Teachers' Fund Mobile app analytics for November 26

This app is only for existing GNAT members and digitizes existing processes. It aims to help contributors' view their contributions, apply for loans and update personal details. Current GNAT members can easily register on the app, where they can initiate the process of obtaining a Fund ID. Once registered, members gain access to various functionalities, including contributing funds and applying for loans. Furthermore, the app enables members to conveniently update their personal information such as bank details, beneficiary information, and contact details. Additionally, members can effortlessly view their contribution statements, loan statements, as well as check their current contribution and loan balances through the app. This user-friendly platform ensures that members have comprehensive control over their financial activities within the GNAT community. For loans, see the loan terms when applying for a loan, at the district offices or on the website. A summary of the terms is as following - Maximum Annual Percentage Rate (APR) for all loan products is 16%. - Repayment period is between 180 to 1,440 days depending on the loan product. - Example: A personal loan of GHC 15,000 for 365 days has monthly repayment amount of GHC 1,442.62