| Outstanding portfolio (UGX) | UGX 1,597,460,030 |
| Portfolio (USD) | USD 726,118 |
| Active Clients with Loans | 1,564 |
| Approximate % Female Clients | 60% - 80% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | x |
| Consumer loan | x |
| Agriculture | |
| Education | x |
| Other household finance | x |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | x |
| Must be specific age group | x |
| Other | Age 18 and above |
| Other (2) | Must open a savings salary account at Finance Trust if they don't have one already |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.suryodaymf.com/ |
| Year established | 2008 |
| Head of Institution | R Baskar Babu |
| Regions active | Gujarat, Karnataka, Maharashtra, Orissa, Tamil Nadu |
| # Branches | 34 |
| Total Portfolio (nat'l) | INR 1,118,427,664 |
| Total Portfolio (USD) | USD 21,102,408.75 |
| Active clients with loans | 139,423 |
| Approximate % female clients | 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IG02 | INR 15,000 - 15,000 | 18 | 80% - 100% | 80% - 100% | Business | Women, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
| IGF02 | INR 15,000 - 15,000 | 16.5 | 80% - 100% | 80% - 100% | Business | Women, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training | |||||||
| IM18 | INR 18,000 - 18,000 | 24 | 80% - 100% | 80% - 100% | Business | Women, Low HH Inc, Med HH Inc | Credit Educ, Group Mtgs, Credit Ins, Business Training, Other 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IG02 | 25.2% - 25.8% | 26.5% - 27.1% | 29% - 29.7% | Yes | Yes | Yes | 100 | |||||||
| IGF02 | 25.8% - 26% | 27.3% - 27.5% | 30.1% - 30.3% | Yes | Yes | Yes | 100 | |||||||
| IM18 | 26.3% - 26.8% | 27.3% - 27.9% | 29.5% - 30.2% | Yes | Yes | Yes | 100 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IG02 | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 26.5% - 27.1% | 29% - 29.7% | 88 | ||||||||
| IGF02 | 26.0% annual, Decl Bal | 1 Fee | 1 Ins | 12.36% fees | N/A | 27.3% - 27.5% | 30.1% - 30.3% | 86 | ||||||||
| IM18 | 27.0% annual, Decl Bal | 1 Fee | 0 Ins | 12.36% fees | N/A | 27.3% - 27.9% | 29.5% - 30.2% | 90 |
| 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 ∞ | ||||||
