Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1997 |
Head of Institution | Mr James Acquaye |
Regions active | 0 |
# Branches | 0 |
Total Portfolio (nat'l) | GHS 2,100,364 |
Total Portfolio (USD) | USD 1,400,242.67 |
Active clients with loans | 2,394 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | UNDP, TRIAS GHANA, SPEED GHANA, OXFARM |
Funders | TRAIS, UNDP, SPEED, NORTHFIN |
Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1989 |
Head of Institution | Romulo R. Ocubillo |
Regions active | |
# Branches | 3 |
Total Portfolio (nat'l) | PhP 62,000,000 |
Total Portfolio (USD) | USD 1,483,253.59 |
Active clients with loans | 5,200 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 0% - 20% |
Network affiliations | NATCCO, VICTO NATIONAL |
Funders | UCPB-CIIF, SEEDFinance, Landbank, SBC |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | GHS 500 - 2,000 | 6 - 12 | 20% - 40% | 0% - 20% | ||||||||||
Credit With Education (CWE) Loan | GHS 500 - 4,000 | 12 - 24 | 60% - 80% | 0% - 20% | ||||||||||
Farming Loan | GHS 200 - 2,000 | 12 - 18 | 20% - 40% | 0% - 20% | ||||||||||
Salary Loan | GHS 500 - 10,000 | 12 - 36 | 40% - 60% | 0% - 20% |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUMMED (Scaling Up Micro-Finance Management and Entrepreneurial Development) | PHP 1,000 - 150,000 | 1 - 12 | 60% - 80% | 0% - 20% | Business | Women, Men | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 36.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 62.8% - 63.4% | 98.5% - 106.1% | 35 | ||||||||||
Credit With Education (CWE) Loan | 20.00%-0.00% annual, Flat | 0 Fees | 0 Ins | 74.2% - 76.6% | 95.6% - 106.3% | 20 | ||||||||||
Farming Loan | 30.00%-0.00% annual, Flat | 0 Fees | 0 Ins | 61.1% | 107.2% | 27 | ||||||||||
Salary Loan | 30.00%-0.00% annual, Decl Bal | 2 Fees | 0 Ins | N/A | 29.2% - 63.9% | 29.2% - 63.9% | 73 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUMMED (Scaling Up Micro-Finance Management and Entrepreneurial Development) | 36.0%-48.0% annual, Flat | 2 Fees | 1 Ins | None | 4.00% ongoing | 82.3% - 100.9% | 88.4% - 121.4% | 35 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 36.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 62.8% - 63.4% | 98.5% - 106.1% | 35 | ||||||||||
Credit With Education (CWE) Loan | 20.00%-0.00% annual, Flat | 0 Fees | 0 Ins Ins | 74.2% - 76.6% | 95.6% - 106.3% | 20 | ||||||||||
Farming Loan | 30.00%-0.00% annual, Flat | 0 Fees | 0 Ins Ins | 61.1% | 107.2% | 27 | ||||||||||
Salary Loan | 30.00%-0.00% annual, Decl Bal | 2 Fees | 0 Ins Ins | N/A | 29.2% - 63.9% | 29.2% - 63.9% | 73 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
SUMMED (Scaling Up Micro-Finance Management and Entrepreneurial Development) | 36.0%-48.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 4.00% ongoing | 82.3% - 100.9% | 88.4% - 121.4% | 35 |
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