Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000189
AMPL00089
Arman41,500529,107,000189
Arohan43,5008,091,000289
ASA INDIA164,00015,380,000189
Asirvad113,50019,328,000189
Asmitha1,114,800217,867,000189
Bandhan4,048,600674,564,000589
Belstar123,00023,945,000267
BSFL275,20031,590,000389
Chaitanya20,7003,748,000389
Disha Microfin69,00014,332,000289
Equitas1,220,000186,415,000489
ESAF354,20043,500,000589
FFSL150,60035,719,000289
Fusion66,8009,820,000289
Grama Vidiyal738,200102,101,000189
Grameen Koota586,60083,555,0001591
Janalakshmi506,000119,077,000289
L & T Finance399,80037,199,000189
MFL331,80049,083,000189
MMFL175,00023,752,000289
Mpower13,6002,263,000289
Sahayata00089
Saija24,7004,682,000289
Samasta45,5004,809,000289
Satin405,60090,174,000289
SCCI115,60015,910,000289
Share2,195,400376,727,000189
SKS3,409,000355,029,000289
SMILE360,20056,927,000189
SNFL9,4001,779,000189
Sonata Finance158,20022,724,000391
Spandana533,400147,240,000289
Suryoday78,60014,713,000389
SVCL118,20018,886,000189
Swadhaar92,80017,166,000389
Trident68,7008,852,000189
Ujjivan913,300160,848,000589
Utkarsh168,60025,915,000389
VFS175,40019,264,000289
Asomi50,3004,743,0002121
AES India3,600286,0001121
Arth2,900611,0002121
Asomi50,3004,743,0002121
Barasat GS1,10099,508.021121
BJS6,000468,0001121
Cashpor417,00050,452,0001120
Credible10,0001,669,540.362121
DIBAKAR1,800145,0001120
GOF65,2005,388,0004120
Hope62,6004,407,0001118
Jaago2,700237,0001119
LOK4,900573,0001120
Nano25,6003,660,0002121
NBSAAVS28,1002,821,0001118
Nirantara8,200917,0002120
Parama7,100482,0001120
Pragathi26,2004,579,0006120
PWMACS36,5005,946,0001120
Saadhana90,90012,046,0002120
Sambhav1,500183,0003120
Seba Rahara6,700468,0001120
SU61,1005,498,0001120
Swayanshree7,900918,0002120
Vikas Samiti1,600168,0001120
Vistaar4,3001,157,0002118
We The People1,100244,0002120
WEMCS1,10085,0001120
Yukti1,10099,0002120
Please note that the information you are viewing is 89 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

ASA Initiative FNGO Head OfficeCape Coast, CentralP.O. Box 396
Data approved: 2013-02-20
Data version: 2
Age of data: 89 months
Choose version

Product

Green Energy-Solar Loan Product 3 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 7,195
Portfolio (USD)USD 3,652.28
Active Clients with Loans534
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Designed for financing green energy projects for businesses and individual domestic usage. Currently a pilot product.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetings
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution1
# Regions for this product1
Regions ActiveCentral Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 70
Maximum loan sizeGHS 200
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 term2.0 months
Longest loan term6.0 months
Approx average6.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest36.00%
Highest quoted nominal interest40.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
n/a

Full Pricing Data

Green Energy-Solar Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 75GHS 75GHS 75
Loan Cycle (1, 2, 3, etc)111
Disbursement Date2012-09-202012-08-312012-07-05
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditGHS 15.75GHS 14.25GHS 14.25
True Price by Comp     
Interest price component64.1%58.0%57.4%
Fee Component0.0%0.0%0.0%
Insurance Component3.6%3.6%3.5%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)67.7%61.6%60.9%
Transparency Index535859
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Green Energy-Solar Loan Price Graphs


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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