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Institution

Specialised Financial and Promotional Institution Bole Sub CityAddis AbabaPO Box 10689
Data approved: 2011-12-23
Data version: 1
Age of data: 120 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established1997
Head of InstitutionMr Solomon W.Giorgis
Regions active
# Branches10

Total Portfolio (nat'l)ETB 50,807,161
Total Portfolio (USD)USD 2,761,258.75
Active clients with loans33,342
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsAEMFI
FundersTerrafina Microfinance, SOS Faim, CIDR, UNCDF

Loan Products » Summary

32,000 Borrowers
USD 2,608,695.65 Portfolio
Active Product
1,500 Borrowers
USD 130,434.78 Portfolio
Active Product
100 Borrowers
USD 10,869.57 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan ETB 100 - 30,000 12 - 30 40% - 60% 40% - 60% Any Purpose Women, Men Credit Educ, Group Mtgs
Individual Loan ETB 10,000 - 120,000 12 - 30 40% - 60% 80% - 100% Any Purpose Women, Men Credit Educ, Business Training
Youth Loan Product ETB 5,000 - 30,000 12 - 24 20% - 40% 80% - 100% Business Women, Men, Specific age group Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 16.0%-24.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 28.3% - 30.2% 30.6% - 35.2% 47
Individual Loan 16.0%-20.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 29.4% - 30.9% 34.4% - 36% 45
Youth Loan Product 14.0% annual, Flat 0 Fees 0 Ins None 5.0% upfront 25.8% - 25.9% 27.8% - 27.9% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,0002120
Ahantaman RB23,8009,896,0004102
APED13,7001,876,0002102
ASA Initiative4,400577,0004102
ASA-Ghana71,60018,385,0002102
ASPI80088,0006102
Atwima Kwanwoma3,8001,788,0002102
Baobab5,100967,0002102
BestFUND13,0004,172,0003102
Bonzali Rural10,4001,691,0004120
CashPhase83135,0002102
CASUD1,100524,0001102
CEDEF50054,0004102
CFF10013,0001102
CRAN3,6001,019,0002102
DQF1,70063,0002102
EASL9,20011,409,0006102
East Mamprusi12,5002,268,0004102
ELDA000102
EMPRETEC Ghana20056,0002102
FASL13,50014,047,0008102
Grameen Ghana9,500507,0003102
ID-Ghana5,600953,0003102
Innovative Finance2,700354,0003102
Kraban Support7,700781,0005120
KRB4,0006,350,0003102
Lower Pra RB34,0006,316,0003120
Maata-N-Tudu12,000941,0004102
Mail Finance300288,0001102
Markaz000102
Markaz Al Bishara10017,0001102
MicrofinPlus Gh1,100251,0002102
Nwabiagya RB4,0002,265,0003102
OISL62,00027,232,0009102
Pro Credit000102
Rich Step100101,0001102
SAT147,60029,359,0004102
Sekam Trust600137,0002102
Simli Pong8,900463,0003120
SS Ghana20035,0001102
TCCU10032,0003102
The Bridge40032,0003120
Union RB3,8002,361,0004102
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
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