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Institution
Data approved: 2011-12-07
Data version: 1
Age of data: - months
Description
Loans granted are with other services like business development skills training,HIV/AIDS.prevention and management education,malaria prevention to enhance the repayment of the loan.These loans are granted to a group of between 5-15 membership.\r
Any purpose Income generation x Mortgage/housing Consumer loan Agriculture Education Other household finance Other Petty trading Other (2) Loan for farmers, fish mongers
Credit education x Group meetings x Credit insurance x Workplace visits Business training Other training Other Other (2) No other services
Men x Women x Must run a business x Must own a home or land Must be a salaried worker Must be specific age group x Other Other (2)
Portfolio Size by Product
Geographic Coverage
# Regions for this institution N/A # Regions for this product N/A Regions Active
Loan Conditions
Currency GHS Minimum loan size GHS 50 Maximum loan size 1,000
Shortest loan term 4.0 months Longest loan term 6.0 months Approx average 4.0 months
Loans 3 months or less N/A Between 4 and 6 months N/A Between 7 and 9 months N/A Between 10 and 12 months N/A Between 13 and 18 months N/A Longer than 18 months N/A
Daily Weekly x Every 2 weeks x Every 4 weeks Monthly Every 2 months Quarterly Every 6 months Every 12 months Single end payment Irregular payments
Pricing Information
Interest
Lowest quoted nominal interest 1.25% Highest quoted nominal interest 1.25% Interest rate period Weekly Interest Rate Calculation Method Flat Subsidized by funder request? N/A Is rate fixed for entire loan term Yes
Upfront Fees Fee 1 Description Processing fees % of loan amount - min 4.00% % of loan amount - max 4.00% OR, Fixed amount - min 0 Fixed amount - max 0 Reason for variation Appears on Repayment Sched? No
Ongoing Fees This product has no ongoing fees Upfront Insurance Fees Ins 1 Description Insurance Fee % of loan amount - min 2.00% % of loan amount - max 2.00% OR, Fixed amount - min 0 Fixed amount - max 0 Reason for variation Appears on Repayment Sched? No
Ongoing Insurance Fees This product has no ongoing insurance fees
Required for All Criteria N/A Is deposit indicated on the repayment schedule? Yes Do borrowers control deposit in their group? Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited 20.00% - N/A or, Fixed-amount deposited 0 - N/A
Deposits DURING period payments
% loan amount deposited 0 - N/A or, Fixed-amount deposited 0 - N/A Conditions on access to deposit End Term
Interest Paid on Deposit
Minimum interest rate paid 0 Maximum interest rate paid 0 Interest payment frequency N/A
Taxes
Are taxes charged on this product? No
Additional Comments
This loan is sometimes risky if the group is not effectively oriented or mobilization is improper done.
Group lending Price Graphs
0 100 Pricing Transparency Index Regulated Inst. Not Regulated Inst. NGO Institution Type Business Loan Purpose DQF Institution GH-017-V01-P03 Product GH Country 2011 Year Range Number 1 Institution Data Version 0 100 200 300 400 500 Loan Size (all) 0% 50% 100% 150% 200% 250% Full APR (int fee ins tax dep) > 300 100 20 Number 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.
