||Others cloud sourcing platforms-such as Kiva, Rangde, ekjaa, milaap etc
| Program/Project Implementation
||Self- No dependency
Through parent organization-SAMRUDHI Micro Fin Society (SAMRUDHI). SAMRUDHI has more than four years of experience in project implementation.
|Through FIELD PARTNER-100% Dependency
- Spend more resource on identification of field partners
- Success depend on Field Partners
| Operational cost
The cost of operation is low. There is no multi player. Investment directly goes to borrowers.
Cost of operation is high. Multiple player-The cloud sourcing agency, the partner, the borrower.
||Located in the operational area. It does make any difference as everything happens in the cloud.
||Located elsewhere other than the operational area. Mostly in class-A cities.
|Return on investment for the social investor
Generally between 6-10 percent. At par with the nationalize banks in India-
|Cost of funds to borrowers
Generally between 12-18 percent. (Currently all MFIs charge interest between 26-30% as the cost of funds from bank itself is between 15-16%)
Usually, the field partner decides at what cost, the amount will be lended to members. The profit margin is split into three-The MFI, Social Investor & the cloud sourcing agency.