Ujjivan Financial Services Private Limited - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

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

Ujjivan Financial Services Private Limited #93, Jakkasandra ExtensionSarjapur Main Cross Road, Koramangala 1st BlockBangalore, KarnatakaPO Box 56003

Data approved: 2012-12-18

Data version: 2

Age of data: 132 months

Download Data

Analyze Data

Institution

Business Initiative and Management Assistance Services (BIMAS) 2299 EmbuKenya60100

Data approved: 2010-09-14

Data version: 1

Age of data: - months

Download Data

Analyze Data

Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.ujjivan.com/
Year established	2005
Head of Institution	Samit Ghosh
Regions active	Assam, Bihar, Goa, Gujarat, HaryanaJharkhand, Karnataka, Kerala, Maharashtra, Meghalaya, OrissaPunjab, Rajasthan, Tamil Nadu, Uttar Pradesh, Uttarakhand, West Bengal, Chandigarh, National Capital Territory of Delhi, Puducherry
# Branches	298

Total Portfolio (nat'l)	INR 8,831,317,978
Total Portfolio (USD)	USD 166,628,641.10
Active clients with loans	918,610
Approximate % female clients	80% - 100%
Approximate % urban clients	80% - 100%
Network affiliations	Association of Karnataka Microfinance Inst (AKMI), Sa-Dhan, MFIN, Women's World Banking

Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	N/A
Year established	1997
Head of Institution	Patrick Gathondu
Regions active	0
# Branches	5

Total Portfolio (nat'l)	KES 217,413,552
Total Portfolio (USD)	USD 2,625,767.54
Active clients with loans	11,645
Approximate % female clients	40% - 60%
Approximate % urban clients	40% - 60%
Network affiliations
Funders

Loan Products » Summary

Business

688,874 Borrowers

USD 119,564,143.30 Portfolio

Active Product

Education

5,676 Borrowers

USD 417,294.23 Portfolio

Active Product

Emergency

112 Borrowers

USD 1,935.47 Portfolio

Active Product

Family

212,667 Borrowers

USD 38,401,142.19 Portfolio

Active Product

Livestock

5,991 Borrowers

USD 2,464,108.25 Portfolio

Active Product

Loan Products » Summary

Hitimu

256 Borrowers

USD 34,515.71 Portfolio

Active Product

Imarika

242 Borrowers

USD 144,840.23 Portfolio

Active Product

Mama Plus

700 Borrowers

USD 132,300.70 Portfolio

Active Product

Mifugo

132 Borrowers

USD 47,793.73 Portfolio

Active Product

Msingi

9,794 Borrowers

USD 2,025,178.84 Portfolio

Active Product

Upesi

288 Borrowers

USD 15,867.10 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 - 50,000	12 - 24	80% - 100%	80% - 100%	Business	Women, Have business, Med HH Inc, Can be used for spouses/son's business	Credit Educ, Group Mtgs, Credit Ins, Financial Literacy Training, Life Insurance
Education Loan	INR 5,000 - 15,000	12	80% - 100%	80% - 100%	Education	Women, Med HH Inc	Credit Educ, Group Mtgs, Credit Ins, Financial literacy training, Scholarships by Parinaam Foundation for deserving students.
Emergency Loan	INR 2,000 - 2,000	6	80% - 100%	80% - 100%	Other, Emergency use only	Women, Med HH Inc	Group Mtgs
Family Loan	INR 6,000 - 35,000	12 - 24	80% - 100%	80% - 100%	Housing, Consumer, Education, Other	Women, Med HH Inc	Credit Educ, Group Mtgs, Credit Ins, Financial Literacy training, Life Insurance
Livestock Loan	INR 15,000 - 35,000	24	80% - 100%	0% - 20%	Business	Women, Med HH Inc	Credit Educ, Group Mtgs, Credit Ins

