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Institution

Safe Save Ghana Head OfficeAccra, GhanaP.O. Box 949
Data approved: 2013-04-03
Data version: 1
Age of data: 81 months

Product

Group Loan Product 1 of 1 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 70,000
Portfolio (USD)USD 35,532.99
Active Clients with Loans200
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for individual women in groups.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Educationx
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business trainingx
Other trainingx
OtherHIV/AIDS Awareness Training
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age groupx
OtherMust be 18+ years old
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveGreater Accra Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 350
Maximum loan sizeGHS 500
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term5.0 months
Longest loan term12.0 months
Approx average8.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months60%
Between 7 and 9 months40%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage90%
Average grace period8.0 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest3.00%
Highest quoted nominal interest3.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionApplication FeeProcessing Fee
% of loan amount - min00
% of loan amount - max00
OR, Fixed amount - min1010
Fixed amount - max1015
Reason for variationOnly charged on first-cycle loans10 GHS for first-cycle, 15 GHS for multiple-cycle.
Appears on Repayment Sched?YesYes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount depositedGHS 50
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedGHS 2
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No

Full Pricing Data

Group Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 350GHS 400GHS 500
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2012-10-262013-04-192013-04-12
Loan Term (Months)4.8 months4.0 months5.1 months
Grace Period (Months)0.1 months0.2 months0.0 months
Total Cost of CreditGHS 72.20GHS 68GHS 120
True Price by Comp     
Interest price component67.7%63.1%85.2%
Fee Component29.6%29.2%19.8%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component46.9%33.0%32.2%
Full APR (int fee ins tax dep)144.2%125.3%137.2%
Transparency Index252926
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Group Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000180
AMPL00080
Arman41,500529,107,000180
Arohan43,5008,091,000280
ASA INDIA164,00015,380,000180
Asirvad113,50019,328,000180
Asmitha1,114,800217,867,000180
Bandhan4,048,600674,564,000580
Belstar123,00023,945,000259
BSFL275,20031,590,000380
Chaitanya20,7003,748,000380
Disha Microfin69,00014,332,000280
Equitas1,220,000186,415,000480
ESAF354,20043,500,000580
FFSL150,60035,719,000280
Fusion66,8009,820,000280
Grama Vidiyal738,200102,101,000180
Grameen Koota586,60083,555,0001582
Janalakshmi506,000119,077,000280
L & T Finance399,80037,199,000180
MFL331,80049,083,000180
MMFL175,00023,752,000280
Mpower13,6002,263,000280
Sahayata00080
Saija24,7004,682,000280
Samasta45,5004,809,000280
Satin405,60090,174,000280
SCCI115,60015,910,000280
Share2,195,400376,727,000180
SKS3,409,000355,029,000280
SMILE360,20056,927,000180
SNFL9,4001,779,000180
Sonata Finance158,20022,724,000382
Spandana533,400147,240,000280
Suryoday78,60014,713,000380
SVCL118,20018,886,000180
Swadhaar92,80017,166,000380
Trident68,7008,852,000180
Ujjivan913,300160,848,000580
Utkarsh168,60025,915,000380
VFS175,40019,264,000280
Asomi50,3004,743,0002113
AES India3,600286,0001113
Arth2,900611,0002113
Asomi50,3004,743,0002113
Barasat GS1,10099,508.021113
BJS6,000468,0001113
Cashpor417,00050,452,0001112
Credible10,0001,669,540.362113
DIBAKAR1,800145,0001112
GOF65,2005,388,0004112
Hope62,6004,407,0001110
Jaago2,700237,0001111
LOK4,900573,0001112
Nano25,6003,660,0002113
NBSAAVS28,1002,821,0001110
Nirantara8,200917,0002112
Parama7,100482,0001112
Pragathi26,2004,579,0006112
PWMACS36,5005,946,0001112
Saadhana90,90012,046,0002112
Sambhav1,500183,0003112
Seba Rahara6,700468,0001112
SU61,1005,498,0001112
Swayanshree7,900918,0002112
Vikas Samiti1,600168,0001112
Vistaar4,3001,157,0002110
We The People1,100244,0002112
WEMCS1,10085,0001112
Yukti1,10099,0002112
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
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