Outstanding portfolio (BOB) | BOB 110,163,477 |
Portfolio (USD) | USD 16,320,515.11 |
Active Clients with Loans | 2,690 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
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 | |
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 | 6 |
# Regions for this product | 6 |
Regions Active | Chuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija |
Currency | BOB |
Minimum loan size | BOB 1,440 |
Maximum loan size | 35,000 |
Loans less than BOB 10,000 | 0 |
BOB 10,000-40,000 | 100% |
BOB 40,000-70,000 | 0 |
BOB 70,000-100,000 | 0 |
BOB 100,000-125,000 | 0 |
Greater than BOB 125,000 | 0 |
Shortest loan term | 24.0 months |
Longest loan term | 61.0 months |
Approx average | 45.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 100% |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 1.58% |
Highest quoted nominal interest | 1.58% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Ins 1 | |
---|---|
Description | Seguro de desgravamen |
% of loan amount - min | 1.41% |
% of loan amount - max | 1.92% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | La comisión es 0.07% mensual que aplica al saldo del principal del préstamo pendiente. |
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 12,000 | BOB 35,000 | BOB 70,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2014-01-08 | 2014-01-08 | 2013-09-18 | ||
Loan Term (Months) | 36.0 months | 48.0 months | 48.0 months | ||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
Total Cost of Credit | BOB 4,004.80 | BOB 15,905.52 | BOB 31,811.20 | ||
True Price by Comp | |||||
Interest price component | 19.1% | 19.1% | 19.1% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.9% | 0.9% | 0.9% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 20.0% | 20.0% | 20.0% | ||
Transparency Index | 95 | 95 | 95 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.asa-international.com/ |
Year established | 2007 |
Head of Institution | MD. Aourongjeb |
Regions active | Greater Accra Region, Central Region, Western Region, Ashanti Region |
# Branches | 54 |
Total Portfolio (nat'l) | GHS 36,218,600 |
Total Portfolio (USD) | USD 18,962,617.80 |
Active clients with loans | 71,633 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN |
Funders | Catalyst Microfinance Industries, ASA International |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | GHS 500 - 2,000 | 6 - 12 | 80% - 100% | 60% - 80% | Business | Women, Have business, Must have a business plan | Credit Educ, Group Mtgs, Credit Ins | |||||||
Small Loan | GHS 300 - 1,000 | 6 - 12 | 80% - 100% | 80% - 100% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 36.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 60.5% - 69.3% | 73.9% - 85% | 46 | ||||||||
Small Loan | 36.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 64.2% - 68.7% | 81.5% - 87.5% | 42 |
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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