Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.financetrust.co.ug/ |
Year established | 1984 |
Head of Institution | Anne Nakawunde Mulindwa |
Regions active | Central, Eastern, Northern, Western |
# Branches | 30 |
Total Portfolio (nat'l) | UGX 43,801,060,749 |
Total Portfolio (USD) | USD 17,520,424.30 |
Active clients with loans | 22,555 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | World Savings Bank Initiative, WWB, AMFIU, African Rural & Agricultural Credit Association |
Funders | Investisseur et Partnaire el la Developpment, Oikocredit, Uganda Womens Trust, Founder Members |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan - Group | UGX 100,000 - 4,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Business | Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Business Loan - Individual | UGX 500,000 - 70,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business, Specific age group, Age 18 and above,, Must have a savings account at Finance Trust | Credit Educ, Credit Ins | |||||||
Personal Development Loan | UGX 500,000 - 70,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Specific age group, Age 18 and above. Regular source of income,, Collateral must be titled land / comprehensively insured motor vehicle | Credit Educ, Credit Ins | |||||||
Salary Loan | UGX 100,000 - 10,000,000 | 3 - 24 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Salaried worker, Specific age group, Age 18 and above, Must open a savings salary account at Finance Trust | Credit Educ, Credit Ins | |||||||
School Fees Loan | UGX 100,000 - 70,000,000 | 3 - 6 | 60% - 80% | 20% - 40% | Education | Women, Men, Have business, Salaried worker, Must have a clear identifiable & regular source of income | Credit Educ, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan - Group | 30.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 64.7% - 84.9% | 81.8% - 128.1% | 29 | ||||||||
Business Loan - Individual | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 56.3% - 65.9% | 68.6% - 81.8% | 33 | ||||||||
Personal Development Loan | 25.00%-30.00% annual, Flat | 3 Fees | 1 Ins | None | N/A | 51.8% - 61.4% | 53.9% - 63.6% | 41 | ||||||||
Salary Loan | 27.00% annual, Flat | 3 Fees | 1 Ins | None | N/A | 50.8% - 73.6% | 52.5% - 77.4% | 45 | ||||||||
School Fees Loan | 36.00% annual, Flat | 3 Fees | 1 Ins | None | 10.00% upfront | 67% - 87.6% | 82.6% - 109.3% | 38 |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
AGFS | 200 | 47,000 | 2 | 149 |
Ahantaman RB | 23,800 | 9,896,000 | 4 | 131 |
APED | 13,700 | 1,876,000 | 2 | 131 |
ASA Initiative | 4,400 | 577,000 | 4 | 131 |
ASA-Ghana | 71,600 | 18,385,000 | 2 | 131 |
ASPI | 800 | 88,000 | 6 | 131 |
Atwima Kwanwoma | 3,800 | 1,788,000 | 2 | 131 |
Baobab | 5,100 | 967,000 | 2 | 131 |
BestFUND | 13,000 | 4,172,000 | 3 | 131 |
Bonzali Rural | 10,400 | 1,691,000 | 4 | 149 |
CashPhase | 83 | 135,000 | 2 | 131 |
CASUD | 1,100 | 524,000 | 1 | 131 |
CEDEF | 500 | 54,000 | 4 | 131 |
CFF | 100 | 13,000 | 1 | 131 |
CRAN | 3,600 | 1,019,000 | 2 | 131 |
DQF | 1,700 | 63,000 | 2 | 131 |
EASL | 9,200 | 11,409,000 | 6 | 131 |
East Mamprusi | 12,500 | 2,268,000 | 4 | 131 |
ELDA | 0 | 0 | 0 | 131 |
EMPRETEC Ghana | 200 | 56,000 | 2 | 131 |
FASL | 13,500 | 14,047,000 | 8 | 131 |
Grameen Ghana | 9,500 | 507,000 | 3 | 131 |
ID-Ghana | 5,600 | 953,000 | 3 | 131 |
Innovative Finance | 2,700 | 354,000 | 3 | 131 |
Kraban Support | 7,700 | 781,000 | 5 | 149 |
KRB | 4,000 | 6,350,000 | 3 | 131 |
Lower Pra RB | 34,000 | 6,316,000 | 3 | 149 |
Maata-N-Tudu | 12,000 | 941,000 | 4 | 131 |
Mail Finance | 300 | 288,000 | 1 | 131 |
Markaz | 0 | 0 | 0 | 131 |
Markaz Al Bishara | 100 | 17,000 | 1 | 131 |
MicrofinPlus Gh | 1,100 | 251,000 | 2 | 131 |
Nwabiagya RB | 4,000 | 2,265,000 | 3 | 131 |
OISL | 62,000 | 27,232,000 | 9 | 131 |
Pro Credit | 0 | 0 | 0 | 131 |
Rich Step | 100 | 101,000 | 1 | 131 |
SAT | 147,600 | 29,359,000 | 4 | 131 |
Sekam Trust | 600 | 137,000 | 2 | 131 |
Simli Pong | 8,900 | 463,000 | 3 | 149 |
SS Ghana | 200 | 35,000 | 1 | 131 |
TCCU | 100 | 32,000 | 3 | 131 |
The Bridge | 400 | 32,000 | 3 | 149 |
Union RB | 3,800 | 2,361,000 | 4 | 131 |
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