Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.kadet.co.ke/ |
Year established | 2001 |
Head of Institution | Fidel Okillah |
Regions active | Central, Coast, Eastern, Nairobi, Nyanza, Rift Valley, Western |
# Branches | 39 |
Total Portfolio (nat'l) | KES 447,325,485 |
Total Portfolio (USD) | USD 5,402,481.70 |
Active clients with loans | 12,923 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 40% - 60% |
Network affiliations | |
Funders |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.richstepinvestment.com |
Year established | 2007 |
Head of Institution | Stephen Dzovor |
Regions active | Greater Accra Region |
# Branches | 9 |
Total Portfolio (nat'l) | GHS 200,000 |
Total Portfolio (USD) | USD 101,522.84 |
Active clients with loans | 150 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, GCSCA |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | KES 5,000 - 1,000,000 | 3 - 24 | 40% - 60% | 60% - 80% | Agriculture | Women, Men | Credit Ins, Tech Asst Visits | |||||||
Business Loan | KES 3,000 - 3,000,000 | 3 - 24 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
School Fees Loan | KES 5,000 - 150,000 | 3 - 12 | 60% - 80% | 40% - 60% | Education | Women, Men | Credit Ins | |||||||
Asset Loan | KES 5,000 - 1,600,000 | 3 - 12 | 20% - 40% | 60% - 80% | Business, Consumer, Other | Women, Men | Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Petty Traders Loan | GHS 50 - 1,000 | 1 - 5 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, Have home or land, Specific age group | Group Mtgs, Credit Ins, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 25% - 26.1% | 35.3% - 40.9% | 47 | ||||||||
Business Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 35.7% - 47.6% | 60.8% - 91.1% | 25 | ||||||||
School Fees Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 43.3% - 46.7% | 45.8% - 51.1% | 37 | ||||||||
Asset Loan | 18.0%-19.5% annual, Flat | 1 Fee | 1 Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 43.4% - 50.1% | 70.6% - 104.4% | 21 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Petty Traders Loan | 60.00%-120.00% annual, Flat | 2 Fees | 0 | None | 25.00% upfront | 147.3% - 245.4% | 259.4% - 420.1% | 16 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 25% - 26.1% | 35.3% - 40.9% | 47 | ||||||||
Business Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 35.7% - 47.6% | 60.8% - 91.1% | 25 | ||||||||
School Fees Loan | 18.0%-22.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 43.3% - 46.7% | 45.8% - 51.1% | 37 | ||||||||
Asset Loan | 18.0%-19.5% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0%-30.0% upfront 400.00 ongoing | 43.4% - 50.1% | 70.6% - 104.4% | 21 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Petty Traders Loan | 60.00%-120.00% annual, Flat | 2 Fees | 0 | None | 25.00% upfront | 147.3% - 245.4% | 259.4% - 420.1% | 16 |
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