1. Performance Report

Performance report for the month of February 2019

S. No. Particulars Outreach
1 No. of States 2
2 No. of Region 2
3 No. of Branches 29
4 No. of Districts covered 14
5 No. of blocks covered 63
6 No. of Staff 132
7 No. of Field staff 58
S.No Details
Own Portfolio
Managed Portfolio
Total
9 No. of  Groups formed 1986 25985 27971
10 No.of Groups A/c Closed 1825 14289 16114
11 No. of active groups 161 11696 11857
12 No. of  loans disbursed 13764 129420 143184
13 No.of borrowers A/c Closed 12901 74367 87268
14 No. of Active loans 863 55053 55916
15 No. of loans disbursed during this month 1 2582 2583
16 No. of loans disbursed during the year 341 33524 33865
17 No. of Cumulative loans disbursed 13764 129420 143184
18 "Loan disbursement during this month in million" 0.05 87.45 87.50
19 Loan Disbursement during the Year in million 6.85 953.80 960.645
20 Cumulative loan disbursement in million 158.29 3110.74 3269.03
21 Loan outstanding in million 6.433 692.93 699.36
22 On Time Recovery 99.90 99.98 99.88%
23 Late Time Recovery 0.10% 0.02% 0.12%
24 Portfolio at Risk ( PAR ) Above 30 days 0.10% 0.02% 0.12%
25 Repayment Rate 100% 100% 100%

Loan Products guidelines

GMF is complying with all the guidelines as prescribed by RBI vide letter dated 3rd May 2011 (Based on Malegam Committee recommendations) pertaining bank loans to Micro-Finance Institutions.

  1. Loans are sanctioned for supporting and enabling the members for undertaking income generation activities.
  2. Loan processing fee is charged at the time of disbursement.
  3. Penalty is not charged in case of default.
  4. Prepayment allowed but without penalty.
  5. Admission fee will not be taken.
  6. Loan is without collateral.
  7. Security deposit is not taken at the time of disbursement.
  8. Loan is repayable by monthly instalments.