Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,0001659
KF233,60041,416,000458
NRSP399,90070,157,000359
ASA230,40029,637,000359
TMFB221,20085,449,000759
FMFB163,54438,481,323978
TRDP100,00013,817,000359
PRSP75,6569,907,176378
BRAC^P57,30011,869,000359
SRSO51,1007,775,000359
SSF46,0004,776,000359
FINCA82,00043,559,000959
JWS36,0006,545,000259
RCDS35,5524,856,122478
DAMEN35,1857,150,864178
FFO22,4003,335,000359
OLP21,4003,510,000359
CSC17,6003,147,000159
AMRDO13,8001,206,000559
WMBL13,8006,105,000359
Mojaz13,4002,415,000259
SDF11,5001,041,000459
POMFB8,5002,795,000459
OPD7,500918,000259
AGAHE7,300797,000259
NRDP6,1841,521,972378
GBTI6,100669,000378
WASIL4,3001,135,000259
Micro Options4,000768,000559
VDO3,900489,000378
SVDP3,900811,0001378
SRDO3,500766,000459
OSDI2,000923,000359
APMBL1,8001,401,000359
BEDF1,400209,000378
KCDO80094,000178
Please note that the information you are viewing is 85 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Rich Step Investment Head OfficeTemaKpone, Greater AccraP.O. Box SC116
Data approved: 2013-03-14
Data version: 2
Age of data: 85 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.richstepinvestment.com
Year established2007
Head of InstitutionStephen Dzovor
Regions activeGreater Accra Region
# Branches9

Total Portfolio (nat'l)GHS 200,000
Total Portfolio (USD)USD 101,522.84
Active clients with loans150
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliationsGHAMFIN, GCSCA
Funders

Loan Products » Summary

150 Borrowers
USD 101,522.84 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Petty Traders Loan GHS 50 - 1,000 1 - 5 40% - 60% 80% - 100% Business Women, Men, Have business, Have home or land, Specific age group Group Mtgs, Credit Ins, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Petty Traders Loan 60.00%-120.00% annual, Flat 2 Fees 0 None 25.00% upfront 147.3% - 245.4% 259.4% - 420.1% 16
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