2. Grameen Ghana
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Grameen Ghana Head OfficeBehind RCCTamale, Northern
Data approved: 2013-03-14
Data version: 2
Age of data: 139 months
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Product

Agriculture Business Loan Product 1 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 239,713
Portfolio (USD)USD 121,681.73
Active Clients with Loans2,281
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for the purpose of agriculture production. Both men and women are eligible in groups of up to 50 members, with a loan term between 6-12 months, and a nominal interest rate of 30% flat method.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgricultural Production
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
OtherTraining in health, nutrition, sanitation, breast-feeding, and malaria prevention.
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 400
Maximum loan size1,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months60%
Between 7 and 9 months40%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 monthsx
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
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
This product has no upfront insurance fees
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

Full Pricing Data

Agriculture Business Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 600GHS 700GHS 800
Loan Cycle (1, 2, 3, etc)222
Disbursement Date2012-11-152012-11-152012-11-15
Loan Term (Months)10.0 months10.0 months10.0 months
Grace Period (Months)1.0 month1.0 month1.0 month
Total Cost of CreditGHS 150GHS 175GHS 200
True Price by Comp     
Interest price component45.8%45.8%45.8%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)45.8%45.8%45.8%
Transparency Index656565
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Agriculture Business Loan Price Graphs


Click to view Price Analysis Tool
Institution # Borrowers Portfolio (US$) Products Age of Data
APAS320128,0002163
BRAC-UGA139,20028,254,0003119
Centenary Bank133,802221,144,2314144
EBO SACCO1,5001,240,3822144
Equity Bank13,06957,252,0040144
Finance Trust22,55517,520,4245144
FINCA-UGA56,30027,402,0004117
Five Talents5,365368,0572144
Gatsby1,3462,440,2362144
Habitat Uganda858265,5081144
Hofokam20,9084,793,2006144
KACITA15660,3181144
Madfa SACCO4,832288,6745144
Opportunity23,73413,560,84613144
RUCREF5,557898,3804163
Rushere SACCO983574,5492144
SAO20462,7681144
Silver Upholders2,111189,1894144
THPU6,528676,3911144
UGAFODE8,1974,720,4469144
VF Uganda13,0723,221,6755144
Wakiso513276,0001144
Y-SAVE2081,686,4851144
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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
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