| Institution Type | Cooperative |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2007 |
| Head of Institution | Jean Louis Musoni |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | RWF 1,022,162,074 |
| Total Portfolio (USD) | USD 1,732,478.09 |
| Active clients with loans | 1,049 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | AMIR |
| Funders | Youth Ministry, National Youth Council, Districts |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.sekamtrustghana.org/ |
| Year established | 2008 |
| Head of Institution | Siegfried Kofi Gbadago |
| Regions active | Greater Accra Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 271,000 |
| Total Portfolio (USD) | USD 137,563.45 |
| Active clients with loans | 621 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | GCSCA, ASSFIN |
| Funders | Intent Foundation |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture et Elevage Loan | 0 | 0 | 20% - 40% | 0% - 20% | ||||||||||
| Autres Loan | RWF 50,000 - 3,000,000 | 3 - 24 | 0% - 20% | 40% - 60% | ||||||||||
| Construction Loan | 0 | 0 | 0% - 20% | 40% - 60% | ||||||||||
| Trade Loan | 0 | 0 | 0% - 20% | 60% - 80% | ||||||||||
| Transport Loan | 0 | 0 | 0% - 20% | 40% - 60% |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | GHS 500 - 3,000 | 2 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business, Usually must have run a business for at least 3 years | Credit Ins | |||||||
| Group Loan | GHS 200 - 500 | 3 - 6 | 80% - 100% | 0% - 20% | Business, Housing, Education | Women, Men, Have business | Book keeping training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture et Elevage Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 10.4% - 66.4% | 10.4% - 66.4% | |||||||||||
| Autres Loan | 16.00%-18.00% annual, Decl Bal | 3 Fees | 1 Ins | N/A | 12.5% - 52.7% | 12.5% - 52.7% | 60 | |||||||||
| Construction Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 20.7% - 51.1% | 35.8% - 68.2% | |||||||||||
| Trade Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 19.8% - 24.8% | 34.3% - 44.1% | |||||||||||
| Transport Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 19.8% - 45.6% | 33.2% - 65.5% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 60.00%-120.00% annual, Flat | 2 Fees | 1 Ins | None | 30.00% upfront | 124.5% - 151.3% | 230.8% - 268.3% | 23 | ||||||||
| Group Loan | 60.00%-96.00% annual, Flat | 2 Fees | 1 Ins | None | 20.00% upfront | 174% - 180% | 248.8% - 257.7% | 23 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture et Elevage Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 10.4% - 66.4% | 10.4% - 66.4% | |||||||||||
| Autres Loan | 16.00%-18.00% annual, Decl Bal | 3 Fees | 1 Ins Ins | N/A | 12.5% - 52.7% | 12.5% - 52.7% | 60 | |||||||||
| Construction Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 20.7% - 51.1% | 35.8% - 68.2% | |||||||||||
| Trade Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 19.8% - 24.8% | 34.3% - 44.1% | |||||||||||
| Transport Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 19.8% - 45.6% | 33.2% - 65.5% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 60.00%-120.00% annual, Flat | 2 Fees | 1 Ins Ins | None | 30.00% upfront | 124.5% - 151.3% | 230.8% - 268.3% | 23 | ||||||||
| Group Loan | 60.00%-96.00% annual, Flat | 2 Fees | 1 Ins Ins | None | 20.00% upfront | 174% - 180% | 248.8% - 257.7% | 23 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
