Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.opportunityghana.com/ |
Year established | 2004 |
Head of Institution | Kwame Owusu-Boateng |
Regions active | Greater Accra Region, Central Region, Western Region, Eastern Region, Ashanti Region, Brong Ahafo Region |
# Branches | 29 |
Total Portfolio (nat'l) | GHS 56,590,868 |
Total Portfolio (USD) | USD 28,726,328.93 |
Active clients with loans | 62,525 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Opportunity International USA |
Funders | Opportunity Microfinance Investment Ltd, Opportunity Transformation Investment, Sinapi Aba Trust, Oikocredit |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | GHS 130 - 10,000 | 6 - 9 | 60% - 80% | 0% - 20% | Business, Farming | Women, Men, Specific age group, Farmers | Credit Educ, Credit Ins | |||||||
Church Loan | GHS 5,000 - 100,000 | 3 - 37 | 0% | 60% - 80% | Financing church building | Women, Men, Fully registered functioning church | Credit Educ | |||||||
Salary Loan | GHS 270 - 15,000 | 6 - 24 | 20% - 40% | 100% | Any Purpose | Women, Men, Have business, Salaried worker | Credit Educ, Credit Ins | |||||||
Group Loan | GHS 100 - 8,000 | 3 - 12 | 60% - 80% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Individual Loan | GHS 200 - 12,000 | 2 - 24 | 40% - 60% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Credit Ins | |||||||
ISME / Edufinance | GHS 10,000 - 100,000 | 10 - 37 | 0% - 20% | 80% - 100% | Business, Education | Women, Men, Have business, Fully registered and licensed school | Tech Asst Visits, Business Training | |||||||
Susu Loan | GHS 100 - 10,000 | 3 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men | Credit Educ, Credit Ins, Tech Asst Visits, Business Training | |||||||
Adehye Loan | GHS 280 - 8,000 | 3 - 8 | 60% - 80% | 40% - 60% | Business | Women, Men, Have business, Must be a good group loan client. | Credit Educ, Group Mtgs | |||||||
Eduloan | GHS 500 - 3,000 | 24 | 60% - 80% | 80% - 100% | Education | Women, Men | Credit Educ |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agriculture Loan | 36.0% annual, Flat | 2 Fees | 1 Ins | None | 10.0% upfront | 40.8% - 65.4% | 47% - 78.8% | 61 | ||||||||
Church Loan | 39.0% annual, Decl Bal | 2 Fees | 1 Ins | None | 15.0% upfront | 42.1% - 45.3% | 55.6% - 61.3% | 66 | ||||||||
Salary Loan | 24.0% annual, Flat | 2 Fees | 1 Ins | None | N/A | 43.4% - 48.5% | 44.6% - 50.6% | 51 | ||||||||
Group Loan | 41.0% annual, Flat | 2 Fees | 1 Ins | None | 15.0% upfront | 77.5% - 90.7% | 103% - 123.9% | 36 | ||||||||
Individual Loan | 42.0% annual, Flat | 2 Fees | 1 Ins | None | 10.0% upfront | 67.6% - 79% | 78.4% - 95.7% | 47 | ||||||||
ISME / Edufinance | 39.0% annual, Decl Bal | 2 Fees | 1 Ins | None | 43% - 46.3% | 44.4% - 48% | 84 | |||||||||
Susu Loan | 39.0% annual, Flat | 2 Fees | 1 Ins | None | N/A | 68.4% - 74.6% | 69.8% - 77.3% | 53 | ||||||||
Adehye Loan | 38.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0%-20.0% upfront | 67.1% - 81.6% | 96.6% - 124.1% | 35 | ||||||||
Eduloan | 24.0%-37.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 41.6% - 74.1% | 42.5% - 78% | 37 |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
AGFS | 200 | 47,000 | 2 | 150 |
Ahantaman RB | 23,800 | 9,896,000 | 4 | 132 |
APED | 13,700 | 1,876,000 | 2 | 132 |
ASA Initiative | 4,400 | 577,000 | 4 | 132 |
ASA-Ghana | 71,600 | 18,385,000 | 2 | 132 |
ASPI | 800 | 88,000 | 6 | 132 |
Atwima Kwanwoma | 3,800 | 1,788,000 | 2 | 132 |
Baobab | 5,100 | 967,000 | 2 | 132 |
BestFUND | 13,000 | 4,172,000 | 3 | 132 |
Bonzali Rural | 10,400 | 1,691,000 | 4 | 150 |
CashPhase | 83 | 135,000 | 2 | 132 |
CASUD | 1,100 | 524,000 | 1 | 132 |
CEDEF | 500 | 54,000 | 4 | 132 |
CFF | 100 | 13,000 | 1 | 132 |
CRAN | 3,600 | 1,019,000 | 2 | 132 |
DQF | 1,700 | 63,000 | 2 | 132 |
EASL | 9,200 | 11,409,000 | 6 | 132 |
East Mamprusi | 12,500 | 2,268,000 | 4 | 132 |
ELDA | 0 | 0 | 0 | 132 |
EMPRETEC Ghana | 200 | 56,000 | 2 | 132 |
FASL | 13,500 | 14,047,000 | 8 | 132 |
Grameen Ghana | 9,500 | 507,000 | 3 | 132 |
ID-Ghana | 5,600 | 953,000 | 3 | 132 |
Innovative Finance | 2,700 | 354,000 | 3 | 132 |
Kraban Support | 7,700 | 781,000 | 5 | 150 |
KRB | 4,000 | 6,350,000 | 3 | 132 |
Lower Pra RB | 34,000 | 6,316,000 | 3 | 150 |
Maata-N-Tudu | 12,000 | 941,000 | 4 | 132 |
Mail Finance | 300 | 288,000 | 1 | 132 |
Markaz | 0 | 0 | 0 | 132 |
Markaz Al Bishara | 100 | 17,000 | 1 | 132 |
MicrofinPlus Gh | 1,100 | 251,000 | 2 | 132 |
Nwabiagya RB | 4,000 | 2,265,000 | 3 | 132 |
OISL | 62,000 | 27,232,000 | 9 | 132 |
Pro Credit | 0 | 0 | 0 | 132 |
Rich Step | 100 | 101,000 | 1 | 132 |
SAT | 147,600 | 29,359,000 | 4 | 132 |
Sekam Trust | 600 | 137,000 | 2 | 132 |
Simli Pong | 8,900 | 463,000 | 3 | 150 |
SS Ghana | 200 | 35,000 | 1 | 132 |
TCCU | 100 | 32,000 | 3 | 132 |
The Bridge | 400 | 32,000 | 3 | 150 |
Union RB | 3,800 | 2,361,000 | 4 | 132 |
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