Outstanding portfolio (BOB) | BOB 55,974,138 |
Portfolio (USD) | USD 8,292,464.89 |
Active Clients with Loans | 1,704 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 20% - 40% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Para actividades de comercio y servicios |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 7 |
# Regions for this product | 7 |
Regions Active | Chuquisaca , Cochabamba , La Paz , Oruro , Potosí, Santa Cruz, Tarija |
Currency | BOB |
Minimum loan size | BOB 3,000 |
Maximum loan size | 890,000 |
Loans less than BOB 10,000 | 15% |
BOB 10,000-40,000 | 20% |
BOB 40,000-70,000 | 30% |
BOB 70,000-100,000 | 15% |
BOB 100,000-125,000 | 10% |
Greater than BOB 125,000 | 10% |
Shortest loan term | 6.0 months |
Longest loan term | 60.0 months |
Approx average | 48.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 15% |
Between 13 and 18 months | 20% |
Longer than 18 months | 50% |
Grace period usage | 10% |
Average grace period | 4.0 months |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | x |
Single end payment | x |
Irregular payments | x |
Lowest quoted nominal interest | 18.00% |
Highest quoted nominal interest | 26.00% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | No |
Ins 1 | |
---|---|
Description | Seguro de Desgravamen |
% of loan amount - min | 0.30% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | El costo es de 0.05% mensual, con cargo sólo en el saldo de capital pendiente del préstamo. |
Appears on Repayment Sched? | Yes |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | BOB 7,000 | BOB 42,000 | BOB 100,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2013-05-15 | 2013-10-10 | 2013-09-30 | ||
Loan Term (Months) | 9.0 months | 18.0 months | 37.0 months | ||
Grace Period (Months) | 0.0 months | 0.1 months | 0.0 months | ||
Total Cost of Credit | BOB 710.52 | BOB 9,794.33 | BOB 32,493.39 | ||
True Price by Comp | |||||
Interest price component | 23.4% | 25.4% | 20.4% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.5% | 0.6% | 0.5% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 23.9% | 26.0% | 20.9% | ||
Transparency Index | 75 | 69 | 86 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.ahantamanruralbank.com/ |
Year established | 1984 |
Head of Institution | John Dadzie |
Regions active | Western Region |
# Branches | 12 |
Total Portfolio (nat'l) | GHS 19,495,388.08 |
Total Portfolio (USD) | USD 9,896,136.08 |
Active clients with loans | 23,850 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 20% - 40% |
Network affiliations | GHAMFIN, ARB APEX, BOG |
Funders | SPEED Ghana |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | GHS 500 - 3,000 | 4 - 6 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Salary Loan | GHS 200 - 12,000 | 12 - 36 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Ins, Tech Asst Visits | |||||||
Sundry (SME) Loan | GHS 5,000 - 25,000 | 3 - 12 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Ins, Business Training | |||||||
Susu Loan | GHS 500 - 5,000 | 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Ins, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 48.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 86.3% - 86.7% | 107.7% - 108% | 44 | ||||||||
Salary Loan | 25.50%-38.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 47.1% - 62% | 48.8% - 65.3% | 45 | ||||||||
Sundry (SME) Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66.3% - 66.4% | 69.6% - 69.7% | 50 | ||||||||
Susu Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66% - 66.6% | 69.2% - 69.9% | 50 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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