| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | Mr James Acquaye |
| Regions active | Northern Region |
| # Branches | 3 |
| Total Portfolio (nat'l) | GHS 4,468,812 |
| Total Portfolio (USD) | USD 2,268,432.49 |
| Active clients with loans | 13,801 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | UNDP, TRIAS GHANA, SPEED GHANA, Oxfam |
| Funders | TRAIS, UNDP, SPEED, NORTHFIN |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credit With Education (CWE) Loan | GHS 200 - 1,000 | 6 - 8 | 80% - 100% | 0% - 20% | Business | Women, Have business, Specific age group, Must be 18 years of age., Must have residence in the community near relevant branch. | Credit Ins | |||||||
| Salary Loan | GHS 500 - 15,000 | 6 - 36 | 40% - 60% | 0% - 20% | Consumer, Education | Women, Men, Salaried worker | Credit Ins, Overdraft |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credit With Education (CWE) Loan | 20.00% annual, Flat | 0 Fees | 0 Ins | None | 20.00% upfront | 67% | 97.5% | 20 | ||||||||
| Salary Loan | 30.00% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 46.7% - 48.4% | 46.7% - 48.4% | 62 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| APAS | 320 | 128,000 | 2 | 160 |
| BRAC-UGA | 139,200 | 28,254,000 | 3 | 116 |
| Centenary Bank | 133,802 | 221,144,231 | 4 | 140 |
| EBO SACCO | 1,500 | 1,240,382 | 2 | 140 |
| Equity Bank | 13,069 | 57,252,004 | 0 | 140 |
| Finance Trust | 22,555 | 17,520,424 | 5 | 140 |
| FINCA-UGA | 56,300 | 27,402,000 | 4 | 114 |
| Five Talents | 5,365 | 368,057 | 2 | 140 |
| Gatsby | 1,346 | 2,440,236 | 2 | 140 |
| Habitat Uganda | 858 | 265,508 | 1 | 140 |
| Hofokam | 20,908 | 4,793,200 | 6 | 140 |
| KACITA | 156 | 60,318 | 1 | 140 |
| Madfa SACCO | 4,832 | 288,674 | 5 | 140 |
| Opportunity | 23,734 | 13,560,846 | 13 | 140 |
| RUCREF | 5,557 | 898,380 | 4 | 160 |
| Rushere SACCO | 983 | 574,549 | 2 | 140 |
| SAO | 204 | 62,768 | 1 | 140 |
| Silver Upholders | 2,111 | 189,189 | 4 | 140 |
| THPU | 6,528 | 676,391 | 1 | 140 |
| UGAFODE | 8,197 | 4,720,446 | 9 | 140 |
| VF Uganda | 13,072 | 3,221,675 | 5 | 140 |
| Wakiso | 513 | 276,000 | 1 | 140 |
| Y-SAVE | 208 | 1,686,485 | 1 | 140 |
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| % Products with compulsory deposits |
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