| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1999 |
| Head of Institution | Paul Kojo Kombian |
| Regions active | 0 |
| # Branches | 7 |
| Total Portfolio (nat'l) | GHS 4,045,746 |
| Total Portfolio (USD) | USD 2,697,164 |
| Active clients with loans | 9,050 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | ARB APEX, GHAMFIN, Freedom from Hunger |
| Funders | OikoCredit, SPEED Ghana, ARB APEX BANK |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | n/a |
| Year established | 1990 |
| Head of Institution | Kwabena Dankyi Darfoor |
| Regions active | Greater Accra Region, Central Region, Western Region, Eastern Region, Ashanti Region, Northern Region |
| # Branches | 4 |
| Total Portfolio (nat'l) | GHS 110,408 |
| Total Portfolio (USD) | USD 56,044.67 |
| Active clients with loans | 273 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | GHAMFIN, ASSFIN, UNDP, UNCTAD/EMPRETEC Worldwide |
| Funders | UNDP |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | GHS 500 - 5,000 | 4 - 6 | 80% - 100% | 40% - 60% | ||||||||||
| Personal Loan | GHS 100 - 23,000 | 1 - 36 | 60% - 80% | 40% - 60% |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microfinance Loan | GHS 200 - 3,000 | 6 - 12 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business, Specific age group, Children and the very elderly are not eligible., Must be a member of a group or association. | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health/Nutrition , Family Life |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 48.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 97.9% - 106.1% | 116% - 125.6% | 39 | ||||||||||
| Personal Loan | 32.00%-0.00% annual, Flat | 1 Fee | 1 Ins | 63.5% - 114.7% | 78.4% - 143.9% | 32 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microfinance Loan | 36.00% annual, Flat | 2 Fees | 0 | None | 10.00% upfront | 69.3% - 70.3% | 82.1% - 83.3% | 43 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 48.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 97.9% - 106.1% | 116% - 125.6% | 39 | ||||||||||
| Personal Loan | 32.00%-0.00% annual, Flat | 1 Fee | 1 Ins Ins | 63.5% - 114.7% | 78.4% - 143.9% | 32 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microfinance Loan | 36.00% annual, Flat | 2 Fees | 0 | None | 10.00% upfront | 69.3% - 70.3% | 82.1% - 83.3% | 43 |
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