Institution # Borrowers Portfolio (US$) Products Age of Data
ACSI682,200103,172,0005107
ADCSI176,10030,846,0002108
BG47,0004,048,0004107
DECSI361,00096,304,0007107
Dire4,900828,0004107
DMCPSC1,20069,0001107
Eshet18,8002,392,0003107
Harbu22,4001,757,0002107
Meklit12,2001,395,0004107
Metemamen10,500650,0006107
OCSSCO502,70069,565,0003107
OMO323,60031,385,0004107
PEACE17,2002,462,0003107
SFPI33,6002,750,0003107
Sidama53,4001,162,0006107
Wasasa49,3005,798,0004107
Wisdom MFI45,3005,500,0006104
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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