| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1998 |
| Head of Institution | Romedan Mohammed |
| Regions active | |
| # Branches | 170 |
| Total Portfolio (nat'l) | ETB 585,102,740 |
| Total Portfolio (USD) | USD 31,799,061.96 |
| Active clients with loans | 327,888 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | AEMFI |
| Funders | Regional Government, Wondo Company, Association of Southern Peoples |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rural Agriculture Loan | ETB 2,000 - 50,000 | 12 - 36 | 20% - 40% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Rural Petty Trade Loan | ETB 2,000 - 50,000 | 12 - 36 | 20% - 40% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Small Investment Loan | ETB 2,000 - 20,000 | 12 - 36 | 0% - 20% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
| Urban Loan | ETB 2,000 - 50,000 | 12 - 36 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Rural Agriculture Loan | 18.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 5.0%-10.0% upfront 6.00 ongoing | 20.2% - 28.7% | 25% - 35.7% | 64 | ||||||||
| Rural Petty Trade Loan | 15.0% annual, Flat | 1 Fee | 1 Ins | None | 5.0%-10.0% upfront 6.00 ongoing | 11.3% - 22.5% | 14.8% - 29% | 65 | ||||||||
| Small Investment Loan | 15.0% annual, Flat | 1 Fee | 1 Ins | None | 5.0%-10.0% upfront 6.00 ongoing | 11.7% | 14.8% - 15.8% | 99 | ||||||||
| Urban Loan | 10.0% annual, Decl Bal | 1 Fee | 1 Ins | None | 5.0%-10.0% upfront 20.00 ongoing | 11.7% - 11.8% | 17.1% - 17.7% | 57 |
| Key Statistics | |
|---|---|
| # Samples: | |
| # Products | |
| # Institutions | |
| # Countries | |
| # Borrowers | |
| Loan Portfolio (USD) | |
| % Products using declining balance | |
| % Products with one or more fee | |
| % Products with one or more insurances | |
| % Products with compulsory deposits |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
