Please note that the information you are viewing is 101 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE


Sidama MFI Head OfficeHawassaPO Box 565
Data approved: 2011-12-23
Data version: 1
Age of data: 101 months


Petty Trade Loan Product 5 of 6 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ETB)ETB 6,660,000
Portfolio (USD)USD 361,956.52
Active Clients with Loans16,403
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Solidarity groupx
Village banking
Self help group
This product is targeted at those who engage in petty trading activities. It may be either on group or individual basis.
Loan Purpose
Any purpose
Income generationx
Consumer loan
Other household finance
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other (2)
No other services
Must run a business
Must own a home or landx
Must be a salaried worker
Must be specific age group
Other (2)
# 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
Minimum loan sizeETB 300
Maximum loan size100,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Every 2 weeksx
Every 4 weeks
Every 2 months
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Lowest quoted nominal interest18.00%
Highest quoted nominal interest18.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.00%
% 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
Ins 1
DescriptionLoan Insurance
% of loan amount - min1.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation1% for group members, 2% for individual loans
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited6.00% - N/A
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedETB 20 - N/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid5.00%
Interest payment frequencyAnnually
Are taxes charged on this product?No
Additional Comments
Interest on Saving is compounded on quarterly basis.

Full Pricing Data

Petty Trade Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountETB 3,000ETB 6,000ETB 7,000ETB 25,000ETB 30,000ETB 30,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2011-09-162011-09-222011-09-222011-08-172011-08-172011-08-10
Loan Term (Months)12.0 months12.0 months12.0 months24.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component35.7%35.7%35.7%28.7%28.7%28.7%
Insurance Component2.1%2.1%2.1%1.1%1.1%1.1%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component5.9%4.8%4.7%3.2%3.1%3.1%
Full APR (int fee ins tax dep)43.7%42.6%42.5%33.0%32.9%32.9%
Transparency Index414242555555
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
Petty Trade Loan Price Graphs

Please note that the information you are viewing is 83 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE


Calvary Enterprise Development Foundation P. O Box MP 2468Mamprobi, Accra, Greater Accra233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established2006
Head of InstitutionMagnus Amoa-Bosompem
Regions active0
# Branches0

Total Portfolio (nat'l)GHS 519,300
Total Portfolio (USD)USD 346,200
Active clients with loans1,514
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliationsAssociation of Financial NGOs, Ghana Micro Finance Institutions Network

Loan Products » Summary

101 Borrowers
USD 67,333 Portfolio
Active Product
25 Borrowers
USD 10,000 Portfolio
Active Product
100 Borrowers
USD 13,333 Portfolio
Active Product
1,060 Borrowers
USD 242,340 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agricultural Production Credit GHS 1,000 - 1,000 8 - 12 60% - 80% 0% - 20%
Apprenticeship Start-up Credit Program 0 0 80% - 100% 40% - 60%
Efficient Energy Credit Program GHS 200 - 1,000 3 - 6 80% - 100% 0% - 20%
Micro Enterprise Development GHS 100 - 3,000 6 - 12 80% - 100% 40% - 60%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agricultural Production Credit 30.00%-0.00% annual, Decl Bal 2 Fees 0 Ins N/A 18.6% - 29.4% 18.6% - 29.4% 100
Apprenticeship Start-up Credit Program 0.00% annual, 0 0 Fees 0 Ins 55.1% - 59.5% 55.1% - 59.5%
Efficient Energy Credit Program 36.00%-0.00% annual, Decl Bal 1 Fee 0 Ins N/A 61.2% 61.2% 58
Micro Enterprise Development 36.00%-0.00% annual, Flat 1 Fee 1 Ins N/A 61.2% - 64.8% 64.6% - 68.4% 54
Institution Price Graph
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Key Statistics
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# 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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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