| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1982 |
| Head of Institution | C.K Ablerdu |
| Regions active | 0 |
| # Branches | 9 |
| Total Portfolio (nat'l) | GHS 6,917,462 |
| Total Portfolio (USD) | USD 4,611,641.33 |
| Active clients with loans | 4,110 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | ARB Apex, GHAMFIN |
| Funders | SPEED Ghana, MiDA, MASLOC |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial Loan | GHS 500 - 90,000 | 6 - 18 | 20% - 40% | 60% - 80% | ||||||||||
| Salary Loan | GHS 200 - 6,000 | 6 - 18 | 20% - 40% | 60% - 80% | ||||||||||
| Susu Loan | GHS 50 - 20,000 | 3 - 12 | 60% - 80% | 40% - 60% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Commercial Loan | 28.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 38.1% - 65% | 68.4% - 113.1% | 28 | ||||||||||
| Salary Loan | 30.00%-0.00% annual, Flat | 2 Fees | 0 Ins | 38.8% - 56.6% | 45.6% - 66.6% | 52 | ||||||||||
| Susu Loan | 28.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 50.1% - 58.3% | 172% - 240.8% | 12 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AccessBank | 82,400 | 199,224,000 | 4 | 181 |
| Bank of Baku | 59,500 | 123,214,000 | 4 | 181 |
| DemirBank | 14,100 | 25,597,000 | 2 | 125 |
| FINCA | 154,600 | 233,358,000 | 12 | 125 |
| Parabank | 10,300 | 37,235,000 | 3 | 181 |
| Turanbank | 2,600 | 326,000 | 5 | 181 |
| Unibank | 800 | 64,000 | 1 | 181 |
| Viator | 19,500 | 20,468,000 | 8 | 124 |
| Key Statistics | |
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| # Products | |
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| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
