2. AGFS
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
  2. BIMAS
Please note that the information you are viewing is 134 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

African Gate Financial Support Hse No.118/1 Bekwai Rd,near Old John Sarbah Rd, Market Circle,Takoradi, Western Region233
Data approved: 2011-12-07
Data version: 1
Age of data: 150 months

Institution

Business Initiative and Management Assistance Services (BIMAS) 2299 EmbuKenya60100
Data approved: 2010-09-14
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.africangatesupport.com/
Year established2008
Head of InstitutionJoris Eduamah
Regions activeWestern Region
# Branches2

Total Portfolio (nat'l)GHS 93,619
Total Portfolio (USD)USD 47,522.34
Active clients with loans225
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliations
FundersNeurotical Ideas Ltd

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addressN/A
Year established1997
Head of InstitutionPatrick Gathondu
Regions active0
# Branches5

Total Portfolio (nat'l)KES 217,413,552
Total Portfolio (USD)USD 2,625,767.54
Active clients with loans11,645
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliations
Funders

Loan Products » Summary

Group Loan
181 Borrowers
USD 17,766.50 Portfolio
Active Product
SME Loan
44 Borrowers
USD 29,441.62 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 » Summary

Hitimu
256 Borrowers
USD 34,515.71 Portfolio
Active Product
Imarika
242 Borrowers
USD 144,840.23 Portfolio
Active Product
Mama Plus
700 Borrowers
USD 132,300.70 Portfolio
Active Product
Mifugo
132 Borrowers
USD 47,793.73 Portfolio
Active Product
Msingi
9,794 Borrowers
USD 2,025,178.84 Portfolio
Active Product
Upesi
288 Borrowers
USD 15,867.10 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan GHS 100 - 5,000 1 - 6 80% - 100% 40% - 60% Business, Housing, Consumer, Education Women, Men Group Mtgs, Business Training

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Hitimu Loan KES 15,000 - 30,000 6 - 12 40% - 60% 40% - 60% Business Women, Men Credit Educ, Group Mtgs, Credit Ins, Business Training
Imarika Loan KES 50,000 - 2,000,000 3 - 18 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Mama Plus Loan KES 10,000 - 100,000 6 - 12 80% - 100% 40% - 60% Business Women, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Mifugo Loan KES 50,000 - 80,000 9 - 12 40% - 60% 40% - 60% Business, Agricultural loan Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Msingi Loan KES 20,000 - 1,000,000 3 - 18 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Upesi Loan KES 10,000 - 20,000 3 - 6 40% - 60% 40% - 60% Business, Other Women, Men, Have business Credit Educ, Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 72.00%-88.20% annual, Flat 1 Fee 0 None 20.00%- upfront 168.1% - 207.8% 242.2% - 311.7% 25

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Hitimu Loan 17.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Imarika Loan 17.0% annual, Flat 1 Fee 1 Ins None 4,000.00 upfront 200.00 ongoing 0% 0% N/A
Mama Plus Loan 8.0% annual, Flat 1 Fee 1 Ins None 15.0% upfront 100.00 ongoing 0% 0% N/A
Mifugo Loan 17.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Msingi Loan 17.0% annual, Flat 0 Fees 0 Ins None 15.0% upfront 100.00 ongoing 0% 0% N/A
Upesi Loan 24.0% annual, Flat 1 Fee 0 Ins None 15.0% upfront 100.00 ongoing 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
Group Loan 72.00%-88.20% annual, Flat 1 Fee 0 None 20.00%- upfront 168.1% - 207.8% 242.2% - 311.7% 25

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Hitimu Loan 17.0% annual, Flat 1 Fee 1 Ins Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Imarika Loan 17.0% annual, Flat 1 Fee 1 Ins Ins None 4,000.00 upfront 200.00 ongoing 0% 0% N/A
Mama Plus Loan 8.0% annual, Flat 1 Fee 1 Ins Ins None 15.0% upfront 100.00 ongoing 0% 0% N/A
Mifugo Loan 17.0% annual, Flat 1 Fee 1 Ins Ins None 25.0% upfront 100.00 ongoing 0% 0% N/A
Msingi Loan 17.0% annual, Flat 0 Fees 0 Ins Ins None 15.0% upfront 100.00 ongoing 0% 0% N/A
Upesi Loan 24.0% annual, Flat 1 Fee 0 Ins Ins None 15.0% upfront 100.00 ongoing 0% 0% N/A
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Key Statistics
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# Borrowers
Loan Portfolio (USD)
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% Products with one or more fee
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% Products with compulsory deposits
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