1. Performance Report

Performance report for the month of January 2018

S. No. Particulars Outreach
1 No. of States 1
2 No. of Division 1
3 No. of Region 1
4 No. of Branches 20
5 No. of Districts covered 9
6 No. of blocks covered 46
7 No. of Staff 87
8 No. of Field staff 63
S.No Details
Own Portfolio
Managed Portfolio
Total
9 No. of  Groups formed 1893 18240 20133
10 No.of Groups A/c Closed 1582 10032 11614
11 No. of active groups 311 8208 8519
12 No. of  loans disbursed 13298 89972 103270
13 No.of borrowers A/c Closed 11687 52278 63965
14 No. of Active loans 1611 37694 39305
15 No. of loans disbursed during this month 20 2357 2377
16 No. of loans disbursed during the year 525 19464 19989
17 No. of Cumulative loans disbursed 13298 89972 103270
18 "Loan disbursement during this month in million" 0.40 68.27 68.67
19 Loan Disbursement during the Year in million 10.86 537.97 548.82
20 Cumulative loan disbursement in million 148.94 1993.77 2142.71
21 Loan outstanding in million 13.747 610.6382 624.39
22 On Time Recovery 99.87% 99.71% 99.91%
23 Late Time Recovery 0.13 0.29 0.09%
24 Portfolio at Risk ( PAR ) Above 30 days 0 0.5 0.50
25 Repayment Rate 100% 99.50% 99.50%

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.