Outstanding portfolio (KES) | KES 16,969,279 |
Portfolio (USD) | USD 204,942.98 |
Active Clients with Loans | 688 |
Approximate % Female Clients | N/A |
Approximate % Urban Clients | N/A |
Any purpose | |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | N/A |
Regions Active |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2000 |
Head of Institution | Merga Bekele |
Regions active | |
# Branches | 12 |
Total Portfolio (nat'l) | ETB 44,028,216 |
Total Portfolio (USD) | USD 2,392,837.83 |
Active clients with loans | 24,199 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 0% - 20% |
Network affiliations | AEMFI, MAIN |
Funders | RUFIP, Oxfam Novib |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | ETB 500 - 7,500 | 6 - 18 | 40% - 60% | 80% - 100% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins | |||||||
Employee Loan | ETB 500 - 10,000 | 6 - 18 | 20% - 40% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Ins | |||||||
Rural Agricultural Loan | ETB 500 - 7,500 | 6 - 12 | 20% - 40% | 0% - 20% | Business, Agriculture | 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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 18.0% annual, Flat | 0 Fees | 1 Ins | None | 5.0% upfront 10.00 ongoing | 31.2% - 32.3% | 35.8% - 37.7% | 49 | ||||||||
Employee Loan | 15.0% annual, Flat | 0 Fees | 1 Ins | None | N/A | 26.4% - 27.5% | 28.4% - 29.9% | 51 | ||||||||
Rural Agricultural Loan | 24.0% annual, Flat | 0 Fees | 1 Ins | None | 5.0% upfront 10.00 ongoing | 24.1% | 26.6% - 26.8% | 89 |
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Loan Portfolio (USD) | |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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