| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.wemcs.co.in/ |
| Year established | 2008 |
| Head of Institution | ASHWINI KUMAR SINHA |
| Regions active | |
| # Branches | 2 |
| Total Portfolio (nat'l) | INR 4,507,144 |
| Total Portfolio (USD) | USD 85,040.45 |
| Active clients with loans | 1,143 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2000 |
| Head of Institution | Amsalu Alemayehu Gutema |
| Regions active | |
| # Branches | 24 |
| Total Portfolio (nat'l) | ETB 113,970,892 |
| Total Portfolio (USD) | USD 6,194,070.22 |
| Active clients with loans | 53,981 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | AEMFI, MAIN, PAMIGA |
| Funders | Terrafina, Cordaid, Ethio Italian Rural Development Cooperation, World Solidarity Movement |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | INR 5,000 - 10,000 | 6 - 12 | 80% - 100% | 0% - 20% | Business | Women | Credit Educ, Group Mtgs, Credit Ins, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Loan | ETB 1,000 - 10,000 | 4 - 24 | 0% - 20% | 80% - 100% | Housing, Consumer, Education | Women, Men, Salaried worker | Credit Educ | |||||||
| Enterprise Loan | ETB 2,000 - 10,000 | 4 - 12 | 20% - 40% | 80% - 100% | Business | Women, Men, Have business, Must be urban or semi-urban, not for rural clients. | Credit Educ, Business Training | |||||||
| Individual Loan | ETB 5,000 - 150,000 | 4 - 24 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Tech Asst Visits, Business Training | |||||||
| Large Group Loan | ETB 100 - 5,000 | 4 - 12 | 40% - 60% | 0% - 20% | Any Purpose | Women, Men | Credit Educ, Other Training, Agricultural Training |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 0 | 39.3% | 42.6% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 15.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 39.3% | 42.6% | 35 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Loan | 15.0% annual, Flat | 0 Fees | 1 Ins | None | 10.0%-15.0% upfront | 26.6% | 31.9% - 33.6% | 45 | ||||||||
| Enterprise Loan | 18.0% annual, Flat | 0 Fees | 1 Ins | None | 10.0% upfront | 32.1% - 33.8% | 40.2% - 43.9% | 43 | ||||||||
| Individual Loan | 11.0%-15.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 21.6% - 26.5% | 21.6% - 26.5% | 46 | ||||||||
| Large Group Loan | 18.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0%-15.0% upfront | 23.6% - 23.8% | 27.4% - 27.7% | 65 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 0 | 39.3% | 42.6% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 15.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 39.3% | 42.6% | 35 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Loan | 15.0% annual, Flat | 0 Fees | 1 Ins Ins | None | 10.0%-15.0% upfront | 26.6% | 31.9% - 33.6% | 45 | ||||||||
| Enterprise Loan | 18.0% annual, Flat | 0 Fees | 1 Ins Ins | None | 10.0% upfront | 32.1% - 33.8% | 40.2% - 43.9% | 43 | ||||||||
| Individual Loan | 11.0%-15.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 21.6% - 26.5% | 21.6% - 26.5% | 46 | ||||||||
| Large Group Loan | 18.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0%-15.0% upfront | 23.6% - 23.8% | 27.4% - 27.7% | 65 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 ∞ | ||||||
