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Institution

Village Financial Services Private Limited Village TowerF-15, Geetanjali Park; 18/3A, Kumud Ghoshal RoadKolkata, West BengalPO Box 700057
Data approved: 2013-01-02
Data version: 2
Age of data: 87 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.village.net.in
Year established2006
Head of InstitutionKuldip Maity
Regions activeBihar, West Bengal
# Branches96

Total Portfolio (nat'l)INR 1,020,993,623
Total Portfolio (USD)USD 19,264,030.62
Active clients with loans175,408
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsSa-Dhan, MFIN

Loan Products » Summary

168,352 Borrowers
USD 17,516,447.16 Portfolio
Active Product
7,056 Borrowers
USD 1,747,583.47 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Pragati INR 4,000 - 15,000 11.5 - 12.1 80% - 100% 0% - 20% Business Women Group Mtgs, Credit Ins
Samridhhi INR 16,000 - 50,000 23.9 - 24.3 80% - 100% 0% - 20% Business Women Group Mtgs, Credit Ins, Other 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
Pragati 25.1% - 26.1% 27.3% - 28.3% 29.8% - 30.9% Yes Yes Yes 91
Samridhhi 22.6% - 26% 23.7% - 27.1% 26% - 29.5% Yes Yes Yes 95

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Pragati 23.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 27.3% - 28.3% 29.8% - 30.9% 76
Samridhhi 23.5% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 23.7% - 27.1% 26% - 29.5% 83
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Actuar Caldas3,7005,247,0001114
Actuar Quindio2,3002,800,0002114
Actuar Tolima8,8005,099,0003114
Amanecer4,3008,253,0004114
Banco Agrario56,30039,938,0003114
Banco WWB219,400294,019,0005109
Bancolombia36,20051,563,0001114
BdO10,4007,945,0002114
Comerciacoop1,6003,255,0004114
Confiar43,80081,993,0007114
Congente5,40020,045,0002114
Contactar25,10020,184,0002114
Crezcamos27,50022,564,0004114
Finamerica39,80099,536,0007114
FMM Popayán310,000243,614,0003114
FMSD6,8009,236,0006114
Fomentamos900102,0001114
Fund DeLaMujer199,900165,568,0001114
Fund Oleoductos500435,0001109
FUNDAUNIBAN6001,307,0002114
FUNDESAN2,4002,521,0005114
FUNDESMAG1,0001,698,0002114
Interactuar30,20093,846,0004114
MEDA15,60027,322,0002114
ProCredit CO5,70018,569,0003114
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Key Statistics
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Loan Portfolio (USD)
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% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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