| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | http://www.swayanshree.org/ |
| Year established | 2006 |
| Head of Institution | Ms. Nayana Mohanty |
| Regions active | |
| # Branches | 3 |
| Total Portfolio (nat'l) | INR 48,681,845 |
| Total Portfolio (USD) | USD 918,525.38 |
| Active clients with loans | 8,008 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations |
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.myinnovativefinance.com/ |
| Year established | 1999 |
| Head of Institution | Sheila Azuntaba |
| Regions active | 0 |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 576,895 |
| Total Portfolio (USD) | USD 384,596.67 |
| Active clients with loans | 356 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | GHANA COOPERATIVE OF SUSU COLLECTORS ASSOCIATION, GHANA MICROFINANCE NETWORK |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | INR 2,000 - 50,000 | 6 - 24 | 80% - 100% | 0% - 20% | Any Purpose | Women, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training | |||||||
| Asha Loan | INR 3,000 - 6,000 | 6 - 18 | 80% - 100% | 80% - 100% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Innovative Auto Loan | 0 | 0 | 0% - 20% | 80% - 100% | ||||||||||
| Innovative Micro-Leasing | 0 | 0 | 60% - 80% | 60% - 80% | ||||||||||
| Susu Loan | GHS 200 - 1,500 | 3 - 8 | 60% - 80% | 60% - 80% |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 0% | 20.6% - 21.8% | 31.1% - 32.8% | N/A | ||||||||||
| Asha Loan | 0% | 8.9% | 13.4% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 18.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 20.0% upfront | 20.6% - 21.8% | 31.1% - 32.8% | 57 | ||||||||
| Asha Loan | 0.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 20.0% upfront 1.00% ongoing | 8.9% | 13.4% | 0 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Innovative Auto Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 119.5% - 143.2% | 205.7% - 261% | |||||||||||
| Innovative Micro-Leasing | 0.00% annual, 0 | 0 Fees | 0 Ins | 109.1% - 145.4% | 202% - 264.9% | |||||||||||
| Susu Loan | 60.00%-0.00% annual, Flat | 2 Fees | 1 Ins | 138.9% - 157.7% | 256.4% - 287.6% | 21 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 0% | 20.6% - 21.8% | 31.1% - 32.8% | N/A | ||||||||||
| Asha Loan | 0% | 8.9% | 13.4% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 18.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 20.0% upfront | 20.6% - 21.8% | 31.1% - 32.8% | 57 | ||||||||
| Asha Loan | 0.0% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 20.0% upfront 1.00% ongoing | 8.9% | 13.4% | 0 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Innovative Auto Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 119.5% - 143.2% | 205.7% - 261% | |||||||||||
| Innovative Micro-Leasing | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 109.1% - 145.4% | 202% - 264.9% | |||||||||||
| Susu Loan | 60.00%-0.00% annual, Flat | 2 Fees | 1 Ins Ins | 138.9% - 157.7% | 256.4% - 287.6% | 21 |
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