Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,288683
Comicoka827758,435483
COOJAD511823,215683
COOPEDU2,0297,549,835983
Duterimbere6,6074,365,044383
Goshen2,0763,716,0085100
Inkingi2,6482,593,3665100
RML4,9603,473,781383
UCU3,3911,603,524483
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466100
Wisigara2,177904,708383
Zamuka253124,445383
Zigama CSS53,80659,670,7532100
Please note that the information you are viewing is 79 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Grameen Ghana Tamale, behind the RCCTamale, Northern Region233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Product

Processing Loan Product 4 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 49,689
Portfolio (USD)USD 33,126
Active Clients with Loans50
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity group
Village banking
Self help group
Other
Description
This product has a long term of 7 months with 1 month grace period, interest is 30% p.a. up-front, processing fee of 2%, 100% women clients, loans are made to groups of up to 50 members. The purpose is to process primary products.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherProcessing of Primary goods
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
OtherTraining in health, nutrition, santitation, breast-feeding, malaria prevention
Other (2)
No other services
Eligibility
Men
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyGHS
Minimum loan sizeGHS 600
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term10.0 months
Approx average7.0 months
Distribution at Disbursement (Est.)
Loans 3 months or lessN/A
Between 4 and 6 monthsN/A
Between 7 and 9 monthsN/A
Between 10 and 12 monthsN/A
Between 13 and 18 monthsN/A
Longer than 18 monthsN/A
Grace Period
Grace period usage100%
Average grace period1.0 month
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 interest30.00%
Highest quoted nominal interest30.00%
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
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
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

Full Pricing Data

Processing Loan samples
Sample 1Sample 2Sample 3
Loan AmountGHS 600GHS 600GHS 1,138
Loan Cycle (1, 2, 3, etc)
Disbursement Date
Loan Term (Months)6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component49.8%49.8%49.8%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)49.8%49.8%49.8%
Transparency Index606060
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Processing Loan Price Graphs


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Key Statistics
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# 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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