Please note that the information you are viewing is
134 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: 2011-11-16
Data version: 2
Age of data: - months
Key Statistics
| Outstanding portfolio (INR) | INR 28,204,404.10 |
| Portfolio (USD) | USD 626,765 |
| Active Clients with Loans | 2,043 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 80% - 100% |
Methodology
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | x |
| Other | |
Description
INCOME GENERATION LOAN - FORTNIGHTLY 15K
Loan Purpose
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) | |
Included Services
| Credit education | x |
| Group meetings | x |
| Credit insurance | |
| Workplace visits | x |
| Business training | x |
| Other training | x |
| Other | |
| Other (2) | |
| No other services | |
Eligibility
| Men | |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| 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 | N/A |
| # Regions for this product | N/A |
| Regions Active | |
Loan Conditions
Loan Amount
| Currency | INR |
| Minimum loan size | INR 15,000 |
| Maximum loan size | 15,000 |
Loan Term and Grace Period
| Shortest loan term | 16.5 months |
| Longest loan term | 16.5 months |
| Approx average | 16.5 months |
Distribution at Disbursement (Est.)
| Loans 3 months or less | N/A |
| Between 4 and 6 months | N/A |
| Between 7 and 9 months | N/A |
| Between 10 and 12 months | N/A |
| Between 13 and 18 months | N/A |
| Longer than 18 months | N/A |
Grace Period
| Grace period usage | 0 |
| Average grace period | 0 |
Repayment Frequency
| Daily | |
| Weekly | |
| Every 2 weeks | x |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments | |
Pricing Information
Interest
| Lowest quoted nominal interest | 26.00% |
| Highest quoted nominal interest | 26.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | Yes |
Upfront Fees
| Fee 1 |
|---|
| Description | PROCESSING FEES |
| % of loan amount - min | 1.00% |
| % of loan amount - max | 1.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | |
| Appears on Repayment Sched? | Yes |
Ongoing Fees
This product has no ongoing feesUpfront Insurance Fees
| Ins 1 |
|---|
| Description | LIFE INSURANCE OF RS 15000 EACH FOR MEMBER AND GUARANTOR FOR 18 MONTHS TENOR. |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 175 |
| Fixed amount - max | 175 |
| Reason for variation | |
| Appears on Repayment Sched? | Yes |
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
Deposit BEFORE or AT Disbursement
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
Deposits DURING period payments
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
Interest Paid on Deposit
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
Taxes
| Are taxes charged on this product? | No |
Full Pricing Data
IGF02 samples
No sample data for this product
IGF02 Price Graphs
No sample data for this product
Please note that the information you are viewing is
134 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: 2010-10-25
Data version: 1
Age of data: - months
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | N/A |
| Website address | http://www.ujjivan.com/ |
| Year established | 2005 |
| Head of Institution | Samit Ghosh |
| Regions active | 0 |
| # Branches | 303 |
| Total Portfolio (nat'l) | INR 5,128,997,735 |
| Total Portfolio (USD) | USD 113,977,727.40 |
| Active clients with loans | 665,778 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | Association of Karnataka Microfinance Inst (AKMI), Sa-Dhan, Microfinance Insitutions Network (MFIN), Women's World Banking |
1,779,253 Borrowers
USD 98,518,778 Portfolio
Active Product
15,770 Borrowers
USD 545,976 Portfolio
Active Product
191,591 Borrowers
USD 94,071 Portfolio
Active Product
420,037 Borrowers
USD 26,949,155 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Business Loan |
|
INR 6,000 - 25,000 |
|
12 - 18 |
|
80% - 100% |
|
80% - 100% |
|
Business |
|
Women, Have business, Can also be taken for spouses/son's business |
|
Credit Educ, Group Mtgs |
| Education Loan |
|
INR 3,000 - 10,000 |
|
12 |
|
80% - 100% |
|
80% - 100% |
|
Education, Can only be used for education |
|
Women |
|
Credit Educ, Group Mtgs |
| Emergency Loan |
|
INR 2,000 - 2,000 |
|
6 |
|
80% - 100% |
|
80% - 100% |
|
Other, Only for emergency use, Can NOT be used for business |
|
Women |
|
Group Mtgs |
| Family Loan |
|
INR 6,000 - 25,000 |
|
12 |
|
80% - 100% |
|
80% - 100% |
|
Housing, Consumer, Education, Other |
|
Women |
|
Credit Educ, Group Mtgs |
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 |
| Business Loan |
|
0% |
|
27.2% |
|
29.6% |
|
|
|
|
|
|
|
N/A |
| Education Loan |
|
0% |
|
24.1% |
|
24.8% |
|
|
|
|
|
|
|
N/A |
| Emergency Loan |
|
0% |
|
23.8% |
|
23.8% |
|
|
|
|
|
|
|
N/A |
| Family Loan |
|
0% |
|
27.2% |
|
29.6% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Business Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
0 Ins |
|
None |
|
N/A |
|
27.2% |
|
29.6% |
|
88 |
| Education Loan |
|
23.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
24.1% |
|
24.8% |
|
93 |
| Emergency Loan |
|
25.0% annual, Decl Bal |
|
0 Fees |
|
0 Ins |
|
None |
|
N/A |
|
23.8% |
|
23.8% |
|
100 |
| Family Loan |
|
26.0% annual, Decl Bal |
|
1 Fee |
|
1 Ins |
|
None |
|
N/A |
|
27.2% |
|
29.6% |
|
88 |
