Institution

CRAN Microfinance Head OfficeCape Coast, CentralP.O. Box UC 97
Data approved: 2013-02-18
Data version: 2
Age of data: 78 months

Institution

Initiative Development-Ghana FNGO Head OfficeStephens Close, Dansoman SNNIT Flats, Opposite Block 15Accra, Greater AccraP.O. Box GP 19382
Data approved: 2013-02-19
Data version: 2
Age of data: 78 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.cranmicrofinance.org
Year established1993
Head of InstitutionDr. Patrick Agbesingale
Regions activeCentral Region, Western Region, Volta Region
# Branches5

Total Portfolio (nat'l)GHS 2,008,192
Total Portfolio (USD)USD 1,019,386.80
Active clients with loans3,613
Approximate % female clients80% - 100%
Approximate % urban clients40% - 60%
Network affiliationsGHAMFIN, ASSFIN, GAMC
FundersCORDAID, TERA JANE, KIVA

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.idghana.org/
Year established1998
Head of InstitutionStephen Mawuli Kwesi Dugbazah
Regions activeGreater Accra Region
# Branches5

Total Portfolio (nat'l)GHS 1,879,142
Total Portfolio (USD)USD 953,879.19
Active clients with loans5,689
Approximate % female clients80% - 100%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, ASSFIN, AMT
FundersEntrepreneurs du Monde, Air Liquide, TECHNIP, French Embassy

Loan Products » Summary

3,234 Borrowers
USD 796,932.99 Portfolio
Active Product
379 Borrowers
USD 222,453.30 Portfolio
Active Product

Loan Products » Summary

277 Borrowers
USD 38,994.42 Portfolio
Active Product
138 Borrowers
USD 3,205.08 Portfolio
Active Product
5,274 Borrowers
USD 911,679.19 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loans GHS 200 - 3,000 4 - 12 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Savings promotion
Individual Loan GHS 200 - 10,000 6 - 12 60% - 80% 40% - 60% Business Women, Men, Have business Credit Educ, Credit Ins, Savings promotion

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Front Desk GHS 100 - 5,000 3 - 9 80% - 100% 80% - 100% Business Women, Men, Have business Credit Educ, Business Training, Other Training, Life skill training, counciling, and referral services.
Kick Start GHS 20 - 200 6 80% - 100% 80% - 100% Business Women Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services.
Onipa Nua (Each other's keepers) GHS 100 - 5,000 3 - 9 80% - 100% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Business Training, Other Training, Life skill training, counciling, and referral services.

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loans 42.00% annual, Flat 1 Fee 1 Ins None 20.00% upfront 73.3% - 73.5% 112.8% - 114% 37
Individual Loan 42.00% annual, Flat 1 Fee 1 Ins None 20.00% upfront 72.3% - 73.5% 106.1% - 112% 37

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Front Desk 36.0% annual, Flat 1 Fee 0 Ins None N/A 68.9% - 74.9% 68.9% - 74.9% 49
Kick Start 0.0% annual, Flat 0 Fees 0 Ins None N/A 0% 0% 100
Onipa Nua (Each other's keepers) 36.0% annual, Flat 1 Fee 0 Ins None N/A 70.3% - 71.2% 70.3% - 71.2% 50

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loans 42.00% annual, Flat 1 Fee 1 Ins Ins None 20.00% upfront 73.3% - 73.5% 112.8% - 114% 37
Individual Loan 42.00% annual, Flat 1 Fee 1 Ins Ins None 20.00% upfront 72.3% - 73.5% 106.1% - 112% 37

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Front Desk 36.0% annual, Flat 1 Fee 0 Ins Ins None N/A 68.9% - 74.9% 68.9% - 74.9% 49
Kick Start 0.0% annual, Flat 0 Fees 0 Ins Ins None N/A 0% 0% 100
Onipa Nua (Each other's keepers) 36.0% annual, Flat 1 Fee 0 Ins Ins None N/A 70.3% - 71.2% 70.3% - 71.2% 50
Institution Price Graph
Institution Price Graph
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to