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Hitimu Loan	KES 15,000 - 30,000	6 - 12	40% - 60%	40% - 60%	Business	Women, Men	Credit Educ, Group Mtgs, Credit Ins, Business Training
Imarika Loan	KES 50,000 - 2,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mama Plus Loan	KES 10,000 - 100,000	6 - 12	80% - 100%	40% - 60%	Business	Women, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mifugo Loan	KES 50,000 - 80,000	9 - 12	40% - 60%	40% - 60%	Business, Agricultural loan	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Msingi Loan	KES 20,000 - 1,000,000	3 - 18	40% - 60%	40% - 60%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Upesi Loan	KES 10,000 - 20,000	3 - 6	40% - 60%	40% - 60%	Business, Other	Women, Men, Have business	Credit Educ, Group Mtgs, 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
Business Loan	23.7%	25.1% - 25.5%	26.7% - 28.2%	Yes	Yes	Yes	100
Education Loan	23.3% - 23.8%	25% - 25.7%	26.3% - 28.3%	Yes	Yes	Yes	100
Emergency Loan	23.3% - 24.4%	23.3% - 24.4%	23.3% - 24.4%	Yes	Yes	Yes	100
Family Loan	23.7% - 24.8%	25.1% - 26.7%	26.7% - 29.3%	Yes	Yes	Yes	100
Livestock Loan	25% - 26.9%	26% - 27.9%	32.4% - 34.9%	Yes	Yes	Yes	93

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Business Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins	12.36% fees	N/A	25.1% - 25.5%	26.7% - 28.2%	87
Education Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins	12.36% fees	N/A	25% - 25.7%	26.3% - 28.3%	87
Emergency Loan	24.0%-25.0% annual, Decl Bal	0 Fees	0 Ins	None	N/A	23.3% - 24.4%	23.3% - 24.4%	100
Family Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins	12.36% fees	N/A	25.1% - 26.7%	26.7% - 29.3%	86
Livestock Loan	24.0% annual, Decl Bal	1 Fee	2 Ins	12.36% fees	N/A	26% - 27.9%	32.4% - 34.9%	72

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Hitimu Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Imarika Loan	17.0% annual, Flat	1 Fee	1 Ins	None	4,000.00 upfront 200.00 ongoing	0%	0%	N/A
Mama Plus Loan	8.0% annual, Flat	1 Fee	1 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Mifugo Loan	17.0% annual, Flat	1 Fee	1 Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Msingi Loan	17.0% annual, Flat	0 Fees	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Upesi Loan	24.0% annual, Flat	1 Fee	0 Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A

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	23.7%	25.1% - 25.5%	26.7% - 28.2%	Yes	Yes	Yes	100
Education Loan	23.3% - 23.8%	25% - 25.7%	26.3% - 28.3%	Yes	Yes	Yes	100
Emergency Loan	23.3% - 24.4%	23.3% - 24.4%	23.3% - 24.4%	Yes	Yes	Yes	100
Family Loan	23.7% - 24.8%	25.1% - 26.7%	26.7% - 29.3%	Yes	Yes	Yes	100
Livestock Loan	25% - 26.9%	26% - 27.9%	32.4% - 34.9%	Yes	Yes	Yes	93

*Please click here for more information

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Business Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins Ins	12.36% fees	N/A	25.1% - 25.5%	26.7% - 28.2%	87
Education Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins Ins	12.36% fees	N/A	25% - 25.7%	26.3% - 28.3%	87
Emergency Loan	24.0%-25.0% annual, Decl Bal	0 Fees	0 Ins Ins	None	N/A	23.3% - 24.4%	23.3% - 24.4%	100
Family Loan	24.0%-25.0% annual, Decl Bal	1 Fee	1 Ins Ins	12.36% fees	N/A	25.1% - 26.7%	26.7% - 29.3%	86
Livestock Loan	24.0% annual, Decl Bal	1 Fee	2 Ins Ins	12.36% fees	N/A	26% - 27.9%	32.4% - 34.9%	72

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Hitimu Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Imarika Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	4,000.00 upfront 200.00 ongoing	0%	0%	N/A
Mama Plus Loan	8.0% annual, Flat	1 Fee	1 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Mifugo Loan	17.0% annual, Flat	1 Fee	1 Ins Ins	None	25.0% upfront 100.00 ongoing	0%	0%	N/A
Msingi Loan	17.0% annual, Flat	0 Fees	0 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A
Upesi Loan	24.0% annual, Flat	1 Fee	0 Ins Ins	None	15.0% upfront 100.00 ongoing	0%	0%	N/A

Institution Price Graph

Click to view Price Analysis Tool

Institution Price Graph

Click to view Price Analysis Tool

Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

Institution

Institution

Institution Details

Institution Details

Loan Products » Summary

Loan Products » Summary

Loan Products » Conditions

Loan Products » Conditions

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Loan Products » MFIN India Additional Information

Loan Products » Pricing Information

Loan Products » Pricing Information

Institution Price Graph

Institution Price Graph

Total Borrowers of Samples

Learn More

MFTransparency News

Explore Resources