Institution

Sonata Finance Private Limited 125B/6B Pt. Madan Mohan Malviya RoadGorge TownAllahabad, Uttar PradeshPO Box 211002
Data approved: 2013-01-09
Data version: 3
Age of data: 135 months

Institution

Banco de las Oportunidades (Banco de los Pobres) Calle 44 Nro. 52-165Medellin, Antioquia
Data approved: 2011-09-15
Data version: 1
Age of data: 160 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.sonataindia.com/
Year established2006
Head of InstitutionAnup Kumar Singh
Regions activeHaryana, Madhya Pradesh
# Branches108

Total Portfolio (nat'l)INR 1,204,379,246
Total Portfolio (USD)USD 22,724,136.72
Active clients with loans158,243
Approximate % female clients100%
Approximate % urban clients0% - 20%
Network affiliationsSa-Dhan, SAMN, MFIN, ACTED

Institution Details

Institution TypeBank
Is this institution regulated?No
Website addresshttp://www.medellin.gov.co/
Year established2002
Head of InstitutionMarta Beatriz Cifuentes Aguilar
Regions active
# Branches14

Total Portfolio (nat'l)COP 15,120,894,417
Total Portfolio (USD)USD 8,308,183.75
Active clients with loans11,125
Approximate % female clients60% - 80%
Approximate % urban clients40% - 60%
Network affiliations
Funders

Loan Products » Summary

152,607 Borrowers
USD 21,114,947.77 Portfolio
Active Product
3,843 Borrowers
USD 1,555,442.60 Portfolio
Active Product
1,793 Borrowers
USD 53,746.34 Portfolio
Active Product

Loan Products » Summary

7,149 Borrowers
USD 7,605,823.11 Portfolio
Active Product
3,273 Borrowers
USD 340,016.71 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Income Generating Loan INR 7,200 - 19,650 12.2 - 23.33 100% 0% - 20% Business Women, Low HH Inc, Med HH Inc Credit Educ, Group Mtgs, Credit Ins
Individual Loan INR 20,000 - 50,000 12 - 24 100% 0% Business Women, Have business Credit Educ, Credit Ins
Utility Finance INR 1,000 - 6,770 3.55 - 8.88 100% 20% - 40% Any Purpose Women Credit Educ, Group Mtgs, Other Training

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Banco de los pobres (por MEDA) COP 533,510 - 5,325,100 1 - 36 40% - 60% 80% - 100% Business, exclusivamente para creacion de empresas, inversionen activos fijos y/o capital de trabajo Women, Men Tech Asst Visits
CS Con Recursos B.P (Por Fomentamos) COP 50,000 - 1,000,000 2 - 4 60% - 80% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business 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
Income Generating Loan 25% - 25.4% 26.2% - 26.6% 27.5% - 28.8% Yes Yes Yes 100
Individual Loan 25.6% - 26.1% 26.5% - 27% 27.5% - 28.1% Yes Yes Yes 100
Utility Finance 23% - 26.2% 25.6% - 30.2% 26% - 30.7% Yes Yes NA 92

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Income Generating Loan 26.0% annual, Decl Bal 1 Fee 1 Ins None N/A 26.2% - 26.6% 27.5% - 28.8% 92
Individual Loan 26.0% annual, Decl Bal 1 Fee 1 Ins None N/A 26.5% - 27% 27.5% - 28.1% 93
Utility Finance 23.1%-26.0% annual, Decl Bal 1 Fee 0 Ins None N/A 25.6% - 30.2% 26% - 30.7% 80

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Banco de los pobres (por MEDA) 10.9% annual, Decl Bal 0 Fees 2 Ins None N/A 10.9% - 11.3% 15% - 18.1% 68
CS Con Recursos B.P (Por Fomentamos) 10.9% annual, Decl Bal 0 Fees 0 Ins None N/A 11.2% - 12% 11.2% - 12% 93

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 Generating Loan 25% - 25.4% 26.2% - 26.6% 27.5% - 28.8% Yes Yes Yes 100
Individual Loan 25.6% - 26.1% 26.5% - 27% 27.5% - 28.1% Yes Yes Yes 100
Utility Finance 23% - 26.2% 25.6% - 30.2% 26% - 30.7% Yes Yes NA 92

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Income Generating Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins None N/A 26.2% - 26.6% 27.5% - 28.8% 92
Individual Loan 26.0% annual, Decl Bal 1 Fee 1 Ins Ins None N/A 26.5% - 27% 27.5% - 28.1% 93
Utility Finance 23.1%-26.0% annual, Decl Bal 1 Fee 0 Ins Ins None N/A 25.6% - 30.2% 26% - 30.7% 80

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Banco de los pobres (por MEDA) 10.9% annual, Decl Bal 0 Fees 2 Ins Ins None N/A 10.9% - 11.3% 15% - 18.1% 68
CS Con Recursos B.P (Por Fomentamos) 10.9% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 11.2% - 12% 11.2% - 12% 93
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Key Statistics
# Samples:
# Products
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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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