- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
1st Valley Bank	38,900	48,291,000	3	164
AJDFI	13,100	884,000	6	164
ARDCI	44,600	9,403,000	1	164
ASA Philippines	333,400	29,282,000	1	164
ASHI	35,400	5,231,000	6	164
ASKI	60,000	15,247,000	4	164
Bangko Kabayan	8,900	2,373,000	2	164
BSEI	600	73,000	2	164
CBI	8,100	2,010,000	5	164
CCT	70,300	9,504,000	4	164
CEV	35,400	5,111,000	4	164
DSPI	59,300	3,676,000	3	164
ECLOF	5,400	1,836,000	4	164
FCB	12,000	2,392,000	2	164
FMB	2,700	710,000	2	164
GM Bank	23,500	1,553,000	3	164
HSPFI	19,100	1,899,000	2	164
JVOFI	1,300	281,000	1	164
Katipunan Bank	42,100	5,325,000	2	164
KDCI	20,500	2,095,000	3	164
KGI	32,300	3,421,000	4	164
KMBI	245,000	15,098,000	1	164
LTMPC	37,400	8,935,000	3	164
Mallig Plains	6,500	641,000	2	164
MILAMDEC	29,800	3,278,000	2	164
MWIMPC	11,800	1,740,000	4	163
NWTF	105,500	12,698,000	5	164
OFMPC	4,400	964,000	1	164
PBC	50,700	10,434,000	4	164
PCSD	700	167,000	1	164
PMPC	23,500	5,565,000	8	164
RB Angeles	900	1,502,000	2	164
RB Labason	500	289,000	1	164
RBLI	5,200	1,026,000	2	164
RBMI	11,900	1,750,000	2	164
RMB	100	173,000	1	164
RSPI	39,600	2,834,000	4	164
SAFRAGEMC	1,100	229,000	1	164
Salve	10,900	1,191,000	3	164
SEDP	27,000	3,914,000	3	164
TSKI	212,900	25,187,000	2	164
TSPI	264,500	31,290,000	7	164
Valient	1,700	672,000	2	164

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

Calvary Enterprise Development Foundation P. O Box MP 2468Mamprobi, Accra, Greater Accra233

Data approved: 2011-12-07

Data version: 1

Age of data: - months

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Product

Apprenticeship Start-up Credit Program Product 2 of 4 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (GHS)	GHS 15,000
Portfolio (USD)	USD 10,000
Active Clients with Loans	25
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	40% - 60%

Methodology

Individual
Solidarity group
Village banking
Self help group
Other

Description

This is a youth program. The facility is for apprentices who have successfully conpleted training and want to start their own businesses.\r

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group	x
Other	Youth
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	GHS
Minimum loan size	0
Maximum loan size	0

Loan Term and Grace Period

Shortest loan term	0
Longest loan term	0
Approx average	0

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	0
Highest quoted nominal interest	0
Interest rate period
Interest Rate Calculation Method	0
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	N/A

Upfront Fees

	Fee 1
Description	Facility Fee
% of loan amount - min	3.00%
% of loan amount - max	3.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

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

Deposits DURING period payments

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

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

Apprenticeship Start-up Credit Program samples

	Sample 1	Sample 2	Sample 3
Loan Amount	GHS 500	GHS 1,000	GHS 1,500
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known
Disbursement Date	2012-12-15	2012-12-20	2012-12-15
Loan Term (Months)	6.0 months	12.0 months	6.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	57.1%	55.1%	59.5%
Insurance Component	0.0%	0.0%	0.0%
Tax Component	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	57.1%	55.1%	59.5%
Transparency Index	N/A	N/A	N/A

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

Apprenticeship Start-up Credit Program Price Graphs

Loan Size/Full APR

Loan Term/Full APR

Custom

Click to view Price Analysis Tool

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
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