Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001120
CEPESIU2,000939,0004120
COAC 4 Octubre2,2005,771,0002120
COAC Ambato1,30016,415,0002120
COAC FondVida2,5004,200,0004120
COAC LaBenefica2,5008,482,0006120
COAC MCCH5,30010,020,0002120
COAC Nacional30,70027,129,0002120
COAC San José10,40029,133,0005120
COAC SanAntonio1,0002,384,0003120
COAC SantaAnita2,0002,532,0006120
Codesarrollo14,40040,328,0007120
Coop San Miguel1,8004,754,0005117
CooP VPR7001,052,0004120
Cooprogreso7,90032,244,0004120
Credi Fe100,900380,039,0004120
D^Miro36,90027,692,0009113
DECOF2,200705,0002120
Espoir62,10021,036,0005120
FODEMI28,20012,924,0003120
Fundacion Alternativa4,3005,545,0002120
FUNDAMIC2,0001,468,0002120
INSOTEC7,0006,047,0004120
Luz del Valle6,40011,300,0003120
ProCredit43,800211,941,0002120
PS Ambato5,6002,771,0001120
Please note that the information you are viewing is 89 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Rich Step Investment Head OfficeTemaKpone, Greater AccraP.O. Box SC116
Data approved: 2013-03-14
Data version: 2
Age of data: 89 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.richstepinvestment.com
Year established2007
Head of InstitutionStephen Dzovor
Regions activeGreater Accra Region
# Branches9

Total Portfolio (nat'l)GHS 200,000
Total Portfolio (USD)USD 101,522.84
Active clients with loans150
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, GCSCA
Funders

Loan Products » Summary

150 Borrowers
USD 101,522.84 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Petty Traders Loan GHS 50 - 1,000 1 - 5 40% - 60% 80% - 100% Business Women, Men, Have business, Have home or land, Specific age group Group Mtgs, Credit Ins, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Petty Traders Loan 60.00%-120.00% annual, Flat 2 Fees 0 None 25.00% upfront 147.3% - 245.4% 259.4% - 420.1% 16
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