Institution Type | RurBank |
Is this institution regulated? | Yes |
Website address | http://www.ahantamanruralbank.com/ |
Year established | 1984 |
Head of Institution | John Dadzie |
Regions active | Western Region |
# Branches | 12 |
Total Portfolio (nat'l) | GHS 19,495,388.08 |
Total Portfolio (USD) | USD 9,896,136.08 |
Active clients with loans | 23,850 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 20% - 40% |
Network affiliations | GHAMFIN, ARB APEX, BOG |
Funders | SPEED Ghana |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2002 |
Head of Institution | Ms Wegayehu Asrat |
Regions active | |
# Branches | 5 |
Total Portfolio (nat'l) | ETB 11,960,952 |
Total Portfolio (USD) | USD 650,051.74 |
Active clients with loans | 10,541 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | AEMFI, MAIN |
Funders | CRS, ICCO Terafina |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | GHS 500 - 3,000 | 4 - 6 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Salary Loan | GHS 200 - 12,000 | 12 - 36 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Ins, Tech Asst Visits | |||||||
Sundry (SME) Loan | GHS 5,000 - 25,000 | 3 - 12 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Ins, Business Training | |||||||
Susu Loan | GHS 500 - 5,000 | 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Ins, Business Training |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | ETB 1,300 - 6,500 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs | |||||||
Eshet Loan (A seed in the process of being ripe) | ETB 1,500 - 6,600 | 3 - 12 | 60% - 80% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Group Mtgs | |||||||
Hibret Loan (Union) | ETB 1,200 - 7,200 | 3 - 12 | 60% - 80% | 40% - 60% | Business | Women, Men | Credit Educ, Group Mtgs | |||||||
Qirs Loan (Property) | ETB 1,500 - 7,000 | 12 | 20% - 40% | 40% - 60% | Any Purpose | Women, Men, Salaried worker | Credit Educ, Group Mtgs | |||||||
Siket Loan (Success) | ETB 2,500 - 11,000 | 3 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 48.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 86.3% - 86.7% | 107.7% - 108% | 44 | ||||||||
Salary Loan | 25.50%-38.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 47.1% - 62% | 48.8% - 65.3% | 45 | ||||||||
Sundry (SME) Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66.3% - 66.4% | 69.6% - 69.7% | 50 | ||||||||
Susu Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66% - 66.6% | 69.2% - 69.9% | 50 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | 18.0% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 37.9% - 38.8% | 45.4% - 47.8% | 38 | ||||||||
Eshet Loan (A seed in the process of being ripe) | 19.2% annual, Flat | 0 Fees | 0 Ins | None | 8.0% upfront 10.00% ongoing | 18.1% - 21.2% | 19.1% - 22.6% | 96 | ||||||||
Hibret Loan (Union) | 18.0% annual, Flat | 0 Fees | 0 Ins | None | 8.0% upfront 10.00% ongoing | 31.6% - 32% | 36.8% - 37.4% | 48 | ||||||||
Qirs Loan (Property) | 14.4% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 30.8% - 31.8% | 36.5% - 37.8% | 38 | ||||||||
Siket Loan (Success) | 18.0% annual, Flat | 1 Fee | 0 Ins | None | 8.0% upfront 10.00% ongoing | 40% - 45.3% | 48.2% - 55.6% | 35 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loan | 48.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% upfront | 86.3% - 86.7% | 107.7% - 108% | 44 | ||||||||
Salary Loan | 25.50%-38.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 47.1% - 62% | 48.8% - 65.3% | 45 | ||||||||
Sundry (SME) Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 66.3% - 66.4% | 69.6% - 69.7% | 50 | ||||||||
Susu Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 66% - 66.6% | 69.2% - 69.9% | 50 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Endeg Loan (let us grow together) | 18.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 37.9% - 38.8% | 45.4% - 47.8% | 38 | ||||||||
Eshet Loan (A seed in the process of being ripe) | 19.2% annual, Flat | 0 Fees | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 18.1% - 21.2% | 19.1% - 22.6% | 96 | ||||||||
Hibret Loan (Union) | 18.0% annual, Flat | 0 Fees | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 31.6% - 32% | 36.8% - 37.4% | 48 | ||||||||
Qirs Loan (Property) | 14.4% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 30.8% - 31.8% | 36.5% - 37.8% | 38 | ||||||||
Siket Loan (Success) | 18.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 8.0% upfront 10.00% ongoing | 40% - 45.3% | 48.2% - 55.6% | 35 |
Key Statistics | |
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# Products | |
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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 |
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