Please note that the information you are viewing is 150 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Metemamen MFI Bole RoadAddis AbabaPO Box 21304
Data approved: 2011-12-23
Data version: 1
Age of data: 150 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2002
Head of InstitutionMs Wegayehu Asrat
Regions active
# Branches5

Total Portfolio (nat'l)ETB 11,960,952
Total Portfolio (USD)USD 650,051.74
Active clients with loans10,541
Approximate % female clients60% - 80%
Approximate % urban clients40% - 60%
Network affiliationsAEMFI, MAIN
FundersCRS, ICCO Terafina

Loan Products » Summary

2,891 Borrowers
USD 59,468.48 Portfolio
Active Product
5,060 Borrowers
USD 471,330.87 Portfolio
Active Product
1,165 Borrowers
USD 31,912.45 Portfolio
Active Product
427 Borrowers
USD 17,545.38 Portfolio
Active Product
962 Borrowers
USD 55,780.11 Portfolio
Active Product
36 Borrowers
USD 14,014.46 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Endeg Loan (let us grow together) ETB 1,300 - 6,500 3 - 12 80% - 100% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs
Eshet Loan (A seed in the process of being ripe) ETB 1,500 - 6,600 3 - 12 60% - 80% 0% - 20% Business, Agriculture Women, Men Credit Educ, Group Mtgs
Hibret Loan (Union) ETB 1,200 - 7,200 3 - 12 60% - 80% 40% - 60% Business Women, Men Credit Educ, Group Mtgs
Qirs Loan (Property) ETB 1,500 - 7,000 12 20% - 40% 40% - 60% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs
Siket Loan (Success) ETB 2,500 - 11,000 3 - 12 80% - 100% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Endeg Loan (let us grow together) 18.0% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 37.9% - 38.8% 45.4% - 47.8% 38
Eshet Loan (A seed in the process of being ripe) 19.2% annual, Flat 0 Fees 0 Ins None 8.0% upfront 10.00% ongoing 18.1% - 21.2% 19.1% - 22.6% 96
Hibret Loan (Union) 18.0% annual, Flat 0 Fees 0 Ins None 8.0% upfront 10.00% ongoing 31.6% - 32% 36.8% - 37.4% 48
Qirs Loan (Property) 14.4% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 30.8% - 31.8% 36.5% - 37.8% 38
Siket Loan (Success) 18.0% annual, Flat 1 Fee 0 Ins None 8.0% upfront 10.00% ongoing 40% - 45.3% 48.2% - 55.6% 35
Institution Price Graph
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

ProCredit Savings & Loans Company Ltd. P. O Box NT 328 Newtown, AccraAccra, Greater Accra
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Product

ProCredit Line (Overdraft) Product 4 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 2,162,044
Portfolio (USD)USD 1,441,363
Active Clients with Loans120
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity group
Village banking
Self help group
Other
Description
This facility has a contractual fixed credit limit where one can explore the approved credit limit at once or at various withdrawals. Prospective clients can use it to finance working capital projects and for salary workers to meet short term needs\r
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
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 workerx
Must be specific age group
OtherPersonal guarantee and any valid national ID
Other (2)Any evidence of business ownership (Registered or not)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 2,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term12.0 months
Approx average5.9 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end paymentx
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest39.60%
Highest quoted nominal interest67.20%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
Description
% of loan amount - min1.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
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 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

ProCredit Line (Overdraft) samples
No sample data for this product
ProCredit Line (Overdraft) 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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