| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.finca.org/ |
| Year established | 1992 |
| Head of Institution | Julius Omoding |
| Regions active | Central, Eastern, Northern, Western |
| # Branches | 27 |
| Total Portfolio (nat'l) | UGX 47,640,303,492 |
| Total Portfolio (USD) | USD 18,867,446.93 |
| Active clients with loans | 56,766 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | FINCA International |
| Funders | FINCA International, SEEP, Gates Foundation |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.richstepinvestment.com |
| Year established | 2007 |
| Head of Institution | Stephen Dzovor |
| Regions active | Greater Accra Region |
| # Branches | 9 |
| Total Portfolio (nat'l) | GHS 200,000 |
| Total Portfolio (USD) | USD 101,522.84 |
| Active clients with loans | 150 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, GCSCA |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FINCA Business Loan | UGX 500,000 - 60,000,000 | 3 - 36 | 20% - 40% | 80% - 100% | Business, Education | Women, Men, Have business | Credit Ins | |||||||
| FINCA Small Group Loan | UGX 500,000 - 6,000,000 | 3 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| FINCA Village Group Loan | UGX 50,000 - 6,000,000 | 4 - 8 | 40% - 60% | 20% - 40% | Business, Consumer, Education | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| FINCA Agriculture Loan | UGX 100,000 - 60,000,000 | 3 - 36 | 40% - 60% | 20% - 40% | Business | Women, Men, Individual farmers & farmers in cooperatives | Loan guarantee up to 50% by agribusiness initiative |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Petty Traders Loan | GHS 50 - 1,000 | 1 - 5 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business, Have home or land, Specific age group | Group Mtgs, Credit Ins, Other Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FINCA Business Loan | 24.0%-30.0% annual, Flat | 2 Fees | 1 Ins | None | N/A | 46.3% - 58% | 47.5% - 59.5% | 47 | ||||||||
| FINCA Small Group Loan | 46.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 41.6% - 77.3% | 49.6% - 91.1% | 62 | ||||||||
| FINCA Village Group Loan | 39.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront 1.00% ongoing | 47.6% - 89.7% | 58.1% - 108.2% | 42 | ||||||||
| FINCA Agriculture Loan | 18.0% annual, Flat | 2 Fees | 0 Ins | None | N/A | 10.8% - 38.3% | 10.8% - 38.3% | 67 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Petty Traders Loan | 60.00%-120.00% annual, Flat | 2 Fees | 0 | None | 25.00% upfront | 147.3% - 245.4% | 259.4% - 420.1% | 16 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FINCA Business Loan | 24.0%-30.0% annual, Flat | 2 Fees | 1 Ins Ins | None | N/A | 46.3% - 58% | 47.5% - 59.5% | 47 | ||||||||
| FINCA Small Group Loan | 46.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 41.6% - 77.3% | 49.6% - 91.1% | 62 | ||||||||
| FINCA Village Group Loan | 39.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront 1.00% ongoing | 47.6% - 89.7% | 58.1% - 108.2% | 42 | ||||||||
| FINCA Agriculture Loan | 18.0% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 10.8% - 38.3% | 10.8% - 38.3% | 67 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Petty Traders Loan | 60.00%-120.00% annual, Flat | 2 Fees | 0 | None | 25.00% upfront | 147.3% - 245.4% | 259.4% - 420.1% | 16 |
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