- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	162
Ahantaman RB	23,800	9,896,000	4	144
APED	13,700	1,876,000	2	144
ASA Initiative	4,400	577,000	4	144
ASA-Ghana	71,600	18,385,000	2	144
ASPI	800	88,000	6	144
Atwima Kwanwoma	3,800	1,788,000	2	144
Baobab	5,100	967,000	2	144
BestFUND	13,000	4,172,000	3	144
Bonzali Rural	10,400	1,691,000	4	162
CashPhase	83	135,000	2	144
CASUD	1,100	524,000	1	144
CEDEF	500	54,000	4	144
CFF	100	13,000	1	144
CRAN	3,600	1,019,000	2	144
DQF	1,700	63,000	2	144
EASL	9,200	11,409,000	6	144
East Mamprusi	12,500	2,268,000	4	144
ELDA	0	0	0	144
EMPRETEC Ghana	200	56,000	2	144
FASL	13,500	14,047,000	8	144
Grameen Ghana	9,500	507,000	3	144
ID-Ghana	5,600	953,000	3	144
Innovative Finance	2,700	354,000	3	144
Kraban Support	7,700	781,000	5	162
KRB	4,000	6,350,000	3	144
Lower Pra RB	34,000	6,316,000	3	162
Maata-N-Tudu	12,000	941,000	4	144
Mail Finance	300	288,000	1	144
Markaz	0	0	0	144
Markaz Al Bishara	100	17,000	1	144
MicrofinPlus Gh	1,100	251,000	2	144
Nwabiagya RB	4,000	2,265,000	3	144
OISL	62,000	27,232,000	9	144
Pro Credit	0	0	0	144
Rich Step	100	101,000	1	144
SAT	147,600	29,359,000	4	144
Sekam Trust	600	137,000	2	144
Simli Pong	8,900	463,000	3	162
SS Ghana	200	35,000	1	144
TCCU	100	32,000	3	144
The Bridge	400	32,000	3	162
Union RB	3,800	2,361,000	4	144

Please note that the information you are viewing is 146 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Action Now Kenya P.O.Box 8576Nairobi200

Data approved: 2010-06-23

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (KES)	KES 2,000,000
Portfolio (USD)	USD 24,154.59
Active Clients with Loans	154
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	80% - 100%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

A member applies for a loan as an , providing information regarding the business.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits
Business training	x
Other training	x
Other
Other (2)
No other services

Eligibility

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	Intention to start a business and need only a small amount
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	KES
Minimum loan size	KES 5,000
Maximum loan size	85,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	12.0 months
Approx average	6.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	2.00%
Highest quoted nominal interest	2.50%
Reason(s) why interest rate varies	2% is for group loans and 2.5% is for individual loans
Interest rate period	Monthly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Registration Fee
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	400
Fixed amount - max	400
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Individual Loan samples

No data for this product

Individual Loan Price Graphs