Institution # Borrowers Portfolio (US$) Products Age of Data
AB Bank300307,0002107
AMZ4,900651,0002107
CETZAM6,7002,210,0004107
Eclof Zambia200111,0004107
Empowerment1,500447,0005107
FINCA Zambia43,70016,420,000465
Harmos9,8001,398,0003107
Kungoma4318,0002107
MBT13,9001,563,0005107
Meanwood2,0001,766,0005107
PFSL1,3003,506,0003107
Zambia CRC301,0001107
Please note that the information you are viewing is 83 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DAASGIFT QUALITY FOUNDATION P.O.Box TD 1369. TakoradiTakoradi, Western Region233
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Product

Group lending Product 3 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 72,970
Portfolio (USD)USD 48,647
Active Clients with Loans729
Approximate % Female Clients80% - 100%
Approximate % Urban Clients40% - 60%
Methodology
Individual
Solidarity group
Village banking
Self help groupx
Other
Description
Loans granted are with other services like business development skills training,HIV/AIDS.prevention and management education,malaria prevention to enhance the repayment of the loan.These loans are granted to a group of between 5-15 membership.\r
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
OtherPetty trading
Other (2)Loan for farmers, fish mongers
Included Services
Credit educationx
Group meetingsx
Credit insurancex
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 groupx
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 50
Maximum loan size1,000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term6.0 months
Approx average4.0 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 period0.5 months
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.25%
Highest quoted nominal interest1.25%
Interest rate periodWeekly
Interest Rate Calculation MethodFlat
Subsidized by funder request?N/A
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing fees
% of loan amount - min4.00%
% of loan amount - max4.00%
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
Ins 1
DescriptionInsurance 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 Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00% - N/A
or, Fixed-amount deposited0 - N/A
Deposits DURING period payments
% loan amount deposited0 - N/A
or, Fixed-amount deposited0 - N/A
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
This loan is sometimes risky if the group is not effectively oriented or mobilization is improper done.

Full Pricing Data

Group lending samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountGHS 200GHS 500GHS 500GHS 500
Loan Cycle (1, 2, 3, etc)
Disbursement Date
Loan Term (Months)3.7 months3.7 months3.7 months3.7 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component139.1%143.6%143.6%143.6%
Insurance Component13.9%14.3%14.3%14.3%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component75.9%80.9%80.9%80.9%
Full APR (int fee ins tax dep)228.8%238.8%238.8%238.8%
Transparency Index28272727
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Group lending 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
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to