| Outstanding portfolio (USD) | USD 522,903 |
| Portfolio (USD) | USD 522,903 |
| Active Clients with Loans | 22 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| 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) |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2006 |
| Head of Institution | Magnus Amoa-Bosompem |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | GHS 519,300 |
| Total Portfolio (USD) | USD 346,200 |
| Active clients with loans | 1,514 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Association of Financial NGOs, Ghana Micro Finance Institutions Network |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Production Credit | GHS 1,000 - 1,000 | 8 - 12 | 60% - 80% | 0% - 20% | ||||||||||
| Apprenticeship Start-up Credit Program | 0 | 0 | 80% - 100% | 40% - 60% | ||||||||||
| Efficient Energy Credit Program | GHS 200 - 1,000 | 3 - 6 | 80% - 100% | 0% - 20% | ||||||||||
| Micro Enterprise Development | GHS 100 - 3,000 | 6 - 12 | 80% - 100% | 40% - 60% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural Production Credit | 30.00%-0.00% annual, Decl Bal | 2 Fees | 0 Ins | N/A | 18.6% - 29.4% | 18.6% - 29.4% | 100 | |||||||||
| Apprenticeship Start-up Credit Program | 0.00% annual, 0 | 0 Fees | 0 Ins | 55.1% - 59.5% | 55.1% - 59.5% | |||||||||||
| Efficient Energy Credit Program | 36.00%-0.00% annual, Decl Bal | 1 Fee | 0 Ins | N/A | 61.2% | 61.2% | 58 | |||||||||
| Micro Enterprise Development | 36.00%-0.00% annual, Flat | 1 Fee | 1 Ins | N/A | 61.2% - 64.8% | 64.6% - 68.4% | 54 |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # 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 |
|---|---|---|---|---|---|---|---|
