Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011165
ANED5,4006,579,0003124
Banco FIE231,100569,322,0006124
BancoSol215,300861,418,00030124
CIDRE8,500126,578,0008124
Coop Fatima6,30044,280,0007165
CRECER166,900134,626,00013124
Diaconia67,00085,734,0002124
Ecofuturo59,200226,839,0005124
EMPRENDER8,7002,380,0003165
Fassil FFP57,600325,081,0005124
FONCRESOL3,9009,573,0003124
FONDECO14,20024,274,0003124
Fortaleza20,100164,530,00013124
FUBODE29,40024,444,0007124
FUNBODEM8,60015,798,0009124
IDEPRO10,40040,479,0002124
IMPRO2,4002,885,0004124
ProCredit84,300257,487,0008165
PRODEM44,90062,529,0004124
ProMujer BOL115,20050,753,0003124
Sartawi14,60026,842,0008124
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Institution

Innovative Finance The Ghana Tours Building, C122/2 Farrar AvenueAdabrakaAccra, Greater AccraP. BOX CT153
Data approved: 2011-12-07
Data version: 1
Age of data: -   months 

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?Yes
Website addresshttp://www.myinnovativefinance.com/
Year established1999
Head of InstitutionSheila Azuntaba
Regions active0
# Branches2

Total Portfolio (nat'l)GHS 576,895
Total Portfolio (USD)USD 384,596.67
Active clients with loans356
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsGHANA COOPERATIVE OF SUSU COLLECTORS ASSOCIATION, GHANA MICROFINANCE NETWORK
Funders

Loan Products » Summary

4 Borrowers
USD 7,237 Portfolio
Active Product
3 Borrowers
USD 4,000 Portfolio
Active Product
165 Borrowers
USD 104,171 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Innovative Auto Loan 0 0 0% - 20% 80% - 100%
Innovative Micro-Leasing 0 0 60% - 80% 60% - 80%
Susu Loan GHS 200 - 1,500 3 - 8 60% - 80% 60% - 80%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Innovative Auto Loan 0.00% annual, 0 0 Fees 0 Ins 119.5% - 143.2% 205.7% - 261%
Innovative Micro-Leasing 0.00% annual, 0 0 Fees 0 Ins 109.1% - 145.4% 202% - 264.9%
Susu Loan 60.00%-0.00% annual, Flat 2 Fees 1 Ins 138.9% - 157.7% 256.4% - 287.6% 21
Institution Price Graph
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