Institution # Borrowers Portfolio (US$) Products Age of Data
ACAWE10016,0002149
AfricaWorks6,5001,843,0008110
AZADER2003,0002150
BOM18,9006,422,0003118
CCOM9,1002,995,0006133
FDM7,2001,002,0004133
Hluvuku-ADSEMA5,3002,959,0003133
IRAM000133
ProCredit000133
Tchuma000133
SOCREMO-N/A161
Please note that the information you are viewing is 132 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Opportunity International Savings & Loans Ltd. No. D765/3 Kwame Nkrumah AvenueAccra, Greater AccraPO Box JT 323
Data approved: 2013-03-12
Data version: 2
Age of data: 132 months
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Product

Adehye Loan Product 8 of 10 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 11,558,085
Portfolio (USD)USD 5,867,048.22
Active Clients with Loans8,946
Approximate % Female Clients60% - 80%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Adehye Loan is designed to reward good group clients with a reduced interest rate.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherMust be a good group loan client.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution6
# Regions for this product6
Regions ActiveGreater Accra Region, Central Region, Western Region, Eastern Region, Ashanti Region, Brong Ahafo Region

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 280
Maximum loan size8,000
Distribution at Disbursement (Est.)
Loans less than GHS 1,00020%
GHS 1,000-5,00020%
GHS 5,000-7,50020%
GHS 7,500-10,00040%
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term8.0 months
Approx average5.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less20%
Between 4 and 6 months50%
Between 7 and 9 months30%
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
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 interest38.00%
Highest quoted nominal interest38.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min3.50%
% of loan amount - max3.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing 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 variation1% of total loan amount, divided and charged equally throughout loan term.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited15.00% - 20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid3.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
Compulsory deposit rule - If Group Adehye loan, 15%. If Individual Adehye loan, 20%. Interest paid on depsoit rule - If amount deposited is less than 1,000 GHS, 0% interest. If amount depsoited is 1,000 GHS or more, 3% interest.

Full Pricing Data

Adehye Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountGHS 400GHS 600GHS 1,500GHS 2,700GHS 5,800
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2012-11-302013-01-172013-01-072012-12-202013-01-22
Loan Term (Months)6.0 months6.0 months6.0 months8.0 months6.0 months
Grace Period (Months)0.4 months0.4 months0.5 months0.4 months0.6 months
Total Cost of CreditGHS 97.56GHS 144.96GHS 366.30GHS 803.78GHS 1,401.72
True Price by Comp         
Interest price component65.0%65.0%56.1%57.4%61.7%
Fee Component16.6%15.6%12.0%9.7%12.8%
Insurance Component3.2%3.2%2.7%2.1%2.9%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component39.3%38.8%27.5%27.4%22.9%
Full APR (int fee ins tax dep)124.1%122.6%98.3%96.6%100.3%
Transparency Index3131393938
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Adehye Loan Price Graphs


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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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