| 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) |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.sathapana.com/ |
| Year established | 1995 |
| Head of Institution | Dr. Bun Mony |
| Regions active | 0 |
| # Branches | 45 |
| Total Portfolio (nat'l) | KHR 220,487,000,000 |
| Total Portfolio (USD) | USD 56,347,303.86 |
| Active clients with loans | 42,389 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| 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 | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balloon Loan KHR | KHR 100,000 - 20,000,000 | 3 - 12 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ | |||||||
| Balloon Loan USD | USD 200 - 5,000 | 3 - 12 | 40% - 60% | 0% - 20% | Agriculture business | Women, Men, Have business | Credit Educ | |||||||
| Business Loan KHR | KHR 100,000 - 100,000,000 | 6 - 24 | 60% - 80% | 20% - 40% | Business, Housing, Consumer | Women, Men, Have business | Credit Educ | |||||||
| Business Loan USD | USD 200 - 25,000 | 3 - 24 | 60% - 80% | 40% - 60% | Business, Housing, Consumer | Women, Men, Have business | Credit Educ |
| 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 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balloon Loan KHR | 27.6%-42.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 5.0% upfront | #N/A | #N/A | N/A | ||||||||
| Balloon Loan USD | 21.6%-36.0% annual, Flat | 1 Fee | 0 Ins | None | 2.0% upfront | #N/A | #N/A | N/A | ||||||||
| Business Loan KHR | 27.6%-42.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 5.0% upfront | #N/A | #N/A | N/A | ||||||||
| Business Loan USD | 21.6%-36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 2.0% upfront | #N/A | #N/A | N/A |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balloon Loan KHR | 27.6%-42.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 5.0% upfront | #N/A | #N/A | N/A | ||||||||
| Balloon Loan USD | 21.6%-36.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 2.0% upfront | #N/A | #N/A | N/A | ||||||||
| Business Loan KHR | 27.6%-42.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 5.0% upfront | #N/A | #N/A | N/A | ||||||||
| Business Loan USD | 21.6%-36.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 2.0% upfront | #N/A | #N/A | N/A |
| Key Statistics | |
|---|---|
| # 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 |
|---|---|---|---|---|---|---|---|
