2. Fortaleza
Please note that the information you are viewing is 123 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Grameen Ghana
Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco Fortaleza Sociedad Anónima Av. Arce No, 2799 esq. CorderoLa Paz, Bolivia
Data approved: 2013-09-23
Data version: 2
Age of data: 123 months
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Institution

Grameen Ghana Head OfficeBehind RCCTamale, Northern
Data approved: 2013-03-14
Data version: 2
Age of data: 132 months
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Product

Crédito para Capital de Operaciones Product 12 of 13 « Prev | Next »

Product

Agriculture Business Loan Product 1 of 5 « Prev | Next »

Product Summary

Number borrowers3,990
Loan Amount (range)BOB 16,000 - 350,000
Loan Term (range)3 - 119
Other Services (text summary)Credit Ins
Annual Interest & Method18.0%-27.5% annual, Decl Bal
FeesNone
Insurance1.41%-1.46% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component12.1% - 27.6%
Fee Component0
Insurance Component0.2% - 2.1%
Tax Component Range0
Full APR (int fee ins tax dep)19.5% - 28.4%
Transparency Index (min/max)8 - 1062
Transparency Index (average)100

Product Summary

2,281
GHS 400 - 1,000
6 - 12
Credit Educ, Group Mtgs, Other Training, Training in health, nutrition, sanitation, breast-feeding, and malaria prevention.
30.00% annual, Flat
None
None
None
N/A
 
39.6% - 70.8%
0
0
0
45.8%
51 - 91
65

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 222,131,142
Portfolio (USD)USD 32,908,317.33
Active Clients with Loans3,990
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito destinado a financiar compra o importación de inventario (materias primas o mercadería) para necesidades estacionales de liquidez
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveChuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 239,713
Portfolio (USD)USD 121,681.73
Active Clients with Loans2,281
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for the purpose of agriculture production. Both men and women are eligible in groups of up to 50 members, with a loan term between 6-12 months, and a nominal interest rate of 30% flat method.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherAgricultural Production
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other trainingx
OtherTraining in health, nutrition, sanitation, breast-feeding, and malaria prevention.
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution2
# Regions for this product1
Regions ActiveNorthern Region

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 16,000
Maximum loan size350,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,0000
BOB 10,000-40,00030%
BOB 40,000-70,00040%
BOB 70,000-100,00010%
BOB 100,000-125,00010%
Greater than BOB 125,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term119.0 months
Approx average45.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months100%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 400
Maximum loan size1,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months60%
Between 7 and 9 months40%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period3.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 monthsx
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.50%
Highest quoted nominal interest2.29%
Reason(s) why interest rate variesCollateral
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termNo
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min1.41%
% of loan amount - max1.46%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationLa comisión es 0.07% mensual que aplica al saldo del principal del préstamo pendiente.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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 forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Crédito para Capital de Operaciones samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountBOB 25,000BOB 35,000BOB 50,000BOB 65,000BOB 115,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2014-01-082014-01-082014-01-082014-01-082014-01-08
Loan Term (Months)36.0 months36.0 months36.0 months36.0 months36.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditBOB 9,496.07BOB 15,939.45BOB 16,231.63BOB 32,111.56BOB 38,380.78
True Price by Comp         
Interest price component21.6%25.6%18.6%27.6%19.1%
Fee Component0.0%0.0%0.0%0.0%0.0%
Insurance Component0.8%0.8%0.9%0.8%0.9%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)22.4%26.4%19.5%28.4%20.0%
Transparency Index100100100100100
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Agriculture Business Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 600GHS 700GHS 800
Loan Cycle (1, 2, 3, etc)222
Disbursement Date2012-11-152012-11-152012-11-15
Loan Term (Months)10.0 months10.0 months10.0 months
Grace Period (Months)1.0 month1.0 month1.0 month
Total Cost of CreditGHS 150GHS 175GHS 200
True Price by Comp     
Interest price component45.8%45.8%45.8%
Fee Component0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)45.8%45.8%45.8%
Transparency Index656565
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Crédito para Capital de Operaciones Price Graphs


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Agriculture Business Loan Price Graphs


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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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