Please note that the information you are viewing is
135 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2011-01-17
Data version: 2
Age of data: - months
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.sonataindia.com/ |
| Year established | 2006 |
| Head of Institution | Anup Kumar Singh |
| Regions active | 0 |
| # Branches | 121 |
| Total Portfolio (nat'l) | INR 905,699,293 |
| Total Portfolio (USD) | USD 20,126,650.96 |
| Active clients with loans | 128,606 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | |
128,116 Borrowers
USD 19,912,840.07 Portfolio
Active Product
490 Borrowers
USD 213,810.89 Portfolio
Active Product
Loan Products » Conditions
| Product Name |
|
Loan Size Range |
|
Loan Term (months) |
|
% Female |
|
% Urban |
|
Loan Purpose |
|
Eligibility |
|
Other Services |
| Income Generating Loan |
|
INR 8,500 - 19,650 |
|
5.8 - 11.6 |
|
80% - 100% |
|
20% - 40% |
|
Business |
|
Women |
|
Credit Educ, Group Mtgs, Credit Ins |
| Individual Loan |
|
INR 20,000 - 35,000 |
|
12 - 24 |
|
80% - 100% |
|
0% - 20% |
|
Business |
|
Women, Men, Have business |
|
Credit Educ, 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 |
| Income Generating Loan |
|
29.5% |
|
29.5% - 31% |
|
30.6% - 32.4% |
|
|
|
|
|
|
|
95 |
| Individual Loan |
|
0% |
|
34% - 34.6% |
|
35.1% - 35.8% |
|
|
|
|
|
|
|
N/A |
Loan Products » Pricing Information
| Product Name |
|
Annual Nominal Interest |
|
Fees |
|
Insurance |
|
Taxes |
|
Compulsory Deposit |
|
APR (int+fee) |
|
Full APR |
|
Transparency Index |
| Income Generating Loan |
|
28.0% annual, Decl Bal |
|
1 Fee |
|
0 Ins |
|
None |
|
N/A |
|
29.5% - 31% |
|
30.6% - 32.4% |
|
88 |
| Individual Loan |
|
32.0% annual, Decl Bal |
|
1 Fee |
|
0 Ins |
|
None |
|
N/A |
|
34% - 34.6% |
|
35.1% - 35.8% |
|
90 |
Please note that the information you are viewing is
138 months old and may not represent the prices currently charged.
If you represent this MFI and wish to update your information,
click HERE
Institution
Data approved: 2012-10-04
Data version: 2
Age of data: 138 months
This product either has less than 50 active borrowers or less than 10 loan disbursements over the past 9 months.
MFTransparency presents basic data rather than full data for low volume products
Key Statistics
| Outstanding portfolio (UGX) | UGX 10,839,600 |
| Portfolio (USD) | USD 4,336 |
| Active Clients with Loans | 4 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 0% - 20% |
Description
Designed to enable customers formalize their tenancy and secure ownership of land asset
Loan Purpose
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Acquiring land ownership |
| Other (2) | |
Eligibility
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) | |
Portfolio Size by Product
Geographic Coverage
| # Regions for this institution | 3 |
| # Regions for this product | N/A |
| Regions Active | |
