2. Grameen Ghana
Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Meanwood
Please note that the information you are viewing is 157 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Grameen Ghana Tamale, behind the RCCTamale, Northern Region233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 
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Institution

Meanwood Finance Corporation Limited Design HouseCairo RoadLusakaPO Box 31334
Data approved: 2011-12-12
Data version: 1
Age of data: 157 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addressN/A
Year established2001
Head of InstitutionMohammed A. Adams
Regions active0
# Branches4

Total Portfolio (nat'l)GHS 931,520
Total Portfolio (USD)USD 621,013.33
Active clients with loans10,500
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsAssociation of Non-Governmental Organizations (ASSFIN), Ghana Microfinance Associtations Network (GHAMFIN)
FundersGrameen Foundation, Cordaid, Planet Finance

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.meanwoodfinance.co.zm/
Year established2005
Head of InstitutionDaka Timothy
Regions active
# Branches0

Total Portfolio (nat'l)ZMK 9,000,000,000
Total Portfolio (USD)USD 1,739,130.44
Active clients with loans4,889
Approximate % female clients20% - 40%
Approximate % urban clients80% - 100%
Network affiliationsAMIZ
Funders

Loan Products » Summary

Agriculture Business Loan
80 Borrowers
USD 17,557 Portfolio
Active Product
Basic Loan
9,562 Borrowers
USD 394,500 Portfolio
Active Product
Grain Banking
160 Borrowers
USD 130,574 Portfolio
Active Product
Processing Loan
50 Borrowers
USD 33,126 Portfolio
Active Product

Loan Products » Summary

Business
163 Borrowers
USD 888,888.89 Portfolio
Active Product
Group
370 Borrowers
USD 177,004.83 Portfolio
Active Product
Personal
550 Borrowers
USD 347,826.09 Portfolio
Active Product
Salary
374 Borrowers
USD 62,995.17 Portfolio
Active Product
Scheme Loan
567 Borrowers
USD 289,855.07 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Business Loan GHS 400 - 1,000 6 - 12 20% - 40% 0% - 20%
Basic Loan GHS 50 - 500 4 - 6 80% - 100% 0% - 20%
Grain Banking GHS 400 - 1,000 6 - 12 80% - 100% 0% - 20%
Processing Loan GHS 600 - 1,000 6 - 10 80% - 100% 0% - 20%

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loans ZMK 5,000,000 - 1,100,000,000 1 - 6 20% - 40% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Group Loans ZMK 500,000 - 10,000,000 3 - 6 60% - 80% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Other Training
Personal Loans ZMK 500,000 - 20,000,000 1 - 3 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins
Salary Advance ZMK 100,000 - 5,000,000 1 40% - 60% 80% - 100% Education, Other Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training
Scheme Loans ZMK 500,000 - 50,000,000 1 - 12 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Business Loan 30.00%-0.00% annual, Flat 1 Fee 0 Ins N/A 34.4% 34.4% 87
Basic Loan 36.00%-0.00% annual, Flat 1 Fee 0 Ins N/A 68.8% - 84.3% 68.8% - 84.3% 48
Grain Banking 30.00%-0.00% annual, Flat 1 Fee 0 Ins N/A 42.3% 42.3% 70
Processing Loan 30.00%-0.00% annual, Flat 1 Fee 0 Ins N/A 49.8% 49.8% 60

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loans 96.0%-120.0% annual, Flat 2 Fees 0 Ins None N/A 224.9% - 233.5% 224.9% - 233.5% 42
Group Loans 72.0%-96.0% annual, Flat 0 Fees 0 Ins None 10.0% upfront 108.1% - 139.4% 126.6% - 161.7% 49
Personal Loans 120.0%-144.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 217.9% - 229.5% 252% - 265.7% 46
Salary Advance 276.0% annual, Flat 0 Fees 0 Ins None N/A 270.3% - 280.2% 270.3% - 280.2% 100
Scheme Loans 60.0%-96.0% annual, Flat 0 Fees 0 Ins None N/A 77.6% - 146.2% 77.6% - 146.2% 58

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Business Loan 30.00%-0.00% annual, Flat 1 Fee 0 Ins Ins N/A 34.4% 34.4% 87
Basic Loan 36.00%-0.00% annual, Flat 1 Fee 0 Ins Ins N/A 68.8% - 84.3% 68.8% - 84.3% 48
Grain Banking 30.00%-0.00% annual, Flat 1 Fee 0 Ins Ins N/A 42.3% 42.3% 70
Processing Loan 30.00%-0.00% annual, Flat 1 Fee 0 Ins Ins N/A 49.8% 49.8% 60

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loans 96.0%-120.0% annual, Flat 2 Fees 0 Ins Ins None N/A 224.9% - 233.5% 224.9% - 233.5% 42
Group Loans 72.0%-96.0% annual, Flat 0 Fees 0 Ins Ins None 10.0% upfront 108.1% - 139.4% 126.6% - 161.7% 49
Personal Loans 120.0%-144.0% annual, Flat 1 Fee 0 Ins Ins None 10.0% upfront 217.9% - 229.5% 252% - 265.7% 46
Salary Advance 276.0% annual, Flat 0 Fees 0 Ins Ins None N/A 270.3% - 280.2% 270.3% - 280.2% 100
Scheme Loans 60.0%-96.0% annual, Flat 0 Fees 0 Ins Ins None N/A 77.6% - 146.2% 77.6% - 146.2% 58
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Key Statistics
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Loan Portfolio (USD)
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