Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
AgroCapital | 21,900 | 16,894,000 | 11 | 170 |
ANED | 5,400 | 6,579,000 | 3 | 129 |
Banco FIE | 231,100 | 569,322,000 | 6 | 129 |
BancoSol | 215,300 | 861,418,000 | 30 | 129 |
CIDRE | 8,500 | 126,578,000 | 8 | 129 |
Coop Fatima | 6,300 | 44,280,000 | 7 | 170 |
CRECER | 166,900 | 134,626,000 | 13 | 129 |
Diaconia | 67,000 | 85,734,000 | 2 | 129 |
Ecofuturo | 59,200 | 226,839,000 | 5 | 129 |
EMPRENDER | 8,700 | 2,380,000 | 3 | 170 |
Fassil FFP | 57,600 | 325,081,000 | 5 | 129 |
FONCRESOL | 3,900 | 9,573,000 | 3 | 129 |
FONDECO | 14,200 | 24,274,000 | 3 | 129 |
Fortaleza | 20,100 | 164,530,000 | 13 | 129 |
FUBODE | 29,400 | 24,444,000 | 7 | 129 |
FUNBODEM | 8,600 | 15,798,000 | 9 | 129 |
IDEPRO | 10,400 | 40,479,000 | 2 | 129 |
IMPRO | 2,400 | 2,885,000 | 4 | 129 |
ProCredit | 84,300 | 257,487,000 | 8 | 170 |
PRODEM | 44,900 | 62,529,000 | 4 | 129 |
ProMujer BOL | 115,200 | 50,753,000 | 3 | 129 |
Sartawi | 14,600 | 26,842,000 | 8 | 129 |
Outstanding portfolio (GHS) | GHS 568,292 |
Portfolio (USD) | USD 288,473.10 |
Active Clients with Loans | 342 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | x |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
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 | 1 |
# Regions for this product | 1 |
Regions Active | Greater Accra Region |
Currency | GHS |
Minimum loan size | GHS 100 |
Maximum loan size | 30,000 |
Loans less than GHS 1,000 | 0 |
GHS 1,000-5,000 | 70% |
GHS 5,000-7,500 | 0 |
GHS 7,500-10,000 | 0 |
GHS 10,000-13,000 | 15% |
Greater than GHS 13,000 | 15% |
Shortest loan term | 6.0 months |
Longest loan term | 12.0 months |
Approx average | 6.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 100% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | 1.0 month |
Daily | x |
Weekly | x |
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 | 5.00% |
Highest quoted nominal interest | 5.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Processing Fee |
% of loan amount - min | 1.50% |
% of loan amount - max | 1.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | No |
Required for | Some |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | Yes |
Do borrowers control deposit in their group? | No |
% loan amount deposited | 5.00% - 50.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 6.00% |
Maximum interest rate paid | 6.00% |
Interest payment frequency | Annually |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | |||||
---|---|---|---|---|---|---|---|---|---|
Loan Amount | GHS 300 | GHS 600 | GHS 1,500 | GHS 3,000 | GHS 8,000 | ||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | ||||
Disbursement Date | 2013-02-20 | 2012-12-12 | 2013-01-11 | 2013-02-11 | 2012-11-28 | ||||
Loan Term (Months) | 5.8 months | 6.0 months | 5.8 months | 4.0 months | 5.9 months | ||||
Grace Period (Months) | 0.2 months | 0.5 months | 0.2 months | 0.3 months | 0.3 months | ||||
Total Cost of Credit | GHS 97.50 | GHS 195 | GHS 487.50 | GHS 675 | GHS 2,600 | ||||
True Price by Comp | |||||||||
Interest price component | 105.2% | 97.5% | 105.2% | 100.9% | 104.1% | ||||
Fee Component | 6.4% | 5.8% | 6.4% | 8.5% | 6.2% | ||||
Insurance Component | 4.2% | 3.9% | 4.2% | 5.9% | 4.2% | ||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | ||||
Deposit Component | 159.4% | 150.5% | 258.0% | 127.9% | 80.1% | ||||
Full APR (int fee ins tax dep) | 275.2% | 257.7% | 373.8% | 243.2% | 194.6% | ||||
Transparency Index | 22 | 23 | 16 | 25 | 31 | ||||
Original Repayment Schedule | |||||||||
MFT Pricing Calculation |
Key Statistics | |
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# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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