- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	136
AMPL	0	0	0	136
Arman	41,500	529,107,000	1	136
Arohan	43,500	8,091,000	2	136
ASA INDIA	164,000	15,380,000	1	136
Asirvad	113,500	19,328,000	1	136
Asmitha	1,114,800	217,867,000	1	136
Bandhan	4,048,600	674,564,000	5	136
Belstar	123,000	23,945,000	2	114
BSFL	275,200	31,590,000	3	136
Chaitanya	20,700	3,748,000	3	136
Disha Microfin	69,000	14,332,000	2	136
Equitas	1,220,000	186,415,000	4	136
ESAF	354,200	43,500,000	5	136
FFSL	150,600	35,719,000	2	136
Fusion	66,800	9,820,000	2	136
Grama Vidiyal	738,200	102,101,000	1	136
Grameen Koota	586,600	83,555,000	15	138
Janalakshmi	506,000	119,077,000	2	136
L & T Finance	399,800	37,199,000	1	136
MFL	331,800	49,083,000	1	136
MMFL	175,000	23,752,000	2	136
Mpower	13,600	2,263,000	2	136
Sahayata	0	0	0	136
Saija	24,700	4,682,000	2	136
Samasta	45,500	4,809,000	2	136
Satin	405,600	90,174,000	2	136
SCCI	115,600	15,910,000	2	136
Share	2,195,400	376,727,000	1	136
SKS	3,409,000	355,029,000	2	136
SMILE	360,200	56,927,000	1	136
SNFL	9,400	1,779,000	1	136
Sonata Finance	158,200	22,724,000	3	138
Spandana	533,400	147,240,000	2	136
Suryoday	78,600	14,713,000	3	136
SVCL	118,200	18,886,000	1	136
Swadhaar	92,800	17,166,000	3	136
Trident	68,700	8,852,000	1	136
Ujjivan	913,300	160,848,000	5	136
Utkarsh	168,600	25,915,000	3	136
VFS	175,400	19,264,000	2	136
Asomi	50,300	4,743,000	2	168
AES India	3,600	286,000	1	168
Arth	2,900	611,000	2	168
Asomi	50,300	4,743,000	2	168
Barasat GS	1,100	99,508.02	1	168
BJS	6,000	468,000	1	168
Cashpor	417,000	50,452,000	1	167
Credible	10,000	1,669,540.36	2	168
DIBAKAR	1,800	145,000	1	167
GOF	65,200	5,388,000	4	167
Hope	62,600	4,407,000	1	165
Jaago	2,700	237,000	1	166
LOK	4,900	573,000	1	167
Nano	25,600	3,660,000	2	168
NBSAAVS	28,100	2,821,000	1	165
Nirantara	8,200	917,000	2	167
Parama	7,100	482,000	1	167
Pragathi	26,200	4,579,000	6	167
PWMACS	36,500	5,946,000	1	167
Saadhana	90,900	12,046,000	2	167
Sambhav	1,500	183,000	3	167
Seba Rahara	6,700	468,000	1	167
SU	61,100	5,498,000	1	167
Swayanshree	7,900	918,000	2	167
Vikas Samiti	1,600	168,000	1	167
Vistaar	4,300	1,157,000	2	165
We The People	1,100	244,000	2	167
WEMCS	1,100	85,000	1	167
Yukti	1,100	99,000	2	167

Please note that the information you are viewing is 136 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

CRAN Microfinance Head OfficeCape Coast, CentralP.O. Box UC 97

Data approved: 2013-02-18

Data version: 2

Age of data: 136 months

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Product

Group Loans Product 1 of 2 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (GHS)	GHS 1,569,958
Portfolio (USD)	USD 796,932.99
Active Clients with Loans	3,234
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group	x
Village banking
Self help group
Other

Description

These loans include group susu (smaller group sizes). Repayment is small and on daily basis with an accompanying weekly credit education. Loans are disbursed in a group.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits
Business training
Other training
Other	Savings promotion
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business	x
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 institution	3
# Regions for this product	3
Regions Active	Central Region, Western Region, Volta Region

Loan Conditions

Loan Amount

Currency	GHS
Minimum loan size	GHS 200
Maximum loan size	3,000

Distribution at Disbursement (Est.)

Loans less than GHS 1,000	80%
GHS 1,000-5,000	20%
GHS 5,000-7,500	0
GHS 7,500-10,000	0
GHS 10,000-13,000	0
Greater than GHS 13,000	0

Loan Term and Grace Period

Shortest loan term	4.0 months
Longest loan term	12.0 months
Approx average	6.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	70%
Between 7 and 9 months	30%
Between 10 and 12 months	0
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily	x
Weekly	x
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	42.00%
Highest quoted nominal interest	42.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	1.75%
% of loan amount - max	1.75%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Fee
% of loan amount - min	1.25%
% of loan amount - max	1.25%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?	No
Do borrowers control deposit in their group?	No

Deposit BEFORE or AT Disbursement

% loan amount deposited	20.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	1.00%
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Group Loans samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	GHS 300	GHS 800	GHS 1,535	GHS 3,055
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2013-01-07	2013-01-07	2012-11-22	2012-11-22
Loan Term (Months)	4.0 months	4.0 months	6.0 months	6.0 months
Grace Period (Months)	0.0 months	0.0 months	0.1 months	0.1 months
Total Cost of Credit	GHS 51	GHS 136	GHS 368.40	GHS 733.20
True Price by Comp
Interest price component	64.5%	64.5%	67.1%	67.1%
Fee Component	8.8%	8.8%	6.4%	6.4%
Insurance Component	6.4%	6.4%	4.6%	4.6%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	34.3%	34.3%	34.7%	34.7%
Full APR (int fee ins tax dep)	114.0%	114.0%	112.8%	112.8%
Transparency Index	37	37	37	37

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Group Loans Price Graphs

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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

	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 ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Group Loans samples

Group Loans Price Graphs

Total Borrowers of Samples

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