| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2002 |
| Head of Institution | JOSE JULIO GUALOTUÑA LEMA |
| Regions active | |
| # Branches | 9 |
| Total Portfolio (nat'l) | USD 11,870,227.05 |
| Total Portfolio (USD) | USD 11,870,227.05 |
| Active clients with loans | 6,420 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | FECOAC, Red Financiera Rural, COLAC, Financoop |
| Funders |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.idghana.org/ |
| Year established | 1998 |
| Head of Institution | Stephen Mawuli Kwesi Dugbazah |
| Regions active | Greater Accra Region |
| # Branches | 5 |
| Total Portfolio (nat'l) | GHS 1,879,142 |
| Total Portfolio (USD) | USD 953,879.19 |
| Active clients with loans | 5,689 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, ASSFIN, AMT |
| Funders | Entrepreneurs du Monde, Air Liquide, TECHNIP, French Embassy |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | USD 1,500 - 10,000 | 1 - 24 | 40% - 60% | 40% - 60% | Business, Capital de tyrabajo, compra de activos, pago de de, Actividades inherentes al negocio | Women, Men, Have business, existencia minima del negocio de un año | Credit Ins | |||||||
| Oportuno | USD 350 - 1,500 | 1 - 12 | 40% - 60% | 20% - 40% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
| Quirofario | USD 500 - 20,000 | 1 - 72 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Salaried worker, propietario de casa si el monto es superior a $5,000 | Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Front Desk | GHS 100 - 5,000 | 3 - 9 | 80% - 100% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Business Training, Other Training, Life skill training, counciling, and referral services. | |||||||
| Kick Start | GHS 20 - 200 | 6 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services. | |||||||
| Onipa Nua (Each other's keepers) | GHS 100 - 5,000 | 3 - 9 | 80% - 100% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services. |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | 19.0%-25.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.0% upfront | 20.3% - 25.3% | 22.8% - 28.4% | 77 | ||||||||
| Oportuno | 22.5%-26.0% annual, Decl Bal | 0 Fees | 2 Ins | None | 10.0% upfront | 24.3% - 24.7% | 27.2% - 27.6% | 82 | ||||||||
| Quirofario | 13.6%-13.8% annual, Decl Bal | 0 Fees | 1 Ins | None | 10.0% upfront | 13.9% - 14% | 15.7% - 15.9% | 86 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Front Desk | 36.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 68.9% - 74.9% | 68.9% - 74.9% | 49 | ||||||||
| Kick Start | 0.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 0% | 0% | 100 | ||||||||
| Onipa Nua (Each other's keepers) | 36.0% annual, Flat | 1 Fee | 0 Ins | None | N/A | 70.3% - 71.2% | 70.3% - 71.2% | 50 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microluz | 19.0%-25.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 20.3% - 25.3% | 22.8% - 28.4% | 77 | ||||||||
| Oportuno | 22.5%-26.0% annual, Decl Bal | 0 Fees | 2 Ins Ins | None | 10.0% upfront | 24.3% - 24.7% | 27.2% - 27.6% | 82 | ||||||||
| Quirofario | 13.6%-13.8% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 10.0% upfront | 13.9% - 14% | 15.7% - 15.9% | 86 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Front Desk | 36.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 68.9% - 74.9% | 68.9% - 74.9% | 49 | ||||||||
| Kick Start | 0.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 0% | 0% | 100 | ||||||||
| Onipa Nua (Each other's keepers) | 36.0% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 70.3% - 71.2% | 70.3% - 71.2% | 50 |
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