Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.eb-accion.com |
Year established | 2008 |
Head of Institution | Mrs. Frances Adu-Mante |
Regions active | Greater Accra Region, Ashanti Region, Brong Ahafo Region |
# Branches | 8 |
Total Portfolio (nat'l) | GHS 23,675,529 |
Total Portfolio (USD) | USD 12,018,035.03 |
Active clients with loans | 9,401 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | Ghana Association of Savings and Loans Companies, GHAMFIN |
Funders | Ecobank Ghana Ltd, Ecobank Transitional Inc, ACCION International, IFC |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1996 |
Head of Institution | Pramod Kumar Paliwal |
Regions active | |
# Branches | 10 |
Total Portfolio (nat'l) | INR 98,799,721 |
Total Portfolio (USD) | USD 1,864,145.68 |
Active clients with loans | 13,170 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 20% - 40% |
Network affiliations |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | GHS 50 - 3,000 | 3 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
Micro Express | GHS 50 - 1,000 | 3 - 6 | 60% - 80% | 60% - 80% | Business | Women, Men, Specific age group | Credit Ins | |||||||
Adwuma Pa | GHS 3,000 - 15,000 | 3 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
Micro Plus | GHS 15,000 - 30,000 | 3 - 24 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
SME | GHS 30,000 - 50,000 | 3 - 24 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
Group | GHS 600 - 3,000 | 3 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sampda | INR 35,000 - 35,000 | 16 | 80% - 100% | 20% - 40% | Business, Can only be used for FIXED assets, Asset Creation of Borrower's Choice | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
Shahyog | INR 10,000 - 16,000 | 12 | 80% - 100% | 20% - 40% | Business, Housing | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 81.2% - 82.6% | 83.9% - 120.9% | 52 | |||||||||
Micro Express | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 2.50-10.00 ongoing | 87.8% - 95.1% | 154.3% - 180.7% | 29 | ||||||||
Adwuma Pa | 45.0% annual, Flat | 1 Fee | 1 Ins | None | 61.3% - 76.6% | 68.3% - 78% | 61 | |||||||||
Micro Plus | 42.0%-45.0% annual, Flat | 1 Fee | 1 Ins | None | 74% - 76.6% | 75.2% - 78.2% | 54 | |||||||||
SME | 38.4%-42.0% annual, Flat | 1 Fee | 1 Ins | None | 59.9% - 64.5% | 60.7% - 66.9% | 59 | |||||||||
Group | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 2.50-10.00 ongoing | 74.1% - 77.1% | 111.6% - 118.8% | 41 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sampda | 0% | 29.2% | 32.4% | N/A | ||||||||||
Shahyog | 0% | 31.7% | 35.9% | N/A |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 81.2% - 82.6% | 83.9% - 120.9% | 52 | |||||||||
Micro Express | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 2.50-10.00 ongoing | 87.8% - 95.1% | 154.3% - 180.7% | 29 | ||||||||
Adwuma Pa | 45.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 61.3% - 76.6% | 68.3% - 78% | 61 | |||||||||
Micro Plus | 42.0%-45.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 74% - 76.6% | 75.2% - 78.2% | 54 | |||||||||
SME | 38.4%-42.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 59.9% - 64.5% | 60.7% - 66.9% | 59 | |||||||||
Group | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 2.50-10.00 ongoing | 74.1% - 77.1% | 111.6% - 118.8% | 41 |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sampda | 0% | 29.2% | 32.4% | N/A | ||||||||||
Shahyog | 0% | 31.7% | 35.9% | N/A |
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