Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.rafode.org/ |
Year established | 2005 |
Head of Institution | Antony Mayodi |
Regions active | Nyanza, Rift Valley, Western |
# Branches | 2 |
Total Portfolio (nat'l) | KES 31,000,000 |
Total Portfolio (USD) | USD 374,396.14 |
Active clients with loans | 3,120 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders |
Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.lowerpraruralbank.com/ |
Year established | 1983 |
Head of Institution | Isaac Kwamina Afful |
Regions active | |
# Branches | 14 |
Total Portfolio (nat'l) | GHS 12,443,472 |
Total Portfolio (USD) | USD 6,316,483.25 |
Active clients with loans | 34,056 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, ARB APEX |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | KES 3,000 - 78,000 | 6 - 18 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Home-based care training, HIV/AIDS counseling |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | GHS 1,000 - 30,000 | 1 - 12 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Salary Loan | GHS 500 - 11,000 | 1 - 60 | 40% - 60% | 80% - 100% | Business | Women, Men | Credit Ins | |||||||
Susu Loan | GHS 200 - 3,500 | 1 - 12 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits, Market trends |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 18.0%-36.0% annual, Flat | 1 Fee | 1 Ins | None | 20.0% upfront 200.00 ongoing | 38.7% - 125% | 110% - 232.9% | 11 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 18.0%-36.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 20.0% upfront 200.00 ongoing | 38.7% - 125% | 110% - 232.9% | 11 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
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