| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.sccimicrofinance.com/ |
| Year established | 1995 |
| Head of Institution | Mrs. R.Girija |
| Regions active | 0 |
| # Branches | 83 |
| Total Portfolio (nat'l) | INR 892,862,262 |
| Total Portfolio (USD) | USD 19,841,383.60 |
| Active clients with loans | 121,066 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | MFIN |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | n/a |
| Year established | 2008 |
| Head of Institution | Amadu Montia |
| Regions active | Northern Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 1,905,561.29 |
| Total Portfolio (USD) | USD 967,289.99 |
| Active clients with loans | 5,143 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, GCSCA |
| Funders | MiDA |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fortnightly Loan | INR 10,000 - 10,000 | 12 - 13 | 80% - 100% | 60% - 80% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Monthly JLG | INR 8,000 - 16,000 | 8 - 10 | 80% - 100% | 60% - 80% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Weekly JLG | INR 10,000 - 26,000 | 10 - 13 | 80% - 100% | 60% - 80% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | GHS 1,000 - 30,000 | 1 - 3 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Group Loan | GHS 100 - 1,000 | 4 | 80% - 100% | 80% - 100% | Business | Women, Have business, Must be a group member and must have lived in the community for at least one year, Must have group guarantee | Credit Educ, Group Mtgs, Health and nutrition training, Clean up exercises (sanitation) |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fortnightly Loan | 0% | 0% | 0% | N/A | ||||||||||
| Monthly JLG | 0% | 0% | 0% | N/A | ||||||||||
| Weekly JLG | 0% | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fortnightly Loan | 13.5% annual, Flat | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A | ||||||||
| Monthly JLG | 13.5% annual, Flat | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A | ||||||||
| Weekly JLG | 12.5% annual, Flat | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fortnightly Loan | 0% | 0% | 0% | N/A | ||||||||||
| Monthly JLG | 0% | 0% | 0% | N/A | ||||||||||
| Weekly JLG | 0% | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fortnightly Loan | 13.5% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 0% | 0% | N/A | ||||||||
| Monthly JLG | 13.5% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 0% | 0% | N/A | ||||||||
| Weekly JLG | 12.5% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
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