| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AGFS | 200 | 47,000 | 2 | 160 |
| Ahantaman RB | 23,800 | 9,896,000 | 4 | 142 |
| APED | 13,700 | 1,876,000 | 2 | 142 |
| ASA Initiative | 4,400 | 577,000 | 4 | 142 |
| ASA-Ghana | 71,600 | 18,385,000 | 2 | 142 |
| ASPI | 800 | 88,000 | 6 | 142 |
| Atwima Kwanwoma | 3,800 | 1,788,000 | 2 | 142 |
| Baobab | 5,100 | 967,000 | 2 | 142 |
| BestFUND | 13,000 | 4,172,000 | 3 | 142 |
| Bonzali Rural | 10,400 | 1,691,000 | 4 | 160 |
| CashPhase | 83 | 135,000 | 2 | 142 |
| CASUD | 1,100 | 524,000 | 1 | 142 |
| CEDEF | 500 | 54,000 | 4 | 142 |
| CFF | 100 | 13,000 | 1 | 142 |
| CRAN | 3,600 | 1,019,000 | 2 | 142 |
| DQF | 1,700 | 63,000 | 2 | 142 |
| EASL | 9,200 | 11,409,000 | 6 | 142 |
| East Mamprusi | 12,500 | 2,268,000 | 4 | 142 |
| ELDA | 0 | 0 | 0 | 142 |
| EMPRETEC Ghana | 200 | 56,000 | 2 | 142 |
| FASL | 13,500 | 14,047,000 | 8 | 142 |
| Grameen Ghana | 9,500 | 507,000 | 3 | 142 |
| ID-Ghana | 5,600 | 953,000 | 3 | 142 |
| Innovative Finance | 2,700 | 354,000 | 3 | 142 |
| Kraban Support | 7,700 | 781,000 | 5 | 160 |
| KRB | 4,000 | 6,350,000 | 3 | 142 |
| Lower Pra RB | 34,000 | 6,316,000 | 3 | 160 |
| Maata-N-Tudu | 12,000 | 941,000 | 4 | 142 |
| Mail Finance | 300 | 288,000 | 1 | 142 |
| Markaz | 0 | 0 | 0 | 142 |
| Markaz Al Bishara | 100 | 17,000 | 1 | 142 |
| MicrofinPlus Gh | 1,100 | 251,000 | 2 | 142 |
| Nwabiagya RB | 4,000 | 2,265,000 | 3 | 142 |
| OISL | 62,000 | 27,232,000 | 9 | 142 |
| Pro Credit | 0 | 0 | 0 | 142 |
| Rich Step | 100 | 101,000 | 1 | 142 |
| SAT | 147,600 | 29,359,000 | 4 | 142 |
| Sekam Trust | 600 | 137,000 | 2 | 142 |
| Simli Pong | 8,900 | 463,000 | 3 | 160 |
| SS Ghana | 200 | 35,000 | 1 | 142 |
| TCCU | 100 | 32,000 | 3 | 142 |
| The Bridge | 400 | 32,000 | 3 | 160 |
| Union RB | 3,800 | 2,361,000 | 4 | 142 |
| Outstanding portfolio (MWK) | MWK 738,988,641 |
| Portfolio (USD) | USD 1,894,842.67 |
| Active Clients with Loans | 10,659 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | x |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | Running a farming enterprise |
| Other (2) |
| # Regions for this institution | 16 |
| # Regions for this product | 19 |
| Regions Active | Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Salima, ChitipaKaronga, Mzimba, Nkhata Bay, Rumphi, Blantyre, ChikwawaMangochi, Mulanje, Nsanje, Thyolo, Zomba |
| Currency | MWK |
| Minimum loan size | MWK 200,000 |
| Maximum loan size | 50,000,000 |
| Loans less than MWK 50,000 | 0 |
| MWK 50,000-150,000 | 0 |
| MWK 150,000-250,000 | 20% |
| MWK 250,000-350,000 | 30% |
| MWK 350,000-450,000 | 20% |
| Greater than MWK 450,000 | 20% |
| Shortest loan term | 3.0 months |
| Longest loan term | 48.0 months |
| Approx average | 12.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 10% |
| Between 7 and 9 months | 10% |
| Between 10 and 12 months | 20% |
| Between 13 and 18 months | 20% |
| Longer than 18 months | 40% |
| Grace period usage | 70% |
| Average grace period | 6.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | x |
| Irregular payments |
| Lowest quoted nominal interest | 37.00% |
| Highest quoted nominal interest | 40.00% |
| Reason(s) why interest rate varies | Time as Client, Client Risk |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Processing Fee |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 15.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 7.00% |
| Maximum interest rate paid | 7.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
| Sample 1 | Sample 2 | Sample 4 | |||
|---|---|---|---|---|---|
| Loan Amount | MWK 200,000 | MWK 300,000 | MWK 500,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2012-10-04 | 2012-10-04 | 2012-10-04 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | ||
| Grace Period (Months) | 11.0 months | 11.0 months | 11.0 months | ||
| Total Cost of Credit | MWK 78,000 | MWK 116,000 | MWK 195,000 | ||
| True Price by Comp | |||||
| Interest price component | 31.8% | 31.6% | 31.8% | ||
| Fee Component | 2.1% | 2.0% | 2.1% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 5.1% | 5.1% | 5.1% | ||
| Full APR (int fee ins tax dep) | 39.0% | 38.7% | 39.0% | ||
| Transparency Index | 95 | 96 | 95 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
