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-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.fmsd.org.co/ |
Year established | 1960 |
Head of Institution | JUAN CARLOS FRANCO VILLEGAS |
Regions active | |
# Branches | 4 |
Total Portfolio (nat'l) | COP 16,810,083,825 |
Total Portfolio (USD) | USD 9,236,309.79 |
Active clients with loans | 6,816 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | ACCION INTERNACIONAL, ASOMICROFINANZAS |
Funders | KIVA, BANCOLDEX |
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 | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos fijos | COP 515,000 - 12,875,000 | 12 - 60 | 40% - 60% | 80% - 100% | Business, Solo para Activo Fijo | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Capital de Trabajo | COP 257,500 - 12,875,000 | 12 - 24 | 40% - 60% | 80% - 100% | Business, Solo para Capital de Trabajo | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Créditos superiores | COP 10,000,000 - 61,800,000 | 6 - 60 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Mejoramiento de vivienda | COP 515,000 - 10,300,000 | 12 - 60 | 80% - 100% | 80% - 100% | Housing | Women, Men, Have business, Have home or land | Credit Educ, Credit Ins | |||||||
Vivienda Hipotecaria | COP 2,000,000 - 11,845,000 | 36 - 120 | 60% - 80% | 80% - 100% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training |
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos fijos | 20.0%-29.0% annual, Decl Bal | 2 Fees | 2 Ins | None | N/A | 34.1% - 40% | 39.7% - 47.2% | 46 | ||||||||
Capital de Trabajo | 18.0%-29.0% annual, Decl Bal | 2 Fees | 2 Ins | None | N/A | 30.2% - 37.4% | 35.9% - 43.6% | 46 | ||||||||
Créditos superiores | 22.0%-28.0% annual, Decl Bal | 2 Fees | 2 Ins | None | N/A | 26.9% - 27.9% | 31.4% - 32% | 69 | ||||||||
Mejoramiento de vivienda | 20.0% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 30.3% - 31.7% | 30.3% - 35.9% | 61 | ||||||||
Vivienda Hipotecaria | 16.5% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 15.6% - 16.4% | 16.9% - 17.4% | 97 |
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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Activos fijos | 20.0%-29.0% annual, Decl Bal | 2 Fees | 2 Ins Ins | None | N/A | 34.1% - 40% | 39.7% - 47.2% | 46 | ||||||||
Capital de Trabajo | 18.0%-29.0% annual, Decl Bal | 2 Fees | 2 Ins Ins | None | N/A | 30.2% - 37.4% | 35.9% - 43.6% | 46 | ||||||||
Créditos superiores | 22.0%-28.0% annual, Decl Bal | 2 Fees | 2 Ins Ins | None | N/A | 26.9% - 27.9% | 31.4% - 32% | 69 | ||||||||
Mejoramiento de vivienda | 20.0% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | N/A | 30.3% - 31.7% | 30.3% - 35.9% | 61 | ||||||||
Vivienda Hipotecaria | 16.5% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 15.6% - 16.4% | 16.9% - 17.4% | 97 |
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 |
---|---|---|---|---|---|---|---|