2. EASL
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
  2. Cashpor
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

EB ACCION Savings and Loans Ltd No. 4 Nortei Ababio Street Roman RidgePMB CT 127, CantonmentsAccra, Greater Accra
Data approved: 2013-07-31
Data version: 1
Age of data: 141 months

Institution

Cashpor Micro Credit B-4 DIG ColonyMakbool Alam RoadVaranasi, Uttar Pradesh221002
Data approved: 2010-10-25
Data version: 1
Age of data: 172 months

Product

Adwuma Pa Product 3 of 6 « Prev | Next »

Product

Income Generating Loan Product 1 of 1 « Prev | Next »

Product Summary

Number borrowers2,755
Loan Amount (range)GHS 3,000 - 15,000
Loan Term (range)3 - 12
Other Services (text summary)Credit Ins
Annual Interest & Method45.0% annual, Flat
Fees1.50%-2.00% upfront
Insurance0.55%-1.00% upfront
TaxNone
Comp Dep
Range of pricing 
Interest Price Component57.7% - 86.0%
Fee Component2.2% - 9.1%
Insurance Component0.6% - 4.5%
Tax Component Range0 - 0.6%
Full APR (int fee ins tax dep)68.3% - 78.0%
Transparency Index (min/max)27 - 66
Transparency Index (average)61

Product Summary

417,039
INR 2,000 - 25,000
12
Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
13.5% annual, Flat
None
1.00% upfront
None
N/A
 
N/A
25.8% - 26.0% (Int+Fee)
2.1%
0
27.9% - 28.1%
48
48

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 7,020,472.84
Portfolio (USD)USD 3,563,691.80
Active Clients with Loans2,755
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Flexible financing for the growth of your business. Minimum 6 months business experience. 10% interest payback when cash installments are on time.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution3
# Regions for this product3
Regions ActiveGreater Accra Region, Ashanti Region, Brong Ahafo Region

Product Details

Key Statistics
Outstanding portfolio (INR)INR 2,673,981,826
Portfolio (USD)USD 50,452,487.28
Active Clients with Loans417,039
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village bankingx
Self help group
Other
Description
Designed to finance income-generating activities.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
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
CurrencyGHS
Minimum loan sizeGHS 3,000
Maximum loan size15,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,0000
GHS 1,000-5,00090%
GHS 5,000-7,50010%
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months50%
Between 10 and 12 months40%
Between 13 and 18 months0
Longer than 18 months0
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

Loan Conditions

Loan Amount
CurrencyINR
Minimum loan sizeINR 2,000
Maximum loan size25,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
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 interest3.75%
Highest quoted nominal interest3.75%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min1.50%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee increased from 1.5% to 2.0% in March 2013.
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min0.55%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationFee increased from 0.55% to 1.0% in July 2013.
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forSome
CriteriaRequired only if physical collateral provided is not sufficient.
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited0 - 20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest13.50%
Highest quoted nominal interest13.50%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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
Additional Comments
N/A

Full Pricing Data

Adwuma Pa samples
Sample 2Sample 3Sample 4
Loan AmountGHS 6,000GHS 8,000GHS 13,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2013-06-102013-06-032013-06-28
Loan Term (Months)12.0 months12.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.3 months
Total Cost of CreditGHS 2,860GHS 3,283GHS 10,322.50
True Price by Comp     
Interest price component72.4%62.8%59.0%
Fee Component4.2%4.1%2.3%
Insurance Component1.1%1.2%0.7%
Tax Component0.3%0.2%0.0%
Deposit Component0.0%0.0%12.2%
Full APR (int fee ins tax dep)78.0%68.3%74.2%
Transparency Index586661
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Income Generating Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountINR 2,000INR 18,000INR 10,000INR 8,000
Loan Cycle (1, 2, 3, etc)1612
Disbursement Date2010-07-032010-07-062010-07-012010-07-01
Loan Term (Months)12.1 months12.1 months12.1 months12.1 months
Grace Period (Months)2.0 months1.0 month2.0 months2.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component25.8%26.0%25.8%25.8%
Insurance Component2.1%2.1%2.1%2.1%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)27.9%28.1%27.9%27.9%
MFIN MFI Earning (Annualised)25.8%26.0%25.8%25.8%
MFIN Cost to Borrower (Annualised)27.9%28.1%27.9%27.9%
Transparency Index48484848
MFIN Transparency IndexN/AN/AN/AN/A
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
* The APR stated here is an MFTransparency term, definition and formula
Adwuma Pa Price Graphs


Click to view Price Analysis Tool
Income Generating Loan Price Graphs


Click to view Price Analysis Tool
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