| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.nbsmw.com/ |
| Year established | 2004 |
| Head of Institution | John S Biziwick |
| Regions active | Lilongwe, Rumphi, Blantyre, Mulanje |
| # Branches | 3 |
| Total Portfolio (nat'l) | MWK 380,000,000 |
| Total Portfolio (USD) | USD 974,358.97 |
| Active clients with loans | 1,000 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | JOSE SANTOS CHANGO UÑOG |
| Regions active | |
| # Branches | 6 |
| Total Portfolio (nat'l) | USD 16,830,803 |
| Total Portfolio (USD) | USD 16,830,803 |
| Active clients with loans | 5,308 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary SME Loan | MWK 200,000 - 1,500,000 | 1 - 24 | 0% - 20% | 20% - 40% | Business, Can be used for ANY business use | Women, Men, Have business, Specific age group, Fixed business or residential place, Produce business records or bank statements | Credit Educ, Tech Asst Visits, Business Training, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | USD 200 - 20,000 | 2 - 30 | 20% - 40% | 0% - 20% | Business, Housing, Consumer, Education, Other | Women, Men | Credit Educ | |||||||
| Microcredito | USD 400 - 50,000 | 4 - 30 | 0% - 20% | 0% - 20% | Business, Housing, Consumer, Education, Other | Women, Men | Credit Educ |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary SME Loan | 24.00%-36.00% annual, Decl Bal | 1 Fee | 0 | None | N/A | 37.9% - 38.3% | 37.9% - 38.3% | 63 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | 15.2%-18.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.0% upfront | 13.3% - 15.4% | 15.7% - 18.3% | 87 | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.0% upfront | 15.4% - 23.1% | 18.2% - 27.1% | 77 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary SME Loan | 24.00%-36.00% annual, Decl Bal | 1 Fee | 0 | None | N/A | 37.9% - 38.3% | 37.9% - 38.3% | 63 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | 15.2%-18.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | 10.0% upfront | 13.3% - 15.4% | 15.7% - 18.3% | 87 | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | 10.0% upfront | 15.4% - 23.1% | 18.2% - 27.1% | 77 |
| 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 |
|---|---|---|---|---|---|---|---|
