Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.cran.org/ |
Year established | 1993 |
Head of Institution | Dr. Patrick Agbesingale |
Regions active | 0 |
# Branches | 5 |
Total Portfolio (nat'l) | GHS 1,800,000 |
Total Portfolio (USD) | USD 1,200,000 |
Active clients with loans | 8,650 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | GHAMFIN, ASSFIN |
Funders | CORDAID, TERA JANE, KIVA |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loans | GHS 200 - 1,000 | 4 - 12 | 40% - 60% | 40% - 60% | ||||||||||
Individual Loan | GHS 500 - 6,000 | 6 - 12 | 60% - 80% | 40% - 60% |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group Loans | 42.00%-0.00% annual, Flat | 1 Fee | 1 Ins | 62.7% | 84.8% | 49 | ||||||||||
Individual Loan | 42.00%-0.00% annual, Flat | 1 Fee | 1 Ins | 72.2% - 86.1% | 90.6% - 110.2% | 43 |
Outstanding portfolio (KES) | KES 80,000 |
Portfolio (USD) | USD 966.18 |
Active Clients with Loans | 1 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 100% |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
Key Statistics | |
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# 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 |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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