2. Ahantaman RB
Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Ahantaman Rural Bank Limited Head OfficeAgona Nkwanta, Western RegionP.O. Box 41
Data approved: 2013-02-11
Data version: 2
Age of data: 141 months
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Institution Details

Institution TypeRurBank
Is this institution regulated?Yes
Website addresshttp://www.ahantamanruralbank.com/
Year established1984
Head of InstitutionJohn Dadzie
Regions activeWestern Region
# Branches12

Total Portfolio (nat'l)GHS 19,495,388.08
Total Portfolio (USD)USD 9,896,136.08
Active clients with loans23,850
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliationsGHAMFIN, ARB APEX, BOG
FundersSPEED Ghana

Loan Products » Summary

Group
8,013 Borrowers
USD 1,056,011.82 Portfolio
Active Product
Salary
11,440 Borrowers
USD 5,532,702.45 Portfolio
Active Product
Sundry SME
1,867 Borrowers
USD 2,702,166.01 Portfolio
Active Product
Susu Loan
2,530 Borrowers
USD 605,255.99 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan GHS 500 - 3,000 4 - 6 80% - 100% 20% - 40% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Salary Loan GHS 200 - 12,000 12 - 36 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Ins, Tech Asst Visits
Sundry (SME) Loan GHS 5,000 - 25,000 3 - 12 60% - 80% 20% - 40% Business Women, Men, Have business Credit Ins, Business Training
Susu Loan GHS 500 - 5,000 12 60% - 80% 0% - 20% Business Women, Men, Have business Credit Ins, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 48.00% annual, Flat 1 Fee 1 Ins None 10.00% upfront 86.3% - 86.7% 107.7% - 108% 44
Salary Loan 25.50%-38.00% annual, Decl Bal 1 Fee 1 Ins None N/A 47.1% - 62% 48.8% - 65.3% 45
Sundry (SME) Loan 35.00%-37.00% annual, Decl Bal 1 Fee 1 Ins None N/A 66.3% - 66.4% 69.6% - 69.7% 50
Susu Loan 35.00%-37.00% annual, Decl Bal 1 Fee 1 Ins None N/A 66% - 66.6% 69.2% - 69.9% 50
Institution Price Graph
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  2. GOF
Please note that the information you are viewing is 172 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Growing Opportunity Finance (India) Pvt. Ltd. No.12, Ramasamy Street, I FloorT. NagarChennai, Tamil Nadu600017
Data approved: 2011-01-01
Data version: 1
Age of data: 172 months

Product

Livestock Loan Product 1 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (INR)INR 2,000,000
Portfolio (USD)USD 37,735.85
Active Clients with Loans1,205
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help groupx
Other
Description
Designed for the purchase of cattle.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherOnly for purchase of farm animals
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
OtherTraining from veterinarian
Other (2)Health / Social Issue Training
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Household income <60,000 INR
Household income <120,000 INR
Must live in rural area
Must lives in urban area
Other
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
CurrencyINR
Minimum loan sizeINR 12,000
Maximum loan size20,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term24.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
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 interest1.00%
Highest quoted nominal interest1.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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 forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Livestock Loan samples
Sample 1Sample 2Sample 3
Loan AmountINR 15,000INR 17,000INR 18,000
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2010-05-202010-05-282010-04-19
Loan Term (Months)12.1 months12.1 months12.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component25.7%25.7%25.5%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)25.7%25.7%25.5%
MFIN MFI Earning (Annualised)25.7%25.7%25.5%
MFIN Cost to Borrower (Annualised)25.7%25.7%25.5%
Transparency Index474747
MFIN Transparency IndexN/AN/AN/A
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Livestock Loan Price Graphs


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# Countries
# Borrowers
Loan Portfolio (USD)
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% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
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