Spandana Sphoorty Financial Limited
Narendra Prasad, MV Director
mvnarendra@spandanaindia.com
Phone: +91 9396882688
Fax: +91 40 23733962
Web Site: www.spandanaindia.com
Product Offerings:
Loans, Insurance, Fund Transfer ServicesNetwork Member Since:
2007Legal Status:
Non-Bank Financial InstitutionClient Base:
Very poor clients (clients earning less than US$1/day or population in the bottom half living under the poverty line)Area of Operations:
Andhra Pradesh, Karnataka, Tamil Nadu, Maharastra and OrissaRegion:
AsiaCountry:
India| Data | 2008 | 2007 | 2006 |
|---|---|---|---|
| Active Clients | 1,239,651 | 916,261 | 916,261 |
| Borrowers | 1,188,861 | 916,261 | 916,261 |
| Savers | N/A | N/A | N/A |
| Portfolio Outstanding (USD 000) | 182,173 | 137,115 | 63,646 |
| Average Loan (US$) | 118 | 98 | 88 |
| Percentage of Female Clients | 97% | 97% | 99% |
Note: N/A means we don't currently have numbers for that year in that category.