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Institution

M Power Micro Finance Pvt Ltd 3 , Sai Santosh ComplexNear Harinagar Water Tank , Gotri RoadVadodara, Gujarat390021
Data approved: 2013-05-11
Data version: 1
Age of data: 83 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.mpowermicro.com/
Year established2009
Head of InstitutionMr K M Vishawanathan
Regions activeGujarat
# Branches6

Total Portfolio (nat'l)INR 119,954,038
Total Portfolio (USD)USD 2,263,283.74
Active clients with loans13,665
Approximate % female clients100%
Approximate % urban clients0% - 20%
Network affiliationsMFIN, CARE

Loan Products » Summary

SBL
4,760 Borrowers
USD 692,855.87 Portfolio
Active Product
HCL
8,905 Borrowers
USD 1,570,427.87 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Samruddhi Business Loan INR 12,000 - 15,000 12 100% 40% - 60% Business Women, Low HH Inc, Med HH Inc Group Mtgs, Credit Ins
Hariyali Cattle Loan INR 15,000 - 15,000 12 100% 0% Business Women, Low HH Inc, Med HH Inc Group Mtgs, Credit Ins

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
Samruddhi Business Loan 27% 29.2% 32.2% Yes Yes Yes 100
Hariyali Cattle Loan 27% - 27.1% 29.2% - 29.3% 32.2% - 32.4% Yes Yes Yes 100

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Samruddhi Business Loan 27.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 29.2% 32.2% 84
Hariyali Cattle Loan 27.0% annual, Decl Bal 1 Fee 1 Ins 12.36% fees N/A 29.2% - 29.3% 32.2% - 32.4% 83
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
ACLEDA235,200215,086,0006111
AMK288,20063,784,0001683
AMRET299,500149,542,000883
Chamroeun48,1007,480,000463
Farmer Finance200407,000183
First Finance5005,819,000183
HKL73,40093,842,000383
KREDIT61,80059,319,000983
Maxima2,9003,179,000383
PRASAC138,500251,931,000983
Seilanithih15,2007,516,000583
SPN35,10029,828,000683
TPC120,00045,931,0001383
VF Cambodia148,60048,984,0001883
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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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