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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: 79 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
APAS320128,0002103
BRAC-UGA139,20028,254,000360
Centenary Bank133,802221,144,231484
EBO SACCO1,5001,240,382284
Equity Bank13,06957,252,004084
Finance Trust22,55517,520,424584
FINCA-UGA56,30027,402,000458
Five Talents5,365368,057284
Gatsby1,3462,440,236284
Habitat Uganda858265,508184
Hofokam20,9084,793,200684
KACITA15660,318184
Madfa SACCO4,832288,674584
Opportunity23,73413,560,8461384
RUCREF5,557898,3804103
Rushere SACCO983574,549284
SAO20462,768184
Silver Upholders2,111189,189484
THPU6,528676,391184
UGAFODE8,1974,720,446984
VF Uganda13,0723,221,675584
Wakiso513276,000184
Y-SAVE2081,686,485184
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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