| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | n/a |
| Year established | 2008 |
| Head of Institution | Amadu Montia |
| Regions active | Northern Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 1,905,561.29 |
| Total Portfolio (USD) | USD 967,289.99 |
| Active clients with loans | 5,143 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, GCSCA |
| Funders | MiDA |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.asp-i.org/asp-i/ |
| Year established | 2003 |
| Head of Institution | Moses O.T Owharo |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | GHS 310,000 |
| Total Portfolio (USD) | USD 206,666.67 |
| Active clients with loans | 4,200 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | GHAMFIN, ASSFIN, Coalition of NGOs in Health, Microcredit summit campaign, USA |
| Funders | USAID, UBA, FIDELITY BANK, Ghana Commercial Bank |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | GHS 1,000 - 30,000 | 1 - 3 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Group Loan | GHS 100 - 1,000 | 4 | 80% - 100% | 80% - 100% | Business | Women, Have business, Must be a group member and must have lived in the community for at least one year, Must have group guarantee | Credit Educ, Group Mtgs, Health and nutrition training, Clean up exercises (sanitation) |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | GHS 800 - 8,000 | 4 - 6 | 80% - 100% | 0% - 20% | ||||||||||
| Compulsory Savings Loan | GHS 300 - 3,000 | 3 - 6 | 80% - 100% | 0% - 20% | ||||||||||
| Individual Loan | GHS 900 - 2,000 | 3 - 12 | 60% - 80% | 40% - 60% | ||||||||||
| SME Loan | GHS 1,500 - 5,000 | 4 - 8 | 80% - 100% | 60% - 80% | ||||||||||
| Susu Savings Loan | GHS 200 - 1,000 | 3 - 6 | 80% - 100% | 0% - 20% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 46% - 64.7% | 59.4% - 132.1% | 47 | ||||||||||
| Compulsory Savings Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 65.1% - 97.2% | 90.8% - 141.1% | 33 | ||||||||||
| Individual Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 83.1% - 87.1% | 119.8% - 126.9% | 34 | ||||||||||
| SME Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 74.7% - 96.7% | 109.5% - 140.4% | 34 | ||||||||||
| Susu Savings Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins | N/A | 87.1% | 87.1% | 48 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
| Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 46% - 64.7% | 59.4% - 132.1% | 47 | ||||||||||
| Compulsory Savings Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 65.1% - 97.2% | 90.8% - 141.1% | 33 | ||||||||||
| Individual Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 83.1% - 87.1% | 119.8% - 126.9% | 34 | ||||||||||
| SME Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 74.7% - 96.7% | 109.5% - 140.4% | 34 | ||||||||||
| Susu Savings Loan | 42.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | N/A | 87.1% | 87.1% | 48 |
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