| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 1993 |
| Head of Institution | Silas Murotho |
| Regions active | Dedza |
| # Branches | 148 |
| Total Portfolio (nat'l) | MWK 1,606,853,200 |
| Total Portfolio (USD) | USD 4,342,846.49 |
| Active clients with loans | 132,000 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MMFN, Micro Credit Summit |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loans | MWK 35,000 - 500,000 | 5 - 12 | 20% - 40% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Business Loans | MWK 10,000 - 300,000 | 6 - 24 | 20% - 40% | 0% - 20% | Any Purpose | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loans | 30.00%-33.00% annual, Flat | 2 Fees | 0 Ins | None | 20.00% upfront | 28.8% - 29.5% | 36% - 36.9% | 82 | ||||||||
| Business Loans | 30.00%-33.00% annual, Flat | 2 Fees | 0 Ins | None | 20.00% upfront | 49.1% - 53.5% | 69.9% - 76.9% | 40 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ACLEDA | 235,200 | 215,086,000 | 6 | 172 |
| AMK | 288,200 | 63,784,000 | 16 | 144 |
| AMRET | 299,500 | 149,542,000 | 8 | 144 |
| Chamroeun | 48,100 | 7,480,000 | 4 | 124 |
| Farmer Finance | 200 | 407,000 | 1 | 144 |
| First Finance | 500 | 5,819,000 | 1 | 144 |
| HKL | 73,400 | 93,842,000 | 3 | 144 |
| KREDIT | 61,800 | 59,319,000 | 9 | 144 |
| Maxima | 2,900 | 3,179,000 | 3 | 144 |
| PRASAC | 138,500 | 251,931,000 | 9 | 144 |
| Seilanithih | 15,200 | 7,516,000 | 5 | 144 |
| SPN | 35,100 | 29,828,000 | 6 | 144 |
| TPC | 120,000 | 45,931,000 | 13 | 144 |
| VF Cambodia | 148,600 | 48,984,000 | 18 | 144 |
| Key Statistics | |
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| # 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 |
|---|---|---|---|---|---|---|---|
