Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1999 |
Head of Institution | Joseph S. K. Agamah |
Regions active | Eastern Region, Ashanti Region |
# Branches | 2 |
Total Portfolio (nat'l) | GHS 27,463 |
Total Portfolio (USD) | USD 13,940.61 |
Active clients with loans | 109 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | ASSFIN, GHAMFIN |
Funders | ISODEC |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 2001 |
Head of Institution | M.Ernest Paul |
Regions active | |
# Branches | 41 |
Total Portfolio (nat'l) | INR 668,968,774 |
Total Portfolio (USD) | USD 12,622,052.34 |
Active clients with loans | 90,929 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | GHS 200 - 3,000 | 4 - 9 | 0% - 20% | 0 | Business, Small-scale businesses | Women, Men, Have business, Must be an active farmer. , Must be a farmer group member, and live in the same community as the group. | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | INR 8,000 - 22,000 | 12 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Credit Ins | |||||||
Micro Enterprise Development Loan | INR 25,000 - 50,000 | 12 | 80% - 100% | 80% - 100% | Business | Women | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 48.00% annual, Flat | 1 Fee | 0 | None | 33.30% upfront | 72.9% - 80.2% | 141.6% - 150.5% | 32 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 0% | 26.2% - 27.7% | 28.3% - 32.2% | N/A | ||||||||||
Micro Enterprise Development Loan | 0% | 27.6% - 27.8% | 27.6% - 27.8% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | N/A | 26.2% - 27.7% | 28.3% - 32.2% | 41 | ||||||||
Micro Enterprise Development Loan | 12.5% annual, Flat | 1 Fee | 1 Ins | None | N/A | 27.6% - 27.8% | 27.6% - 27.8% | 45 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 48.00% annual, Flat | 1 Fee | 0 | None | 33.30% upfront | 72.9% - 80.2% | 141.6% - 150.5% | 32 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 0% | 26.2% - 27.7% | 28.3% - 32.2% | N/A | ||||||||||
Micro Enterprise Development Loan | 0% | 27.6% - 27.8% | 27.6% - 27.8% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
General Loan | 12.5% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 26.2% - 27.7% | 28.3% - 32.2% | 41 | ||||||||
Micro Enterprise Development Loan | 12.5% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 27.6% - 27.8% | 27.6% - 27.8% | 45 |
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