Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1996 |
Head of Institution | Nana Opare-Dzan |
Regions active | |
# Branches | 4 |
Total Portfolio (nat'l) | GHS 1,539,492 |
Total Portfolio (USD) | USD 781,468.02 |
Active clients with loans | 8,017 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, GAPVOD, ASSFIN, EMPRETEC Business Forum |
Funders | MiDA, International Alliance for Women, Social Investment Fund (SIF), KIVA, EB-ACCION, RHEMA |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agape Loan | GHS 100 - 250 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Extra Mile Loan | GHS 1,200 - 1,200 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Salaried worker, some have businesses, others are salary workers like teachers and nurses | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Green Energy Microfinance(GEM) Loan | GHS 450 - 500 | 6 | 80% - 100% | 0% - 20% | Business, Housing, Other, Health clinic, corn milling business | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Higher Heights Loan | GHS 1,000 - 2,052 | 4 - 12 | 80% - 100% | 80% - 100% | Business, Farmers | Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Training on access to green energy in their agro-processsing activities | |||||||
Sika Rose Loan | GHS 150 - 500 | 6 | 80% - 100% | 80% - 100% | Business, Agricultural produce marketing | Women, Have business | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agape Loan | 20.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 61% - 64.7% | 71.5% - 76.6% | 27 | ||||||||
Extra Mile Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 64.7% | 76.8% | 52 | ||||||||
Green Energy Microfinance(GEM) Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 100.00 upfront | 61% - 67.1% | 86.8% - 96.3% | 42 | ||||||||
Higher Heights Loan | 30.00% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 26% | 26% | 100 | ||||||||
Sika Rose Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 46.8% - 59.5% | 53% - 67.1% | 64 |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
Banco Solidario | 79,700 | 221,716,000 | 1 | 170 |
CEPESIU | 2,000 | 939,000 | 4 | 170 |
COAC 4 Octubre | 2,200 | 5,771,000 | 2 | 170 |
COAC Ambato | 1,300 | 16,415,000 | 2 | 170 |
COAC FondVida | 2,500 | 4,200,000 | 4 | 170 |
COAC LaBenefica | 2,500 | 8,482,000 | 6 | 170 |
COAC MCCH | 5,300 | 10,020,000 | 2 | 170 |
COAC Nacional | 30,700 | 27,129,000 | 2 | 170 |
COAC San José | 10,400 | 29,133,000 | 5 | 170 |
COAC SanAntonio | 1,000 | 2,384,000 | 3 | 170 |
COAC SantaAnita | 2,000 | 2,532,000 | 6 | 170 |
Codesarrollo | 14,400 | 40,328,000 | 7 | 170 |
Coop San Miguel | 1,800 | 4,754,000 | 5 | 166 |
CooP VPR | 700 | 1,052,000 | 4 | 170 |
Cooprogreso | 7,900 | 32,244,000 | 4 | 170 |
Credi Fe | 100,900 | 380,039,000 | 4 | 170 |
D^Miro | 36,900 | 27,692,000 | 9 | 162 |
DECOF | 2,200 | 705,000 | 2 | 170 |
Espoir | 62,100 | 21,036,000 | 5 | 170 |
FODEMI | 28,200 | 12,924,000 | 3 | 170 |
Fundacion Alternativa | 4,300 | 5,545,000 | 2 | 170 |
FUNDAMIC | 2,000 | 1,468,000 | 2 | 170 |
INSOTEC | 7,000 | 6,047,000 | 4 | 170 |
Luz del Valle | 6,400 | 11,300,000 | 3 | 170 |
ProCredit | 43,800 | 211,941,000 | 2 | 170 |
PS Ambato | 5,600 | 2,771,000 | 1 | 170 |
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