Cashpor Microcredit

Misión:

To see all BPL women in the BIMARU states having access to microcredit services, and many of them utilizing these services to lift themselvs and their families out of poverty.

Antecedentes y principales retos:

1. identify and motivate poor women in the rural areas;
2. delivery of financial services in honest, timely and efficient manner;
3. build a financially sustainable microfinance institution.

Dirección:

N-7/1-R-9 DLW-BHU Road, Bhikaripur

Varanasi

Uttar Pradesh

221001

India

Teléfono:

+91 542 2316166

Fax:

+91 542 2322281

Correo electrónico:

headoffice [at] cashpor [dot] in

Website:

www.CashporIndia.net

Principales fuentes de financiamiento:

Grants

Loans

Shareholder Capital

Productos y servicios:

Loans

Servicios proporcionados:

Full-scale Financial Services

Buscar (Tipos de Inversión):

Loans in Local Currency

Guarantees

Capacity Building Grants

Other Investment

Equity investments

% Operaciones que incluyen MF:

91 - 100

Fecha en que se estableció:

Jan 1 1997

Fin de año fiscal:

31-Mar

Current Legal Status:

NGO

Regulada:

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
+ Development goals (ranked by importance)
+ Poverty targets
+ Governance
Has trained members of its board on social performance management
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit loans for microenterprises
Microcredit for household needs/consumption
Loans for agriculture
+ Savings products offered
+ Compulsory insurance products required
+ Voluntary insurance products offered
+ Other financial products and services offered
+ Non-financial services offered
+ Enterprise services offered
+ Education services offered
+ Health services offered
Community health leader training
+ Women's empowerment services offered
Leadership training for women
+ Products and services targeting the poor
Products and services specifically designed to target the poor:
+ Social responsibility to clients
+ Client protection principles in use
The loan approval process requires evaluation of borrower repayment capacity and loan affordability. Loan approval does not rely solely on guarantees (whether peer guarantees, co-signers or collateral) as a substitute for good capacity analysis.
Internal audits check household debt exposure, lending practices that violate procedures including unauthorized re-financing, multiple borrowers or co-signers per household, and other practices that could increase indebtedness.
Productivity targets and incentive systems value portfolio quality at least as highly as other factors, such as disbursement or customer growth. Growth is rewarded only if portfolio quality is high.
Prices, terms and conditions of all financial products are fully disclosed to the customer prior to sale, including interest charges, insurance premiums, minimum balances, all fees, penalties, linked products, third party fees, and whether these can change over time.
Staff is trained to communicate effectively with all customers, ensuring that they understand the product, the terms of the contract, their rights and obligations. Communications techniques address literacy limitations (e.g. reading contracts out loud, materials in local languages).
Acceptable and unacceptable debt collection practices are clearly spelled out in a code of ethics, book of staff rules or debt collection manual.
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.
A mechanism to handle customer complaints is in place, has dedicated staff resources, and is actively used. (Suggestion boxes alone are generally not considered adequate.)
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.
+ Cost of services to clients
Declining balance interest method
+ Social responsibility to staff
+ Human resources
Protection at work (safety, anti-harassment)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
+ Basis of staff incentives related to social performance
Ability to attract new clients from target market
Quality of interaction with clients based on client feedback mechanisms
Quality of social data collected
Client retention/drop-out rate
Portfolio quality
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
This institution identifies enterprises with environmental risk
+ Poverty measurement tools in use
Means test
Food security index

Organizaciones relacionadas

Current
Nombre	Relación
CASHPOR	Network Affiliation
Crisil	Rating
Grameen Foundation	Network Affiliation
M-CRIL	Rating
SA-DHAN	Network Affiliation

MFI Report

Select i

Social Performance Profile

Organizaciones relacionadas

Una visión rápida

Contactos

MIX Market Data Updates

Comparta este perfil

Global Partners