Please note that the information you are viewing is 81 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Rich Step Investment Head OfficeTemaKpone, Greater AccraP.O. Box SC116
Data approved: 2013-03-14
Data version: 2
Age of data: 81 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.richstepinvestment.com
Year established2007
Head of InstitutionStephen Dzovor
Regions activeGreater Accra Region
# Branches9

Total Portfolio (nat'l)GHS 200,000
Total Portfolio (USD)USD 101,522.84
Active clients with loans150
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, GCSCA
Funders

Loan Products » Summary

150 Borrowers
USD 101,522.84 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Petty Traders Loan GHS 50 - 1,000 1 - 5 40% - 60% 80% - 100% Business Women, Men, Have business, Have home or land, Specific age group Group Mtgs, Credit Ins, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Petty Traders Loan 60.00%-120.00% annual, Flat 2 Fees 0 None 25.00% upfront 147.3% - 245.4% 259.4% - 420.1% 16
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
APAS320128,0002105
BRAC-UGA139,20028,254,000361
Centenary Bank133,802221,144,231485
EBO SACCO1,5001,240,382285
Equity Bank13,06957,252,004085
Finance Trust22,55517,520,424585
FINCA-UGA56,30027,402,000459
Five Talents5,365368,057285
Gatsby1,3462,440,236285
Habitat Uganda858265,508185
Hofokam20,9084,793,200685
KACITA15660,318185
Madfa SACCO4,832288,674585
Opportunity23,73413,560,8461385
RUCREF5,557898,3804105
Rushere SACCO983574,549285
SAO20462,768185
Silver Upholders2,111189,189485
THPU6,528676,391185
UGAFODE8,1974,720,446985
VF Uganda13,0723,221,675585
Wakiso513276,000185
Y-SAVE2081,686,485185
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