2. PMPC
Please note that the information you are viewing is 164 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. ASA-Ghana
Please note that the information you are viewing is 145 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Paglaum Multi Purpose Cooperative 2F PMPC Bldg., Eastern LoocPlaridel, Misamis Occidental7209
Data approved: 2011-11-15
Data version: 1
Age of data: 164 months

Institution

ASA-Ghana P.O.Box MP 1834, MamprobiKaneshie-Accra, Greater Accra233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Product

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Product

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Product Summary

Number borrowers1,520
Loan Amount (range)PHP 5,000 - 5,000
Loan Term (range)3 - 6
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins
Annual Interest & Method30.0%-36.0% annual, Flat
Fees4.00% upfront 100.00 upfront
Insurance1.50% upfront 20.00 ongoing
TaxNone
Comp Dep6.5% upfront 26.00 ongoing
Range of pricing 
Interest Price ComponentN/A
Fee Component13.4% - 84.8% (Int+Fee)
Insurance Component2.2% - 83.9%
Tax Component Range0
Full APR (int fee ins tax dep)22.1% - 114.2%
Transparency Index (min/max)15 - 136
Transparency Index (average)68

Product Summary

55,411
GHS 300 - 1,000
6 - 12
36.00%-0.00% annual, Flat
 
N/A
62.8% - 75.7% (Int+Fee)
2.2% - 4.7%
0
81.7% - 106.7%
33 - 44
40

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 3,701,020
Portfolio (USD)USD 88,541.15
Active Clients with Loans1,520
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
To provide additional capital to all regular members (ambulant vendors) with an existing business specific within the public market area.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be Coop member
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 19,755,896
Portfolio (USD)USD 13,170,597
Active Clients with Loans55,411
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is called the small loans which are taken usually by pety traders. The first cycle only allows a client to take between 300 and 500 Ghana Cedis and if payment is done well, will be allowed to take out a larger loan\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Otherpetty traders
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Othercan use to start business
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 5,000
Maximum loan size5,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 300
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest2.50%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesN/A
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionService FeeNotarial Fee
% of loan amount - min4.00%0
% of loan amount - max4.00%0
OR, Fixed amount - min0100
Fixed amount - max0100
Reason for variationN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min1.50%
% of loan amount - max1.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
Ins 1
DescriptionMBA, Life and Retirement Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min20
Fixed amount - max20
Reason for variationN/A
Appears on Repayment Sched?No
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.50%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 26
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid3.00%
Maximum interest rate paid3.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionRegistration fee
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min3
Fixed amount - max3
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - NA
or, Fixed-amount deposited0 - NA
Deposits DURING period payments
% loan amount deposited0 - NA
or, Fixed-amount depositedGHS 3 - NA
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?
Additional Comments
The continuing savings amount can vary, but is on average GhC 3.

Full Pricing Data

MEDAL 1 samples
Sample 1Sample 2Sample 3
Loan AmountPHP 5,000PHP 5,000PHP 5,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-07-142011-07-122011-07-12
Loan Term (Months)5.6 months6.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component84.8%51.9%13.4%
Insurance Component21.6%16.5%6.6%
Tax Component0.0%0.0%0.0%
Deposit Component7.8%2.7%2.2%
Full APR (int fee ins tax dep)114.2%71.1%22.1%
Transparency Index2642100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Small Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan Amount300500700800
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2012-07-232013-01-282013-02-011900-01-00
Loan Term (Months)10.5 months5.6 months10.5 months10.5 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component75.7%63.1%69.8%62.8%
Insurance Component2.7%3.8%2.5%2.2%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component28.3%17.8%13.6%16.7%
Full APR (int fee ins tax dep)106.7%84.8%85.9%81.7%
Transparency Index34424244
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
MEDAL 1 Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeBusinessLoan PurposePMPCInstitutionPH-033-V01-P04ProductPHCountry2011YearRange Number1Institution Data Version01,0002,0003,0004,0005,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 70030040Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Small Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Institution TypeLoan PurposeInstitutionProductCountryYearRange NumberInstitution Data VersionLoan Size (all)Full APR (int fee ins tax dep)> NaNNaNNaNNaNNaNNumber of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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