| Institution Type | Other |
| Is this institution regulated? | No |
| Website address | http://www.jaago.org/ |
| Year established | 2007 |
| Head of Institution | Pragyesh Singh |
| Regions active | |
| # Branches | 4 |
| Total Portfolio (nat'l) | INR 12,599,383 |
| Total Portfolio (USD) | USD 237,724.21 |
| Active clients with loans | 2,716 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations |
| Institution Type | RurBank |
| Is this institution regulated? | Yes |
| Website address | http://www.lowerpraruralbank.com/ |
| Year established | 1983 |
| Head of Institution | Isaac Kwamina Afful |
| Regions active | |
| # Branches | 14 |
| Total Portfolio (nat'l) | GHS 12,443,472 |
| Total Portfolio (USD) | USD 6,316,483.25 |
| Active clients with loans | 34,056 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, ARB APEX |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | INR 5,000 - 20,000 | 8 - 15 | 80% - 100% | 40% - 60% | Business | Women, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training, Signature, Financial Discipline |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan | GHS 1,000 - 30,000 | 1 - 12 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Salary Loan | GHS 500 - 11,000 | 1 - 60 | 40% - 60% | 80% - 100% | Business | Women, Men | Credit Ins | |||||||
| Susu Loan | GHS 200 - 3,500 | 1 - 12 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits, Market trends |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 0 | 28.9% - 30.6% | 30.1% - 33.3% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 24.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 28.9% - 30.6% | 30.1% - 33.3% | 76 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
| Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
| Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 0 | 28.9% - 30.6% | 30.1% - 33.3% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IGL | 24.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | N/A | 28.9% - 30.6% | 30.1% - 33.3% | 76 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 66.3% - 87.9% | 104.2% - 146.4% | 24 | ||||||||
| Salary Loan | 28.00% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 47.4% - 63% | 47.4% - 63% | 48 | ||||||||
| Susu Loan | 30.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 25.00%- upfront | 69.6% - 91.6% | 115.7% - 154.1% | 22 |
| Key Statistics | |
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| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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