| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1996 |
| Head of Institution | |
| Regions active | |
| # Branches | 11 |
| Total Portfolio (nat'l) | ZMK 8,200,000,000 |
| Total Portfolio (USD) | USD 1,584,541.06 |
| Active clients with loans | 14,300 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | AMIZ, AFRACA, INAFI |
| Funders | UNDP, IFAD (International Fund for Agricultural Development) |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2004 |
| Head of Institution | Akaare Emmanuel |
| Regions active | Northern Region |
| # Branches | 1 |
| Total Portfolio (nat'l) | GHS 64,800 |
| Total Portfolio (USD) | USD 32,893.40 |
| Active clients with loans | 145 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | CUA, GHAMFIN |
| Funders | SENDFINCO (SEND Ghana) |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equipment Loan | ZMK 2,000,000 - 50,000,000 | 12 - 36 | 20% - 40% | 40% - 60% | Business, Farmining business for throughout the year | Women, Men, Must have a farm holding and source of water throughout the year | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Individual SME Loan | ZMK 1,000,000 - 10,000,000 | 3 - 12 | 40% - 60% | 60% - 80% | Business, Consumer | Women, Men, Have business, Salaried worker, Either run a business or be salaried | Credit Educ, Group Mtgs, Business Training | |||||||
| Twende Loan | ZMK 400,000 - 7,000,000 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business, Start a business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Savings , Education on HIV/AIDS, Gender, and Environment | |||||||
| Dairy Loan | ZMK 500,000 - 25,000,000 | 6 - 24 | 0% - 20% | 20% - 40% | Business | Women, Men, Have business, Be in a business or start one; belong to a dairy cooperative | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | GHS 150 - 10,000 | 1 - 18 | 40% - 60% | 20% - 40% | Business | Women, Men, Have business | Group Mtgs | |||||||
| Microfinance Loan | GHS 120 - 250 | 4 | 80% - 100% | 0% - 20% | Business | Women, must be in a group and in the community | Credit Educ, Group Mtgs |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equipment Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 28.1% - 28.5% | 30.4% - 30.8% | 81 | ||||||||
| Individual SME Loan | 60.0%-72.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 67.6% - 70% | 72.2% - 74.7% | 82 | ||||||||
| Twende Loan | 60.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 15,000.00 upfront 6,000.00 ongoing | 60.2% - 63.2% | 65.3% - 82.4% | 86 | ||||||||
| Dairy Loan | 30.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 59% - 59.8% | 63.5% - 64.4% | 47 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 36.00% annual, Decl Bal | 1 Fee | 1 Ins | None | 50.00% upfront | 38.1% - 40.2% | 162.3% - 175.1% | 21 | ||||||||
| Microfinance Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | None | N/A- upfront | 60.9% - 63.6% | 63% - 69.5% | 45 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equipment Loan | 25.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 28.1% - 28.5% | 30.4% - 30.8% | 81 | ||||||||
| Individual SME Loan | 60.0%-72.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 67.6% - 70% | 72.2% - 74.7% | 82 | ||||||||
| Twende Loan | 60.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 15,000.00 upfront 6,000.00 ongoing | 60.2% - 63.2% | 65.3% - 82.4% | 86 | ||||||||
| Dairy Loan | 30.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 59% - 59.8% | 63.5% - 64.4% | 47 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 36.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 50.00% upfront | 38.1% - 40.2% | 162.3% - 175.1% | 21 | ||||||||
| Microfinance Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | None | N/A- upfront | 60.9% - 63.6% | 63% - 69.5% | 45 |
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