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Institution

Action Now Kenya P.O. Box 8576Nairobi
Data approved: 2013-06-25
Data version: 2
Age of data: 142 months

Institution

Initiative Development-Ghana FNGO Head OfficeStephens Close, Dansoman SNNIT Flats, Opposite Block 15Accra, Greater AccraP.O. Box GP 19382
Data approved: 2013-02-19
Data version: 2
Age of data: 141 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.ank.or.ke
Year established2001
Head of InstitutionIrene Kamau
Regions activeNairobi, Rift Valley
# Branches3

Total Portfolio (nat'l)KES 4,973,979
Total Portfolio (USD)USD 60,072.21
Active clients with loans127
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.idghana.org/
Year established1998
Head of InstitutionStephen Mawuli Kwesi Dugbazah
Regions activeGreater Accra Region
# Branches5

Total Portfolio (nat'l)GHS 1,879,142
Total Portfolio (USD)USD 953,879.19
Active clients with loans5,689
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, ASSFIN, AMT
FundersEntrepreneurs du Monde, Air Liquide, TECHNIP, French Embassy

Loan Products » Summary

Retired Product
This institution does not currently offer microloans, reported to MFTransparency on 2013-06-25

Loan Products » Summary

277 Borrowers
USD 38,994.42 Portfolio
Active Product
138 Borrowers
USD 3,205.08 Portfolio
Active Product
5,274 Borrowers
USD 911,679.19 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Front Desk GHS 100 - 5,000 3 - 9 80% - 100% 80% - 100% Business Women, Men, Have business Credit Educ, Business Training, Other Training, Life skill training, counciling, and referral services.
Kick Start GHS 20 - 200 6 80% - 100% 80% - 100% Business Women Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services.
Onipa Nua (Each other's keepers) GHS 100 - 5,000 3 - 9 80% - 100% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services.

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Front Desk 36.0% annual, Flat 1 Fee 0 Ins None N/A 68.9% - 74.9% 68.9% - 74.9% 49
Kick Start 0.0% annual, Flat 0 Fees 0 Ins None N/A 0% 0% 100
Onipa Nua (Each other's keepers) 36.0% annual, Flat 1 Fee 0 Ins None N/A 70.3% - 71.2% 70.3% - 71.2% 50

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Front Desk 36.0% annual, Flat 1 Fee 0 Ins Ins None N/A 68.9% - 74.9% 68.9% - 74.9% 49
Kick Start 0.0% annual, Flat 0 Fees 0 Ins Ins None N/A 0% 0% 100
Onipa Nua (Each other's keepers) 36.0% annual, Flat 1 Fee 0 Ins Ins None N/A 70.3% - 71.2% 70.3% - 71.2% 50
Institution Price Graph
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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