 0 Fees 1 Ins None N/A 25.7% 26.7% 45

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 0.00% annual, 0 0 Fees 0 Ins 117.3% - 125.7% 193.8% - 233.8%
Group Loan 60.00%-0.00% annual, Flat 1 Fee 0 Ins 131.5% - 141.8% 245.8% - 266.1% 23
Salary Workers Loan 0.00% annual, 0 0 Fees 0 Ins 114.6% - 137.1% 114.6% - 137.1%

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
AP-JLGD21T12ME 0% 25.7% 26.6% N/A
TN-JLGF12T12ME 0% 25.7% 26.7% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
AP-JLGD21T12ME 21.0% annual, Decl Bal 0 Fees 1 Ins Ins None N/A 25.7% 26.6% 79
TN-JLGF12T12ME 12.0% annual, Flat 0 Fees 1 Ins Ins None N/A 25.7% 26.7% 45

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 0.00% annual, 0 0 Fees 0 Ins Ins 117.3% - 125.7% 193.8% - 233.8%
Group Loan 60.00%-0.00% annual, Flat 1 Fee 0 Ins Ins 131.5% - 141.8% 245.8% - 266.1% 23
Salary Workers Loan 0.00% annual, 0 0 Fees 0 Ins Ins 114.6% - 137.1% 114.6% - 137.1%
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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