| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.accessbank.co.tz/ |
| Year established | 2007 |
| Head of Institution | Roland Coulon |
| Regions active | Dar es Salaam, Mwanza, Shinyanga, Tabora |
| # Branches | 10 |
| Total Portfolio (nat'l) | TZS 59,431,169,032 |
| Total Portfolio (USD) | USD 37,378,093.73 |
| Active clients with loans | 25,446 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | AccessBank Group |
| Funders | Access Microfinance Holding AG ( AccessHolding), IFC, KfW, AfDB |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.myinnovativefinance.com/ |
| Year established | 1999 |
| Head of Institution | Sheila Azuntaba |
| Regions active | Greater Accra Region, Northern Region |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 698,000 |
| Total Portfolio (USD) | USD 354,314.72 |
| Active clients with loans | 2,756 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Ghana Cooperative of Susu Collectors Association, ASSFIN |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | TZS 100,000 - 25,000,000 | 3 - 24 | 20% - 40% | 80% - 100% | Business | Women, Men, Have business, operating business atleast for six months | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
| Agroloan | TZS 100,000 - 25,000,000 | 3 - 18 | 0% - 20% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Tech Asst Visits |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Small Enterprise Loan | GHS 2,000 - 10,000 | 6 - 18 | 60% - 80% | 80% - 100% | Business, Consumer, Education | Women, Men, Have business, Salaried worker, Must be Innovative Finance client for at least a year | Credit Educ, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Susu Loan | GHS 200 - 1,500 | 3 - 8 | 60% - 80% | 60% - 80% | Business, Education, Other | Women, Men, Have business, Specific age group, Must contribute daily savings prior to receiving loan. Must have guarantor., Must have been working for the past 2-3 years | Credit Educ, Tech Asst Visits, Business Training, Other Training | |||||||
| Group Loan | GHS 300 - 800 | 4 - 5 | 100% | 20% - 40% | Business | Women | Credit Educ, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 42.0%-66.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 52.9% - 64.3% | 52.9% - 64.3% | 72 | ||||||||
| Agroloan | 42.0%-54.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 54% - 56.4% | 54% - 56.4% | 74 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Small Enterprise Loan | 60.00%-84.00% annual, Flat | 1 Fee | 1 Ins | None | 30.00% upfront | 105.8% - 121.6% | 194% - 216.6% | 29 | ||||||||
| Susu Loan | 60.00%-84.00% annual, Flat | 2 Fees | 1 Ins | None | 30.00% upfront | 99.5% - 131.9% | 166.9% - 235.4% | 28 | ||||||||
| Group Loan | 42.00%-60.00% annual, Flat | 2 Fees | 0 Ins | None | 10.00%-15.00% upfront | 118.2% - 119.5% | 143.7% - 154.4% | 28 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 42.0%-66.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | 52.9% - 64.3% | 52.9% - 64.3% | 72 | ||||||||
| Agroloan | 42.0%-54.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 54% - 56.4% | 54% - 56.4% | 74 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Individual Small Enterprise Loan | 60.00%-84.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 30.00% upfront | 105.8% - 121.6% | 194% - 216.6% | 29 | ||||||||
| Susu Loan | 60.00%-84.00% annual, Flat | 2 Fees | 1 Ins Ins | None | 30.00% upfront | 99.5% - 131.9% | 166.9% - 235.4% | 28 | ||||||||
| Group Loan | 42.00%-60.00% annual, Flat | 2 Fees | 0 Ins Ins | None | 10.00%-15.00% upfront | 118.2% - 119.5% | 143.7% - 154.4% | 28 |
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