Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1990 |
Head of Institution | Mike D Tizaayel |
Regions active | |
# Branches | 6 |
Total Portfolio (nat'l) | GHS 3,838,180 |
Total Portfolio (USD) | USD 1,948,314.72 |
Active clients with loans | 9,508 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | GHAMFIN, ARB |
Funders | Trias Ghana, Speed Ghana, Action Aid |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2001 |
Head of Institution | Ms Pronati Sadak |
Regions active | |
# Branches | 2 |
Total Portfolio (nat'l) | INR 58,745,694 |
Total Portfolio (USD) | USD 1,108,409.32 |
Active clients with loans | 7,600 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 60% - 80% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | GHS 200 - 2,000 | 4 - 8 | 0% - 20% | 0% - 20% | Agriculture | Women, Men | Credit Educ, Group Mtgs, Business Training | |||||||
Bonzali Microfinance Loan | GHS 200 - 3,000 | 4 - 12 | 60% - 80% | 0% - 20% | Any Purpose | Women, Men | Credit Educ, Group Mtgs, Business Training | |||||||
Commercial Loan | GHS 500 - 3,000 | 6 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Business Training | |||||||
Personal and Salary Loan | GHS 100 - 2,000 | 6 - 12 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | INR 5,000 - 50,000 | 6 - 12 | 80% - 100% | 60% - 80% | Business | Women, Have business | Credit Educ, Credit Ins, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 88.2% | 102.4% | 29 | ||||||||
Bonzali Microfinance Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 80.1% - 81.3% | 96.5% - 100.8% | 30 | ||||||||
Commercial Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00 upfront | 68.4% - 206.6% | 69.7% - 212.3% | 25 | ||||||||
Personal and Salary Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | N/A | 58.6% - 62.1% | 58.6% - 62.1% | 50 |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 0 | 36.6% | 45.4% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 16.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront | 36.6% | 45.4% | 35 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 88.2% | 102.4% | 29 | ||||||||
Bonzali Microfinance Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 80.1% - 81.3% | 96.5% - 100.8% | 30 | ||||||||
Commercial Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00 upfront | 68.4% - 206.6% | 69.7% - 212.3% | 25 | ||||||||
Personal and Salary Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A | 58.6% - 62.1% | 58.6% - 62.1% | 50 |
Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 0 | 36.6% | 45.4% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 16.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.0% upfront | 36.6% | 45.4% | 35 |
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