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Institution

Nirantara Community Services Head Office: #123, Shantaveera, 1st Floor, 10th Main2nd Cross, Shankarnagar, Mahalakshmi LayoutBangalore, Karnataka560096
Data approved: 2010-11-15
Data version: 1
Age of data: 113 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established2007
Head of InstitutionNiranjan Sheelavant
Regions active
# Branches6

Total Portfolio (nat'l)INR 48,626,144
Total Portfolio (USD)USD 917,474.42
Active clients with loans8,267
Approximate % female clients80% - 100%
Approximate % urban clients60% - 80%
Network affiliations

Loan Products » Summary

IGL
155 Borrowers
USD 28,828 Portfolio
Active Product
IGL
8,112 Borrowers
USD 888,646.42 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Income Generation Loan (IGL) - FNR - IGL INR 5,000 - 12,000 16.8 - 18 80% - 100% 20% - 40% Business Women Credit Educ, Group Mtgs, Credit Ins, Other Training, Financial Literacy Programs, Community Contact Programs
Income Generation Loan (IGL) INR 5,000 - 20,000 11.7 80% - 100% 60% - 80% Business Women Credit Educ, Group Mtgs, Credit Ins, Financial Literacy Programs, Community Contact Programs

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
Income Generation Loan (IGL) - FNR - IGL 0% 31% 34.2% - 37.4% N/A
Income Generation Loan (IGL) 0% 33.7% 36.5% - 39.3% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Income Generation Loan (IGL) - FNR - IGL 27.9% annual, Decl Bal 1 Fee 1 Ins None N/A 31% 34.2% - 37.4% 79
Income Generation Loan (IGL) 15.0% annual, Flat 1 Fee 1 Ins None N/A 33.7% 36.5% - 39.3% 39
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001113
CEPESIU2,000939,0004113
COAC 4 Octubre2,2005,771,0002113
COAC Ambato1,30016,415,0002113
COAC FondVida2,5004,200,0004113
COAC LaBenefica2,5008,482,0006113
COAC MCCH5,30010,020,0002113
COAC Nacional30,70027,129,0002113
COAC San José10,40029,133,0005113
COAC SanAntonio1,0002,384,0003113
COAC SantaAnita2,0002,532,0006113
Codesarrollo14,40040,328,0007113
Coop San Miguel1,8004,754,0005110
CooP VPR7001,052,0004113
Cooprogreso7,90032,244,0004113
Credi Fe100,900380,039,0004113
D^Miro36,90027,692,0009106
DECOF2,200705,0002113
Espoir62,10021,036,0005113
FODEMI28,20012,924,0003113
Fundacion Alternativa4,3005,545,0002113
FUNDAMIC2,0001,468,0002113
INSOTEC7,0006,047,0004113
Luz del Valle6,40011,300,0003113
ProCredit43,800211,941,0002113
PS Ambato5,6002,771,0001113
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Key Statistics
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# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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