- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
ACB-SA	4,335	1,476,288	6	143
Comicoka	827	758,435	4	143
COOJAD	511	823,215	6	143
COOPEDU	2,029	7,549,835	9	143
Duterimbere	6,607	4,365,044	3	143
Goshen	2,076	3,716,008	5	160
Inkingi	2,648	2,593,366	5	160
RML	4,960	3,473,781	3	143
UCU	3,391	1,603,524	4	143
Urwego	37,900	14,755,000	6
Vision Finance	14,226	3,474,646	6	160
Wisigara	2,177	904,708	3	143
Zamuka	253	124,445	3	143
Zigama CSS	53,806	59,670,753	2	160

Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kraban Support Foundation Dome-AccraGreater AccraPO Box KD 83, Kanda

Data approved: 2011-12-07

Data version: 1

Age of data: 157 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (GHS)	GHS 428,960
Portfolio (USD)	USD 217,746.19
Active Clients with Loans	1,070
Approximate % Female Clients	80% - 100%
Approximate % Urban Clients	0% - 20%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

This loan targets persons within the formal sector. This includes salary workers, service providers as well as a mix of informal workers.

Loan Purpose

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

Included Services

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

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker	x
Must be specific age group
Other	some have businesses, others are salary workers like teachers and nurses
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	GHS 1,200
Maximum loan size	1,200

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	6.0 months
Approx average	6.0 months

Grace Period

Grace period usage	100%
Average grace period	1.0 month

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	40.00%
Highest quoted nominal interest	40.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Membership Fee
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	1
Fixed amount - max	6
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	All
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	10.00%
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

Extra Mile Loan samples

	Sample 1
Loan Amount	GHS 1,200
Loan Cycle (1, 2, 3, etc)	Not Known
Disbursement Date	2010-12-23
Loan Term (Months)	6.0 months
Grace Period (Months)	0
Total Cost of Credit	Not Known
True Price by Comp
Interest and Fee Component	64.7%
Insurance Component	0
Tax Component	0
Deposit Component	12.1%
Full APR (int fee ins tax dep)	76.8%
Transparency Index	52

Original Repayment Schedule	PDF
MFT Pricing Calculation	PDF

Extra Mile Loan Price Graphs

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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	Less or equal to:
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