| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.smileltd.org |
| Year established | 1995 |
| Head of Institution | Mr. M. Sathiyamoorthi |
| Regions active | Tamil Nadu, Puducherry |
| # Branches | 151 |
| Total Portfolio (nat'l) | INR 3,017,141,968 |
| Total Portfolio (USD) | USD 56,927,206.94 |
| Active clients with loans | 360,271 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Sa-Dhan, MFIN |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.sinapiaba.com/ |
| Year established | 1994 |
| Head of Institution | Anthony Gyasi-Fosu |
| Regions active | 0 |
| # Branches | 48 |
| Total Portfolio (nat'l) | GHS 34,500,000 |
| Total Portfolio (USD) | USD 23,000,000 |
| Active clients with loans | 107,000 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Opportunity Internal network, Ghamfin, Mix Market, Assfin |
| Funders | Blue Orchard, Symbotics, Kolibre Capital, Tridos |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | INR 5,000 - 30,000 | 6 - 24 | 100% | 40% - 60% | Business | Women, Specific age group, Low HH Inc, Med HH Inc, Rural HH, Urban HH | Group Mtgs, Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual | GHS 1,000 - 5,000 | 6 - 12 | 80% - 100% | 60% - 80% | ||||||||||
| School Loans | GHS 1,000 - 10,000 | 6 - 24 | 20% - 40% | 40% - 60% | ||||||||||
| SME | GHS 5,000 - 50,000 | 6 - 12 | 60% - 80% | 80% - 100% | ||||||||||
| Solidarity | GHS 1,000 - 4,000 | 0.5 - 10 | 80% - 100% | 0% - 20% | ||||||||||
| Trust Bank | GHS 200 - 900 | 6 - 10 | 80% - 100% | 0% - 20% |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 25.2% - 26% | 26.8% - 27.9% | 28.7% - 30.9% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.8% - 27.9% | 28.7% - 30.9% | 88 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual | 20.00%-0.00% annual, Flat | 1 Fee | 1 Ins | 56.4% - 92% | 69.3% - 113.1% | 21 | ||||||||||
| School Loans | 20.00%-0.00% annual, Flat | 0 Fees | 0 Ins | N/A | 50.4% - 57.2% | 50.4% - 57.2% | 37 | |||||||||
| SME | 36.00%-0.00% annual, Flat | 1 Fee | 1 Ins | 57.3% - 86.7% | 69.2% - 105.5% | 43 | ||||||||||
| Solidarity | 22.00%-0.00% annual, Flat | 2 Fees | 1 Ins | 84.4% - 88.6% | 102.8% - 109.2% | 20 | ||||||||||
| Trust Bank | 22.00%-0.00% annual, Flat | 2 Fees | 1 Ins | 84.3% - 98.5% | 104.3% - 122.6% | 19 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 25.2% - 26% | 26.8% - 27.9% | 28.7% - 30.9% | Yes | Yes | Info awaited | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan (IGP) | 26.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | 12.36% fees | N/A | 26.8% - 27.9% | 28.7% - 30.9% | 88 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual | 20.00%-0.00% annual, Flat | 1 Fee | 1 Ins Ins | 56.4% - 92% | 69.3% - 113.1% | 21 | ||||||||||
| School Loans | 20.00%-0.00% annual, Flat | 0 Fees | 0 Ins Ins | N/A | 50.4% - 57.2% | 50.4% - 57.2% | 37 | |||||||||
| SME | 36.00%-0.00% annual, Flat | 1 Fee | 1 Ins Ins | 57.3% - 86.7% | 69.2% - 105.5% | 43 | ||||||||||
| Solidarity | 22.00%-0.00% annual, Flat | 2 Fees | 1 Ins Ins | 84.4% - 88.6% | 102.8% - 109.2% | 20 | ||||||||||
| Trust Bank | 22.00%-0.00% annual, Flat | 2 Fees | 1 Ins Ins | 84.3% - 98.5% | 104.3% - 122.6% | 19 |
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