| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.finca.org/ |
| Year established | 2001 |
| Head of Institution | Keith Gary Sandbloom |
| Regions active | 0 |
| # Branches | 7 |
| Total Portfolio (nat'l) | ZMK 17,703,826,092 |
| Total Portfolio (USD) | USD 3,421,029.20 |
| Active clients with loans | 14,879 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | FINCA International |
| Funders | International donors |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1995 |
| Head of Institution | Alok Jain |
| Regions active | |
| # Branches | 1 |
| Total Portfolio (nat'l) | INR 8,922,941 |
| Total Portfolio (USD) | USD 168,357.38 |
| Active clients with loans | 1,650 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | ZMK 1,500,000 - 50,000,000 | 4 - 12 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, Must have a valid National Registration Card, Must have business or personal assets to pledge | Tech Asst Visits, Credit Life Assurance and funeral benefits | |||||||
| Small Group Loans | ZMK 1,200,000 - 10,000,000 | 6 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business, Must have a valid National Registration Card, Must be part of a selt selected group | Funeral Benefits | |||||||
| Village Banking | ZMK 150,000 - 7,000,000 | 4 - 6 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business, Have a valid National Registration Card, Be part of a self selected group | Tech Asst Visits, Business Training, Other Training, Funeral benefits |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long Term Loan for Entrepreneurship | INR 4,000 - 12,000 | 11.5 | 80% - 100% | 40% - 60% | Business | Women, Have business | Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront | 92.2% - 93.3% | 116.5% - 118.4% | 41 | ||||||||
| Small Group Loans | 60.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront | 106% - 111.9% | 133.3% - 140.6% | 43 | ||||||||
| Village Banking | 66.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront 12,000.00 ongoing | 127.6% | 201.8% - 347.5% | 27 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long Term Loan for Entrepreneurship | 0 | 39.6% - 40% | 41.8% - 44.7% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long Term Loan for Entrepreneurship | 18.0% annual, Flat | 0 Fees | 0 | None | N/A | 39.6% - 40% | 41.8% - 44.7% | 41 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0% upfront | 92.2% - 93.3% | 116.5% - 118.4% | 41 | ||||||||
| Small Group Loans | 60.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0% upfront | 106% - 111.9% | 133.3% - 140.6% | 43 | ||||||||
| Village Banking | 66.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0% upfront 12,000.00 ongoing | 127.6% | 201.8% - 347.5% | 27 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long Term Loan for Entrepreneurship | 0 | 39.6% - 40% | 41.8% - 44.7% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long Term Loan for Entrepreneurship | 18.0% annual, Flat | 0 Fees | 0 | None | N/A | 39.6% - 40% | 41.8% - 44.7% | 41 |
| 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 ∞ | ||||||
