| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.sonataindia.com/ |
| Year established | 2006 |
| Head of Institution | Anup Kumar Singh |
| Regions active | 0 |
| # Branches | 121 |
| Total Portfolio (nat'l) | INR 905,699,293 |
| Total Portfolio (USD) | USD 20,126,650.96 |
| Active clients with loans | 128,606 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.africangatesupport.com/ |
| Year established | 2008 |
| Head of Institution | Joris Eduamah |
| Regions active | Western Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 93,619 |
| Total Portfolio (USD) | USD 47,522.34 |
| Active clients with loans | 225 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
| Funders | Neurotical Ideas Ltd |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | INR 8,500 - 19,650 | 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 |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | GHS 100 - 5,000 | 1 - 6 | 80% - 100% | 40% - 60% | Business, Housing, Consumer, Education | Women, Men | Group Mtgs, Business Training |
| 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 | 29.5% | 29.5% - 31% | 30.6% - 32.4% | 95 | ||||||||||
| Individual Loan | 0% | 34% - 34.6% | 35.1% - 35.8% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 28.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 29.5% - 31% | 30.6% - 32.4% | 88 | ||||||||
| Individual Loan | 32.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 34% - 34.6% | 35.1% - 35.8% | 90 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 72.00%-88.20% annual, Flat | 1 Fee | 0 | None | 20.00%- upfront | 168.1% - 207.8% | 242.2% - 311.7% | 25 |
| 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 | 29.5% | 29.5% - 31% | 30.6% - 32.4% | 95 | ||||||||||
| Individual Loan | 0% | 34% - 34.6% | 35.1% - 35.8% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 28.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 29.5% - 31% | 30.6% - 32.4% | 88 | ||||||||
| Individual Loan | 32.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 34% - 34.6% | 35.1% - 35.8% | 90 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 72.00%-88.20% annual, Flat | 1 Fee | 0 | None | 20.00%- upfront | 168.1% - 207.8% | 242.2% - 311.7% | 25 |
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