Please note that the information you are viewing is
136 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2010-11-15
Data version: 1
Age of data: - months
Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | N/A |
Year established | 2006 |
Head of Institution | Anup Kumar Singh |
Regions active | 0 |
# Branches | 67 |
Total Portfolio (nat'l) | INR 564,467,878 |
Total Portfolio (USD) | USD 12,543,730.62 |
Active clients with loans | 85,897 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations | |
85,804 Borrowers
USD 12,505,761.20 Portfolio
Active Product
93 Borrowers
USD 37,969.42 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 8,600 - 19,150 |
|
5.8 - 11.6 |
|
80% - 100% |
|
20% - 40% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins |
Individual Loan |
|
INR 20,000 - 35,000 |
|
12 - 24 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women, Men, Have business |
|
Credit Educ, 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 |
Income Generating Loan |
|
0% |
|
35.4% - 37.3% |
|
36.8% - 39.4% |
|
|
|
|
|
|
|
N/A |
Individual Loan |
|
0% |
|
0% |
|
0% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
Income Generating Loan |
|
18.0% annual, Flat |
|
2 Fees |
|
0 Ins |
|
None |
|
N/A |
|
35.4% - 37.3% |
|
36.8% - 39.4% |
|
48 |
Individual Loan |
|
32.0% annual, Decl Bal |
|
2 Fees |
|
0 Ins |
|
None |
|
N/A |
|
0% |
|
0% |
|
N/A |
Please note that the information you are viewing is
136 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2013-05-14
Data version: 3
Age of data: 136 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
Outstanding portfolio (INR) | 0 |
Portfolio (USD) | |
Active Clients with Loans | 0 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 0 |
Description
It is a product in Social Welfare category. For contructing house
Loan Purpose
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) | |
Eligibility
Men | |
Women | x |
Must run a business | |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Household income <60,000 INR | |
Household income <120,000 INR | |
Must live in rural area | |
Must lives in urban area | |
Other | |
Other (2) | |
Portfolio Size by Product
Geographic Coverage
# Regions for this institution | 3 |
# Regions for this product | N/A |
Regions Active | |