Success For People
Its a pre- harvest loan through direct supply of input in terms of seed, fertilizers and other agriculture inputs to smallholder farmers
Product Overview & Scale
- Fsp NameSuccess For People
- Fsp ID178288
- As of Date2/18/19
- CurrencyUSD
- Product NameInput Financing
- CountryGhana
- Total Clients Bracket<50,000
- Product Clients Bracket10,000- 50,000
- Number of Product Clients26,000
- Percent of Total Clients that are Product Clients45%
- Average Loan Size Per Client150
- Average Loan Size Per Client150
Financial Structure & Pricing
- loan or product structure is flexibleTRUE
- loan or product structure is flexible if yes describeIt is gender focused, but the demographic changes as per location is allowed
- repayment structure is flexibleTRUE
- repayment structure is flexible if yes describeRepayment can be done after harvest
- loan or product term covers growing seasonTRUE
- grace period offeredFALSE
- group or individual loanBoth
- apr24%
- average loan processing time days14
- if flat rate whyRate is relatively low already
- is apr or other transparent pricing communicated to clientsTRUE
- is apr or other transparent pricing communicated to clients if yes describeAll other incidental charges are made known before disbursement
- type of primary insurance productNone
- average deposit size100
- average transaction size120
- total transactions amount350,000
- type of transactional productBill/pay services
- annualized repayment rate of the product90- 95%
Value Chain Support
- inputs assets services are readily availableTRUE
- inputs assets services are available at time demanded by clientTRUE
- inputs assets services available within reasonable distance of clientTRUE
- inputs assets services are of good qualityTRUE
- type of inputs offeredUsable
- informal management services providedFALSE
- formal programs in place for post harvest managementTRUE
- formal programs in place for post harvest management if yes describeWe engages with services of certified agronomist and other national agencies to train smallholder farmers
- if yes to above do over 50 of clients use service programTRUE
- do over 50 of clients use service program if yes describeIt is mandatory for all beneficiaries to undergo training
- informal linkages exist between clients and buyers producersFALSE
- formal linkages exist between clients and buyers producersTRUE
- formal linkages exist between clients and buyers producers if yes describeGCX platform
- guaranteed market opportunities exist for clientsTRUE
- guaranteed market opportunities exist for clients if yes describeCommodities are traded on national platform
- if yes to above do over 50 of clients use the service programFALSE
Training
- agricultural training available to clientsTRUE
- agricultural training available to clients if yes describeIFC, GCX, GGC, AGRA are the main partners
- agricultural training available to clients using formal curriculumFALSE
- multiple agricultural trainings delivered during product cycleTRUE
- multiple agricultural trainings delivered during product cycle if yes describePre-harvest and post-harvest handling techniques
- organization does quality checks on trainingsFALSE
- financial literacy training takes places yes noTRUE
- classroom theoretical training offered by administering partyFALSE
- training engages clients in participatory learning with additional materialsTRUE
- training is offered in a convenient location for clientsTRUE
- training is offered in a convenient location for clients if yes describeLocation is within smallholder farmers' proximity
Measuring Impact
- regular measurement of farmer yields takes placeTRUE
- regular measurement of farmer yields takes place if yes describeYield history is gathered and compared with national average
- formal measurement with strong control groupFALSE
- rct or other academic quality work done to verify resultsFALSE
- measurement of change to profit income or poverty reduction takes placeFALSE
- using methodical process over time to measure changeFALSE