Institution # Borrowers Portfolio (US$) Products Age of Data
ACSI682,200103,172,0005161
ADCSI176,10030,846,0002162
BG47,0004,048,0004161
DECSI361,00096,304,0007161
Dire4,900828,0004161
DMCPSC1,20069,0001161
Eshet18,8002,392,0003161
Harbu22,4001,757,0002161
Meklit12,2001,395,0004161
Metemamen10,500650,0006161
OCSSCO502,70069,565,0003161
OMO323,60031,385,0004161
PEACE17,2002,462,0003161
SFPI33,6002,750,0003161
Sidama53,4001,162,0006161
Wasasa49,3005,798,0004161
Wisdom MFI45,3005,500,0006158
  2. Baobab
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Institution

Baobab Financial Services Limited Zogbeli, TamaleTamale, Northern Region233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Product

MiDA Loans Product 3 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 308,000
Portfolio (USD)USD 205,333
Active Clients with Loans243
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
These groups are already trained by MiDA, but credit are disbursed to clients from Baobab Financial Services Limited.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgricultural purposes
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
OtherHealth Trainings
Other (2)Sanitation and Hygiene Trainings
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Othermust be in a group
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 100
Maximum loan size2,000
Loan Term and Grace Period
Shortest loan term18.0 months
Longest loan term36.0 months
Approx average27.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period2.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing (Commitment) Fee
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited0 - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

MiDA Loans samples
Sample 1Sample 2Sample 3
Loan AmountGHS 518.60GHS 518.60GHS 518.60
Loan Cycle (1, 2, 3, etc)
Disbursement Date
Loan Term (Months)12.0 months12.0 months12.0 months
Grace Period (Months)1.0 month0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component57.2%57.2%57.2%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component9.9%9.9%9.9%
Full APR (int fee ins tax dep)67.0%67.0%67.0%
Transparency Index454545
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
MiDA Loans Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeBusinessLoan PurposeBaobabInstitutionGH-008-V01-P03ProductGHCountry2011YearRange Number1Institution Data Version0100200300400500Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 100607Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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