2. APAS
Please note that the information you are viewing is 169 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Innovative Finance
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

APAS Financial Services Ltd 4th Floor Diamond Trust BuildingKampala, CentralPO Box 9360
Data approved: 2011-06-29
Data version: 1
Age of data: 169 months

Institution

Innovative Finance The Ghana Tours Building, C122/2 Farrar AvenueAdabrakaAccra, Greater AccraP. BOX CT153
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.apasgroup.com/
Year established2005
Head of InstitutionAmos Ruhongore
Regions activeEastern, Western
# Branches2

Total Portfolio (nat'l)UGX 320,000,000
Total Portfolio (USD)USD 128,000
Active clients with loans320
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsAMFIU, Microfinance Management Institute
Funders

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?Yes
Website addresshttp://www.myinnovativefinance.com/
Year established1999
Head of InstitutionSheila Azuntaba
Regions active0
# Branches2

Total Portfolio (nat'l)GHS 576,895
Total Portfolio (USD)USD 384,596.67
Active clients with loans356
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsGHANA COOPERATIVE OF SUSU COLLECTORS ASSOCIATION, GHANA MICROFINANCE NETWORK
Funders

Loan Products » Summary

Group
200 Borrowers
USD 100,000 Portfolio
Active Product
Idv Bsnss
120 Borrowers
USD 28,000 Portfolio
Active Product

Loan Products » Summary

Innovative Auto Loan
4 Borrowers
USD 7,237 Portfolio
Active Product
Innovative Micro-Leasing
3 Borrowers
USD 4,000 Portfolio
Active Product
Susu Loan
165 Borrowers
USD 104,171 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loans UGX 100,000 - 1,500,000 3 - 6 40% - 60% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Business Training
Individual Business Loans UGX 500,000 - 10,000,000 1 - 6 40% - 60% 80% - 100% Business Women, Men, Have business Other Training

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Innovative Auto Loan 0 0 0% - 20% 80% - 100%
Innovative Micro-Leasing 0 0 60% - 80% 60% - 80%
Susu Loan GHS 200 - 1,500 3 - 8 60% - 80% 60% - 80%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loans 48.00% annual, Flat 1 Fee 0 Ins None N/A 40.1% - 86.6% 40.1% - 86.6% 75
Individual Business Loans 60.00%-120.00% annual, Flat 1 Fee 0 Ins None N/A 86.2% - 87.1% 86.2% - 87.1% 69

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Innovative Auto Loan 0.00% annual, 0 0 Fees 0 Ins 119.5% - 143.2% 205.7% - 261%
Innovative Micro-Leasing 0.00% annual, 0 0 Fees 0 Ins 109.1% - 145.4% 202% - 264.9%
Susu Loan 60.00%-0.00% annual, Flat 2 Fees 1 Ins 138.9% - 157.7% 256.4% - 287.6% 21

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loans 48.00% annual, Flat 1 Fee 0 Ins Ins None N/A 40.1% - 86.6% 40.1% - 86.6% 75
Individual Business Loans 60.00%-120.00% annual, Flat 1 Fee 0 Ins Ins None N/A 86.2% - 87.1% 86.2% - 87.1% 69

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Innovative Auto Loan 0.00% annual, 0 0 Fees 0 Ins Ins 119.5% - 143.2% 205.7% - 261%
Innovative Micro-Leasing 0.00% annual, 0 0 Fees 0 Ins Ins 109.1% - 145.4% 202% - 264.9%
Susu Loan 60.00%-0.00% annual, Flat 2 Fees 1 Ins Ins 138.9% - 157.7% 256.4% - 287.6% 21
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeAPASInstitutionUG-001-V01-P01UG-001-V01-P02ProductUGCountry2011YearRange Number1Institution Data Version02,000,0004,000,0006,000,0008,000,00010,000,000Loan Size (all)0%20%40%60%80%Full APR (int fee ins tax dep)> 100506Number 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.
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Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.Private \'For-Profit\'Institution TypeBusinessMultipleLoan PurposeInnovative FinanceInstitutionGH-026-V01-P01GH-026-V01-P03GH-026-V01-P05ProductGHCountry2011YearRange Number1Institution Data Version02,0004,0006,0008,00010,00012,000Loan Size (all)0%100%200%300%Full APR (int fee ins tax dep)> 80405Number 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
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Key Statistics
# Samples:
# Products
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# 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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