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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: 131 months

Institution

Specialised Financial and Promotional Institution Bole Sub CityAddis AbabaPO Box 10689
Data approved: 2011-12-23
Data version: 1
Age of data: 150 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

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established1997
Head of InstitutionMr Solomon W.Giorgis
Regions active
# Branches10

Total Portfolio (nat'l)ETB 50,807,161
Total Portfolio (USD)USD 2,761,258.75
Active clients with loans33,342
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsAEMFI
FundersTerrafina Microfinance, SOS Faim, CIDR, UNCDF

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 » Summary

32,000 Borrowers
USD 2,608,695.65 Portfolio
Active Product
1,500 Borrowers
USD 130,434.78 Portfolio
Active Product
100 Borrowers
USD 10,869.57 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 » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan ETB 100 - 30,000 12 - 30 40% - 60% 40% - 60% Any Purpose Women, Men Credit Educ, Group Mtgs
Individual Loan ETB 10,000 - 120,000 12 - 30 40% - 60% 80% - 100% Any Purpose Women, Men Credit Educ, Business Training
Youth Loan Product ETB 5,000 - 30,000 12 - 24 20% - 40% 80% - 100% Business Women, Men, Specific age group Group Mtgs, Business Training

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

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 16.0%-24.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 28.3% - 30.2% 30.6% - 35.2% 47
Individual Loan 16.0%-20.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 29.4% - 30.9% 34.4% - 36% 45
Youth Loan Product 14.0% annual, Flat 0 Fees 0 Ins None 5.0% upfront 25.8% - 25.9% 27.8% - 27.9% 50

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 Ins 12.36% fees N/A 29.2% 32.2% 84
Hariyali Cattle Loan 27.0% annual, Decl Bal 1 Fee 1 Ins Ins 12.36% fees N/A 29.2% - 29.3% 32.2% - 32.4% 83

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 16.0%-24.0% annual, Flat 0 Fees 0 Ins Ins None 5.0%-10.0% upfront 28.3% - 30.2% 30.6% - 35.2% 47
Individual Loan 16.0%-20.0% annual, Flat 0 Fees 0 Ins Ins None 5.0%-10.0% upfront 29.4% - 30.9% 34.4% - 36% 45
Youth Loan Product 14.0% annual, Flat 0 Fees 0 Ins Ins None 5.0% upfront 25.8% - 25.9% 27.8% - 27.9% 50
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