2. FODEMI
Please note that the information you are viewing is 163 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Markaz
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

Fondo de Desarrollo Microempresarial FODEMI Jaime Rivadeneira 6-88 y Mariano AcostaIbarra, Imbabura10-01-225
Data approved: 2010-11-08
Data version: 1
Age of data: 163 months

Institution

Markaz Community Cooperative Credit Union GumaniTamale, Northern Region
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.fodemi.org/
Year established1995
Head of InstitutionLuis Ríos
Regions active
# Branches11

Total Portfolio (nat'l)USD 12,924,109.87
Total Portfolio (USD)USD 12,924,109.87
Active clients with loans28,232
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliations
Funders

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addressN/A
Year established2009
Head of InstitutionPhyllis Ayetey
Regions active0
# Branches0

Total Portfolio (nat'l)GHS 150,000
Total Portfolio (USD)USD 76,142.13
Active clients with loans650
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliationsCredit Union Association (CUA), GHAMFIN
FundersChristian Children's Fund of Canada

Loan Products » Summary

Comunal
11,146 Borrowers
USD 3,804,737.29 Portfolio
Active Product
Solidario
15,616 Borrowers
USD 7,419,168.45 Portfolio
Active Product
Individual
1,470 Borrowers
USD 1,700,204.13 Portfolio
Active Product

Loan Products » Summary

Business
50 Borrowers
USD 15,228.43 Portfolio
Active Product
Credit Union
300 Borrowers
USD 35,532.99 Portfolio
Active Product
Enterprise
300 Borrowers
USD 25,380.71 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Crédito Banca Comunal USD 50 - 4,000 7 - 24 60% - 80% 0% - 20% Business Women, Men, Have business, mín 7 personas y máx 25 personas de un mismo sector. Credit Educ, Group Mtgs, Credit Ins, Estos servicios no son cancelados por los clientes, los costos son asumidos por la Fundación.
Crédito Grupo Solidario USD 50 - 5,000 6 - 30 60% - 80% 40% - 60% Business Women, Men, Have business, Experiencia en el negocio, mínimo de 6 meses., mín de 3 y máximo 6 personas. Que vivan cerca. Credit Educ, Group Mtgs, Credit Ins, Estos servicios no son pagados por el cliente, los costos son asumidos ÂŽpor la Fundación.
Crédito Individual USD 400 - 6,000 6 - 30 40% - 60% 80% - 100% Business Women, Men, Have business, Experiencia en el negocio, mínimo 6 meses. Credit Educ, Credit Ins, Estos servicios no son pagados por el cliente, asume el costo la Fundación.

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loan GHS 1,000 - 5,000 6 - 12 60% - 80% 80% - 100% Business Women, Men, Have business Tech Asst Visits
Credit Union Loan GHS 100 - 2,000 3 - 12 40% - 60% 80% - 100% Any Purpose Women, Men Credit Ins
Micro-Enterprise Loan GHS 100 - 1,000 6 - 12 60% - 80% 80% - 100% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Crédito Banca Comunal 20.6%-22.6% annual, Decl Bal 0 Fees 0 Ins None 10.0% upfront 22.3% 26.3% - 26.4% 78
Crédito Grupo Solidario 20.5%-22.5% annual, Decl Bal 0 Fees 0 Ins None 10.0% upfront 20.5% - 22.5% 24.2% - 26.7% 79
Crédito Individual 20.5%-22.5% annual, Decl Bal 0 Fees 0 Ins None 10.0% upfront 20.4% - 22.4% 24.1% - 26.5% 79

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 40.00% annual, Flat 1 Fee 0 Ins None 25.00%- upfront 0% 0% N/A
Credit Union Loan 36.00% annual, Decl Bal 1 Fee 0 Ins None 50.00%- upfront 0% 0% N/A
Micro-Enterprise Loan 30.00% annual, Flat 1 Fee 0 Ins None 35.00%- upfront 0% 0% N/A

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Crédito Banca Comunal 20.6%-22.6% annual, Decl Bal 0 Fees 0 Ins Ins None 10.0% upfront 22.3% 26.3% - 26.4% 78
Crédito Grupo Solidario 20.5%-22.5% annual, Decl Bal 0 Fees 0 Ins Ins None 10.0% upfront 20.5% - 22.5% 24.2% - 26.7% 79
Crédito Individual 20.5%-22.5% annual, Decl Bal 0 Fees 0 Ins Ins None 10.0% upfront 20.4% - 22.4% 24.1% - 26.5% 79

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 40.00% annual, Flat 1 Fee 0 Ins Ins None 25.00%- upfront 0% 0% N/A
Credit Union Loan 36.00% annual, Decl Bal 1 Fee 0 Ins Ins None 50.00%- upfront 0% 0% N/A
Micro-Enterprise Loan 30.00% annual, Flat 1 Fee 0 Ins Ins None 35.00%- upfront 0% 0% N/A
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