Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.eb-accion.com |
Year established | 2008 |
Head of Institution | Mrs. Frances Adu-Mante |
Regions active | Greater Accra Region, Ashanti Region, Brong Ahafo Region |
# Branches | 8 |
Total Portfolio (nat'l) | GHS 23,675,529 |
Total Portfolio (USD) | USD 12,018,035.03 |
Active clients with loans | 9,401 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | Ghana Association of Savings and Loans Companies, GHAMFIN |
Funders | Ecobank Ghana Ltd, Ecobank Transitional Inc, ACCION International, IFC |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.financetrust.co.ug/ |
Year established | 1984 |
Head of Institution | Anne Nakawunde Mulindwa |
Regions active | Central, Eastern, Northern, Western |
# Branches | 30 |
Total Portfolio (nat'l) | UGX 43,801,060,749 |
Total Portfolio (USD) | USD 17,520,424.30 |
Active clients with loans | 22,555 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | World Savings Bank Initiative, WWB, AMFIU, African Rural & Agricultural Credit Association |
Funders | Investisseur et Partnaire el la Developpment, Oikocredit, Uganda Womens Trust, Founder Members |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | GHS 50 - 3,000 | 3 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
Micro Express | GHS 50 - 1,000 | 3 - 6 | 60% - 80% | 60% - 80% | Business | Women, Men, Specific age group | Credit Ins | |||||||
Adwuma Pa | GHS 3,000 - 15,000 | 3 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business, Specific age group | Credit Ins | |||||||
Micro Plus | GHS 15,000 - 30,000 | 3 - 24 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
SME | GHS 30,000 - 50,000 | 3 - 24 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land, Specific age group | Credit Ins | |||||||
Group | GHS 600 - 3,000 | 3 - 12 | 80% - 100% | 0% - 20% | Business | Women, Men, Have business, Specific age group | Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan - Group | UGX 100,000 - 4,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Business | Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Business Loan - Individual | UGX 500,000 - 70,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business, Specific age group, Age 18 and above,, Must have a savings account at Finance Trust | Credit Educ, Credit Ins | |||||||
Personal Development Loan | UGX 500,000 - 70,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Specific age group, Age 18 and above. Regular source of income,, Collateral must be titled land / comprehensively insured motor vehicle | Credit Educ, Credit Ins | |||||||
Salary Loan | UGX 100,000 - 10,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Salaried worker, Specific age group, Age 18 and above, Must open a savings salary account at Finance Trust | Credit Educ, Credit Ins | |||||||
School Fees Loan | UGX 100,000 - 70,000,000 | 3 - 6 | 60% - 80% | 20% - 40% | Education | Women, Men, Have business, Salaried worker, Must have a clear identifiable & regular source of income | Credit Educ, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 81.2% - 82.6% | 83.9% - 120.9% | 52 | |||||||||
Micro Express | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 2.50-10.00 ongoing | 87.8% - 95.1% | 154.3% - 180.7% | 29 | ||||||||
Adwuma Pa | 45.0% annual, Flat | 1 Fee | 1 Ins | None | 61.3% - 76.6% | 68.3% - 78% | 61 | |||||||||
Micro Plus | 42.0%-45.0% annual, Flat | 1 Fee | 1 Ins | None | 74% - 76.6% | 75.2% - 78.2% | 54 | |||||||||
SME | 38.4%-42.0% annual, Flat | 1 Fee | 1 Ins | None | 59.9% - 64.5% | 60.7% - 66.9% | 59 | |||||||||
Group | 48.0% annual, Flat | 1 Fee | 1 Ins | None | 2.50-10.00 ongoing | 74.1% - 77.1% | 111.6% - 118.8% | 41 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan - Group | 30.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 64.7% - 84.9% | 81.8% - 128.1% | 29 | ||||||||
Business Loan - Individual | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 56.3% - 65.9% | 68.6% - 81.8% | 33 | ||||||||
Personal Development Loan | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins | None | N/A | 51.8% - 61.4% | 53.9% - 63.6% | 41 | ||||||||
Salary Loan | 27.00% annual, Flat | 3 Fees | 1 Ins | None | N/A | 50.8% - 73.6% | 52.5% - 77.4% | 45 | ||||||||
School Fees Loan | 36.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 67% - 87.6% | 82.6% - 109.3% | 38 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Nkosuo | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 81.2% - 82.6% | 83.9% - 120.9% | 52 | |||||||||
Micro Express | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 2.50-10.00 ongoing | 87.8% - 95.1% | 154.3% - 180.7% | 29 | ||||||||
Adwuma Pa | 45.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 61.3% - 76.6% | 68.3% - 78% | 61 | |||||||||
Micro Plus | 42.0%-45.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 74% - 76.6% | 75.2% - 78.2% | 54 | |||||||||
SME | 38.4%-42.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 59.9% - 64.5% | 60.7% - 66.9% | 59 | |||||||||
Group | 48.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 2.50-10.00 ongoing | 74.1% - 77.1% | 111.6% - 118.8% | 41 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan - Group | 30.00% annual, Flat | 3 Fees | 1 Ins Ins | None | 10.00% upfront | 64.7% - 84.9% | 81.8% - 128.1% | 29 | ||||||||
Business Loan - Individual | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins Ins | None | 10.00% upfront | 56.3% - 65.9% | 68.6% - 81.8% | 33 | ||||||||
Personal Development Loan | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins Ins | None | N/A | 51.8% - 61.4% | 53.9% - 63.6% | 41 | ||||||||
Salary Loan | 27.00% annual, Flat | 3 Fees | 1 Ins Ins | None | N/A | 50.8% - 73.6% | 52.5% - 77.4% | 45 | ||||||||
School Fees Loan | 36.00% annual, Flat | 3 Fees | 1 Ins Ins | None | 10.00% upfront | 67% - 87.6% | 82.6% - 109.3% | 38 |
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