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Institution

Opportunity Kenya Geomaps CenterMatumbato Road, Upper HillNairobi
Data approved: 2010-09-14
Data version: 1
Age of data: -   months 

Institution

Sarvodaya Nano Finance Limited 279, Avvai Shanmugam SalaiRoyapettahChennai, TamilnaduPO Box 600014
Data approved: 2013-01-10
Data version: 1
Age of data: 133 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.opportunity.org/
Year established2006
Head of InstitutionJohn Giles
Regions active0
# Branches12

Total Portfolio (nat'l)KES 224,000,000
Total Portfolio (USD)USD 2,705,314.01
Active clients with loans6,758
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.sarvodayanano.org
Year established1996
Head of InstitutionR. Asokkumar
Regions activeTamil Nadu
# Branches92

Total Portfolio (nat'l)INR 312,483,125
Total Portfolio (USD)USD 5,895,908.02
Active clients with loans51,039
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliations

Loan Products » Summary

6,500 Borrowers
USD 2,294,685.99 Portfolio
Active Product
200 Borrowers
USD 77,294.69 Portfolio
Active Product
120 Borrowers
USD 31,400.97 Portfolio
Active Product

Loan Products » Summary

9,444 Borrowers
USD 1,779,950.94 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Msingi Loan KES 10,000 - 500,000 6 - 18 40% - 60% 80% - 100% Business Women, Men, Have business, In business for a minium of 12 months Credit Educ, Group Mtgs, Credit Ins, Fire/burglary insurance
Nguzo Loan KES 50,000 - 500,000 6 - 18 40% - 60% 80% - 100% Business Women, Men, Have business, In business for a minimum of 24 months Credit Educ, Group Mtgs, Credit Ins, Insurance Fire/Burglary
Somesha (Education) Loan KES 5,000 - 50,000 3 - 12 80% - 100% 80% - 100% Education Women, Men, Have business, Must bring school records Credit Educ, Group Mtgs, Credit Ins, Insurance Fire/Burglary

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Annapoorna INR 10,000 - 15,000 4.6 80% - 100% 0% - 20% Business Women, Men, Low HH Inc, Med HH Inc Credit Educ

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Msingi Loan 16.0%-22.0% annual, Flat 0 Fees 1 Ins None 20.0% upfront 100.00 ongoing 0% 0% N/A
Nguzo Loan 16.0%-22.0% annual, Flat 0 Fees 1 Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Somesha (Education) Loan 16.0% annual, Flat 1 Fee 1 Ins None 15.0% upfront 50.00 ongoing 0% 0% N/A

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
Annapoorna 25.7% - 26.8% 31% - 32.4% 31.7% - 33.1% Yes Info awaited NA 98

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Annapoorna 25.7% annual, Decl Bal 1 Fee 0 12.36% fees N/A 31% - 32.4% 31.7% - 33.1% 79

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Msingi Loan 16.0%-22.0% annual, Flat 0 Fees 1 Ins Ins None 20.0% upfront 100.00 ongoing 0% 0% N/A
Nguzo Loan 16.0%-22.0% annual, Flat 0 Fees 1 Ins Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Somesha (Education) Loan 16.0% annual, Flat 1 Fee 1 Ins Ins None 15.0% upfront 50.00 ongoing 0% 0% N/A

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
Annapoorna 25.7% - 26.8% 31% - 32.4% 31.7% - 33.1% Yes Info awaited NA 98

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Annapoorna 25.7% annual, Decl Bal 1 Fee 0 12.36% fees N/A 31% - 32.4% 31.7% - 33.1% 79
Institution Price Graph
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Key Statistics
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