2. CUMO
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Institution

CUMO Microfinance Ltd Plot 214-215 AirfieldDedza, N/AP.O.Box 222
Data approved: 2011-01-06
Data version: 1
Age of data: -   months 
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Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?N/A
Website addresshttp://www.concernuniversal.org/
Year established2000
Head of InstitutionEzikiel Phiri
Regions active0
# Branches2

Total Portfolio (nat'l)MWK 185,000,000
Total Portfolio (USD)USD 1,233,333.33
Active clients with loans40,000
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsMAMN, The MIX Market
FundersConcern Universal, USAID, FIMA, Irish Aid

Loan Products » Summary

Fumba (Agricultural Loan)
6,763 Borrowers
USD 187 Portfolio
Active Product
Masika (Village Enterprise Loan)
32,525 Borrowers
USD 1,195,333 Portfolio
Active Product
Mtenthandevu (Small Holder Tea Growers)
786 Borrowers
USD 43,333 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Fumba (Agricultural Loan) MWK 5,000 - 40,000 6 80% - 100% 0% - 20%
Masika (Village Enterprise Loan) MWK 1,000 - 90,000 4 - 6 80% - 100% 0% - 20%
Mtenthandevu (Small Holder Tea Growers) MWK 5,000 - 100,000 4 - 6 40% - 60% 0% - 20%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Fumba (Agricultural Loan) 60.00% annual, Flat 1 Fee 0 Ins N/A 70.8% 76%
Masika (Village Enterprise Loan) 48.00%-72.00% annual, Flat 2 Fees 0 Ins 90.4% - 92.6% 107.2% - 109.9%
Mtenthandevu (Small Holder Tea Growers) 48.00% annual, Flat 1 Fee 0 Ins 48.4% - 48.7% 54.7% - 57.3%
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.OtherInstitution TypeBusinessLoan PurposeCUMOInstitutionMW-001-V01-P01MW-001-V01-P02MW-001-V01-P03ProductMWCountry2011YearRange Number1Institution Data Version0100,000200,000300,000400,000500,000600,000Loan Size (all)0%50%100%Full APR (int fee ins tax dep)> 16,00012,0008,1004,000400Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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Institution # Borrowers Portfolio (US$) Products Age of Data
ACSI682,200103,172,0005162
ADCSI176,10030,846,0002163
BG47,0004,048,0004162
DECSI361,00096,304,0007162
Dire4,900828,0004162
DMCPSC1,20069,0001162
Eshet18,8002,392,0003162
Harbu22,4001,757,0002162
Meklit12,2001,395,0004162
Metemamen10,500650,0006162
OCSSCO502,70069,565,0003162
OMO323,60031,385,0004162
PEACE17,2002,462,0003162
SFPI33,6002,750,0003162
Sidama53,4001,162,0006162
Wasasa49,3005,798,0004162
Wisdom MFI45,3005,500,0006159
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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