| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.opportunityghana.com/ |
| Year established | 2004 |
| Head of Institution | Cosmus Juma Kowuoche |
| Regions active | 0 |
| # Branches | 20 |
| Total Portfolio (nat'l) | GHS 24,784,265 |
| Total Portfolio (USD) | USD 16,522,843.33 |
| Active clients with loans | 41,836 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Opportunity International USA |
| Funders | Opportunity Microfinance Investment Ltd, Opportunity Transformation Investment, Sinapi Aba Trust, Oikocredit |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | GHS 2,422 - 7,063 | 4 - 8 | 20% - 40% | 0% - 20% | Business, Farming | Women, Men, Specific age group, Farmers | Credit Educ | |||||||
| Salary Loan | GHS 200 - 7,808 | 6 - 24 | 20% - 40% | 0% - 20% | Any Purpose | Women, Men, Have business, Salaried worker | Credit Educ, Credit Ins | |||||||
| Group Loan | GHS 145 - 4,000 | 3 - 12 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business | Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Individual Loan | GHS 500 - 30,300 | 2 - 24 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Ins | |||||||
| ISME / Edufinance | GHS 2,000 - 101,000 | 10 - 37 | 20% - 40% | 80% - 100% | Business, Education | Women, Men, Have business | Tech Asst Visits, Business Training | |||||||
| Susu Loan | GHS 151 - 10,700 | 3 - 12 | 40% - 60% | 0% - 20% | Business | Women, Men | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 36.0% annual, Flat | 1 Fee | 1 Ins | None | 10.0% upfront | 44.3% - 44.4% | 52% - 52.1% | 69 | ||||||||
| Salary Loan | 0.0%-42.0% annual, Decl Bal | 2 Fees | 0 Ins | None | 10.0% upfront | 45.5% - 49.1% | 54.9% - 61.5% | 0 | ||||||||
| Group Loan | 41.0% annual, Flat | 2 Fees | 1 Ins | None | 15.0% upfront | 56.7% - 122% | 76.9% - 161.4% | 32 | ||||||||
| Individual Loan | 42.0% annual, Flat | 2 Fees | 1 Ins | None | 10.0% upfront | 73.7% - 77.5% | 88.7% - 97.2% | 45 | ||||||||
| ISME / Edufinance | 33.2%-51.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 44.6% - 67.3% | 46.3% - 69.4% | 57 | ||||||||
| Susu Loan | 33.2%-39.0% annual, Flat | 2 Fees | 1 Ins | None | 10.0% upfront | 63.6% - 71.7% | 77.8% - 89.1% | 39 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ABT | 25,400 | 37,378,000 | 2 | 127 |
| AKIBA | 26,900 | 36,852,000 | 4 | 140 |
| BELITA | 5,800 | 492,000 | 1 | 140 |
| BRAC Tanzania | 102,300 | 19,663,000 | 2 | 140 |
| F & K Finance | 0 | 38,000 | 1 | 163 |
| FINCA Tanzania | 78,400 | 31,517,000 | 3 | 123 |
| FMFC | 1,500 | 392,000 | 6 | 140 |
| K-Finance Ltd | 1,000 | 264,000 | 2 | 140 |
| Mbinga | 1,000 | 2,986,000 | 3 | 140 |
| MCBL | 3,600 | 2,837,000 | 6 | 140 |
| MDF Tanzania | 600 | 148,000 | 1 | 140 |
| NMB | 45,100 | 74,528,000 | 1 | 140 |
| Opportunity | 8,600 | 3,018,000 | 3 | 140 |
| PRIDE Tanzania | 104,400 | 33,321,000 | 3 | 140 |
| PTF | - | N/A | 140 | |
| Selfina | 8,000 | 3,773,000 | 2 | 163 |
| Tujijenge Tanzania | 10,000 | 2,060,000 | 4 | 140 |
| VF^Tanzania | 34,390 | 7,613,000 | 4 | 134 |
| Victoria | 100 | 377,000 | 3 | 163 |
| YOSEFO | 17,100 | 2,211,000 | 3 | 163 |
| Key Statistics | |
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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 |
|---|---|---|---|---|---|---|---|
