8/3/2019 Microfinance India Summit 2011 - MFIs: Painting a Recovery

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INDETAIL 11WEDNESDAY, DECEMBER 14, 2011, DELHI ° WWW.LIVEMINT.COM

mint

MFIs: PAINTING A RECOVERY

NameRank Outreach (million) Loan outstanding Own funds Borrowings

Top 10 MFIs by outreach

(R crore) (R crore) SKS

Spandana

Bandhan

SHARE

Basix

SKDRDP

Asmita

Equitas

Grama Vidial

Ujjivan

Total

1

2

3

4

5

6

7

8

9

10

6.24

4.18

3.25

2.84

1.53

1.38

1.34

1.30

0.93

0.84

23.85

4,111

3,458

2,507

2,065

1,249

958

1,325

794

520

625

17,611

1,781

NA

377

301

210

25

215

304

90

116

3,419

2,236

1,195

1,848

2,098

1,231

871

1,194

592

347

472

10,889

Comparativeperformance of top five MFIs

SKS

Clients (million) Growth (%)

5.80

6.24

Loans (R crore)

2,970

4,111

8%

38%

Bandhan

Clients (million)

2.30

3.25

Loans (Rcrore)

1,210

2,507

42%

107%

Growth (%)

SHARE

Clients (million)

2.36

2.84

Loans (Rcrore)

1,720

2,065

20%

20%

Growth (%)

BASIX

Clients (million)

1.11

1.53

Loans (R billion)

790

1,249

37%

58%

Growth (%)

Spandana

Clients (million)

3.66

4.18

Loans (R crore)

2,160

3,458

14%

60%

Growth (%)

Client outreach and loan values: how the MFIs fared

More thanR100 crore

R50 to 100 crore

R10 to 50 crore

Less thanR

10 crore

Size of portfolio Class No. of MFIs

Mega

Large

Medium

Small

27 15 26 14

Total 82

Client outreach by size of MFIs

4.83%Large

3.95%Medium

0.50%Small

4.58%Large

3.07%Medium

0.35%Small

Share of loan values, size-wise

90.73%Mega

92%Mega

The regional story: a skewed trendNorth North-East East Central West South

Share of clients (in%)

2009-10

2.1

1.921.3

9.5

14.2

51.1

2010-11

4.8

3.2

17.9

16.7

12.1

45.3

Share of loans (in%)

2009-10

4.3

1.8

9.9

6.8

54.8

22.5

2010-11

3.7

3.6

18.1

14.3

11.4

48.9

Loans from financial institutions for MFIsPubli c sector banks Private sector banks Forei gn banks RRB' s Sidbi*

*Small Industries Development Bank of India

284.62

362.29

1.55

0.01

84.38

504.8

409.5

43.37

0.03

304.18

Loans disbursedduring 2010-11

Total 732.84 Total 1,261.88

Outstanding loans ason 31 March 2011

Rang De is India’s first online microlending platform.The Web-based social initiative supports rural entrepre-neurs with access to cost effective capital for businessand education needs. Rang De raises social capital fromindividuals who can become social investors by lendingas little asR100. Through this fundraising model, RangDe is able to reduce the cost of capital to the end user.Social investors get back their investments with anominal financial return of 2% per annum. They havethe ability to track the progress of their investments

Web-based microfinance

and interact with the borrowers who they havelent money to. Rang De has reached out to morethan 10,127 borrowers across India with the helpof 2,906 social investors. The organization hasraised and disbursed more than R5 crore toborrowers and has a repayment rate of 98.56%.Rang De works with 25 field partners across Orissa,West Bengal, Manipur, Madhya Pradesh, Maharashtra,Karnataka, Tamil Nadu, Kerala, Jharkhand, Biharand Gujarat.

2010

2011

2010

2011

Graphics by Sandeep Bhatnagar/Mint

(R crore)

HEMANT MISHRA/ MINT