Please note that the information you are viewing is 83 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Safe Save Ghana Head OfficeAccra, GhanaP.O. Box 949
Data approved: 2013-04-03
Data version: 1
Age of data: 83 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


Please note that the information you are viewing is 88 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Uganda Finance Trust Plot 121&115, Block 6KatweKampala, Central UgandaPO Box 6972
Data approved: 2012-10-16
Data version: 2
Age of data: 88 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.financetrust.co.ug/
Year established1984
Head of InstitutionAnne Nakawunde Mulindwa
Regions activeCentral, Eastern, Northern, Western
# Branches30

Total Portfolio (nat'l)UGX 43,801,060,749
Total Portfolio (USD)USD 17,520,424.30
Active clients with loans22,555
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsWorld Savings Bank Initiative, WWB, AMFIU, African Rural & Agricultural Credit Association
FundersInvestisseur et Partnaire el la Developpment, Oikocredit, Uganda Womens Trust, Founder Members

Loan Products » Summary

3,491 Borrowers
USD 536,528 Portfolio
Active Product
16,202 Borrowers
USD 14,903,842 Portfolio
Active Product
104 Borrowers
USD 385,861 Portfolio
Active Product
1,440 Borrowers
USD 647,668 Portfolio
Active Product
999 Borrowers
USD 229,281 Portfolio
Active Product

Loan Products » Conditions

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

Loan Products » Pricing Information

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
Institution Price Graph
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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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