| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1993 |
| Head of Institution | Patson Kuntambila |
| Regions active | Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, Salima, ChitipaKaronga, Likoma, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Chiradzulu, MachingaMangochi, Mulanje |
| # Branches | 147 |
| Total Portfolio (nat'l) | MWK 185 |
| Total Portfolio (USD) | USD 0.47 |
| Active clients with loans | 1,772 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MMFN, Micro Credit Summit |
| Funders |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2005 |
| Head of Institution | Dr. Emmanuel Shaft Boamah |
| Regions active | 0 |
| # Branches | 3 |
| Total Portfolio (nat'l) | GHS 3,942,900 |
| Total Portfolio (USD) | USD 2,628,600 |
| Active clients with loans | 10,062 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | GHAMFIN, ASSFIN, AMT |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capacity Loan | GHS 3,000 - 8,000 | 6 - 10 | 60% - 80% | 0% - 20% | Business, Education | Women, Men, Have business, Salaried worker | Credit Ins, Tech Asst Visits | |||||||
| Group Loan | GHS 2,000 - 10,000 | 5 - 8 | 80% - 100% | 0% - 20% | Business, Education, Land | Women, Men, Have business, Salaried worker | Group Mtgs, Tech Asst Visits | |||||||
| Individual Loan | GHS 500 - 1,000 | 4 - 6 | 60% - 80% | 0% - 20% | Business, petty traders | Women, Men, Have business | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capacity Loan | 48.0%-96.0% annual, Flat | 1 Fee | 0 Ins | None | 30.0% upfront | 79.6% - 174.1% | 139.6% - 312.4% | 23 | ||||||||
| Group Loan | 72.0% annual, Flat | 1 Fee | 0 Ins | None | 15.0% upfront | 114.9% - 129.6% | 147.8% - 168.6% | 46 | ||||||||
| Individual Loan | 48.0%-96.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 152.1% - 170.4% | 177.2% - 200.3% | 25 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Capacity Loan | 48.0%-96.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 30.0% upfront | 79.6% - 174.1% | 139.6% - 312.4% | 23 | ||||||||
| Group Loan | 72.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 15.0% upfront | 114.9% - 129.6% | 147.8% - 168.6% | 46 | ||||||||
| Individual Loan | 48.0%-96.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 152.1% - 170.4% | 177.2% - 200.3% | 25 |
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