Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1996 |
Head of Institution | Nana Opare-Dzan |
Regions active | |
# Branches | 4 |
Total Portfolio (nat'l) | GHS 1,539,492 |
Total Portfolio (USD) | USD 781,468.02 |
Active clients with loans | 8,017 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, GAPVOD, ASSFIN, EMPRETEC Business Forum |
Funders | MiDA, International Alliance for Women, Social Investment Fund (SIF), KIVA, EB-ACCION, RHEMA |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1989 |
Head of Institution | Engr. Panfilo Asares |
Regions active | |
# Branches | 3 |
Total Portfolio (nat'l) | PhP 101,848,650 |
Total Portfolio (USD) | USD 2,436,570.57 |
Active clients with loans | 12,752 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Microfinance Council of the Philippines, Inc. |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agape Loan | GHS 100 - 250 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Extra Mile Loan | GHS 1,200 - 1,200 | 6 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Salaried worker, some have businesses, others are salary workers like teachers and nurses | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Green Energy Microfinance(GEM) Loan | GHS 450 - 500 | 6 | 80% - 100% | 0% - 20% | Business, Housing, Other, Health clinic, corn milling business | Women, Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Higher Heights Loan | GHS 1,000 - 2,052 | 4 - 12 | 80% - 100% | 80% - 100% | Business, Farmers | Men | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Training on access to green energy in their agro-processsing activities | |||||||
Sika Rose Loan | GHS 150 - 500 | 6 | 80% - 100% | 80% - 100% | Business, Agricultural produce marketing | Women, Have business | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Help (Individual) | PHP 20,000 - 150,000 | 3 - 24 | 60% - 80% | 20% - 40% | Business | Women, Men | Tech Asst Visits, Other Training, Mortuary Fund/Life insurance | |||||||
Hiram (Group Loan) | PHP 3,000 - 100,000 | 6 | 60% - 80% | 20% - 40% | Business | Women, Men, Must have experience running a business | Group Mtgs, Tech Asst Visits, Business Training, Bookeeping, consultancy, Mortuary Fund/Life Insurance |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agape Loan | 20.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 61% - 64.7% | 71.5% - 76.6% | 27 | ||||||||
Extra Mile Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 64.7% | 76.8% | 52 | ||||||||
Green Energy Microfinance(GEM) Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 100.00 upfront | 61% - 67.1% | 86.8% - 96.3% | 42 | ||||||||
Higher Heights Loan | 30.00% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 26% | 26% | 100 | ||||||||
Sika Rose Loan | 40.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 46.8% - 59.5% | 53% - 67.1% | 64 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Help (Individual) | 24.0% annual, Flat | 1 Fee | 1 Ins | 0.50% loan amt | 2.0% upfront | 38.3% - 55.9% | 41.1% - 60.3% | 46 | ||||||||
Hiram (Group Loan) | 24.0% annual, Flat | 1 Fee | 1 Ins | 0.25% loan amt | 4.0% upfront 20.00 ongoing | 68.6% | 81.7% - 111.2% | 27 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agape Loan | 20.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00% upfront | 61% - 64.7% | 71.5% - 76.6% | 27 | ||||||||
Extra Mile Loan | 40.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 64.7% | 76.8% | 52 | ||||||||
Green Energy Microfinance(GEM) Loan | 40.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 100.00 upfront | 61% - 67.1% | 86.8% - 96.3% | 42 | ||||||||
Higher Heights Loan | 30.00% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 26% | 26% | 100 | ||||||||
Sika Rose Loan | 40.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 46.8% - 59.5% | 53% - 67.1% | 64 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Help (Individual) | 24.0% annual, Flat | 1 Fee | 1 Ins Ins | 0.50% loan amt | 2.0% upfront | 38.3% - 55.9% | 41.1% - 60.3% | 46 | ||||||||
Hiram (Group Loan) | 24.0% annual, Flat | 1 Fee | 1 Ins Ins | 0.25% loan amt | 4.0% upfront 20.00 ongoing | 68.6% | 81.7% - 111.2% | 27 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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