| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | http://www.ahantamanruralbank.com/ |
| Year established | 1984 |
| Head of Institution | John Dadzie |
| Regions active | Western Region |
| # Branches | 12 |
| Total Portfolio (nat'l) | GHS 19,495,388.08 |
| Total Portfolio (USD) | USD 9,896,136.08 |
| Active clients with loans | 23,850 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | GHAMFIN, ARB APEX, BOG |
| Funders | SPEED Ghana |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1996 |
| Head of Institution | Pramod Kumar Paliwal |
| Regions active | |
| # Branches | 10 |
| Total Portfolio (nat'l) | INR 98,799,721 |
| Total Portfolio (USD) | USD 1,864,145.68 |
| Active clients with loans | 13,170 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | GHS 500 - 3,000 | 4 - 6 | 80% - 100% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Salary Loan | GHS 200 - 12,000 | 12 - 36 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Ins, Tech Asst Visits | |||||||
| Sundry (SME) Loan | GHS 5,000 - 25,000 | 3 - 12 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Ins, Business Training | |||||||
| Susu Loan | GHS 500 - 5,000 | 12 | 60% - 80% | 0% - 20% | Business | Women, Men, Have business | Credit Ins, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sampda | INR 35,000 - 35,000 | 16 | 80% - 100% | 20% - 40% | Business, Can only be used for FIXED assets, Asset Creation of Borrower's Choice | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Shahyog | INR 10,000 - 16,000 | 12 | 80% - 100% | 20% - 40% | Business, Housing | Women | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 48.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 86.3% - 86.7% | 107.7% - 108% | 44 | ||||||||
| Salary Loan | 25.50%-38.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 47.1% - 62% | 48.8% - 65.3% | 45 | ||||||||
| Sundry (SME) Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66.3% - 66.4% | 69.6% - 69.7% | 50 | ||||||||
| Susu Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 66% - 66.6% | 69.2% - 69.9% | 50 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sampda | 0% | 29.2% | 32.4% | N/A | ||||||||||
| Shahyog | 0% | 31.7% | 35.9% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 48.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% upfront | 86.3% - 86.7% | 107.7% - 108% | 44 | ||||||||
| Salary Loan | 25.50%-38.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 47.1% - 62% | 48.8% - 65.3% | 45 | ||||||||
| Sundry (SME) Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 66.3% - 66.4% | 69.6% - 69.7% | 50 | ||||||||
| Susu Loan | 35.00%-37.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 66% - 66.6% | 69.2% - 69.9% | 50 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sampda | 0% | 29.2% | 32.4% | N/A | ||||||||||
| Shahyog | 0% | 31.7% | 35.9% | N/A |
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