Opportunity Bank of Malawi - MFTransparency.org Truth In Lending Tables

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Institution

Opportunity Bank of Malawi Private Bag A71Lilongwe, Central

Data approved: 2012-11-29

Data version: 2

Age of data: 140 months

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Institution Details

Institution Type	Bank
Is this institution regulated?	Yes
Website address	http://www.oibm.mw/
Year established	2003
Head of Institution	Cosmus Kowuoche
Regions active	Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Salima, ChitipaKaronga, Mzimba, Nkhata Bay, Rumphi, Blantyre, ChikwawaMangochi, Mulanje
# Branches	33

Total Portfolio (nat'l)	MWK 3,598,720,264
Total Portfolio (USD)	USD 9,227,487.86
Active clients with loans	52,649
Approximate % female clients	40% - 60%
Approximate % urban clients	40% - 60%
Network affiliations	Opportunity International, MAMN, Bankers Association of Malawi
Funders	Opportunity Transformation Investment, Opportunity Microfinance Investment, Trust for Transformation, Africap

Loan Products » Summary

Agriculture

10,659 Borrowers

USD 1,894,842.67 Portfolio

Active Product

Maziko

34,795 Borrowers

USD 1,628,382.90 Portfolio

Active Product

Mzati

2,306 Borrowers

USD 1,668,409 Portfolio

Active Product

Payroll

3,548 Borrowers

USD 1,315,788.54 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Agriculture Loan	MWK 200,000 - 50,000,000	3 - 48	20% - 40%	0% - 20%	Business	Women, Men, Running a farming enterprise	Credit Educ, Group Mtgs, Credit Ins, Business Training
Masiko (Group) Loan	MWK 140,000 - 2,800,000	4 - 9	40% - 60%	20% - 40%	Business	Women, Men, Have business	Credit Educ, Group Mtgs, Credit Ins, Business Training
Mzati (Individual) Loan	MWK 50,000 - 1,000,000	3 - 12	40% - 60%	40% - 60%	Business	Women, Men, Have business, Have home or land, Must have assets as collateral	Credit Educ, Credit Ins, Business Training, Other Training, Social Issues Training (HIV/AIDS, Gender, Vision Building),, Mthunzi (Shelter) Insurance
Payroll Loan	MWK 15,000 - 4,000,000	3 - 48	20% - 40%	40% - 60%	Any Purpose	Women, Men, Salaried worker, Age must be above 18 years	Credit Ins

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Agriculture Loan	37.00%-40.00% annual, Decl Bal	1 Fee	0 Ins	None	15.00% upfront	33.6% - 33.9%	38.7% - 39%	95
Masiko (Group) Loan	48.75% annual, Flat	1 Fee	0 Ins	None	15.00% upfront	72.5% - 74.7%	90.5% - 94.1%	52
Mzati (Individual) Loan	42.00% annual, Flat	2 Fees	1 Ins	None	15.00% upfront	70% - 111.5%	92.3% - 144.5%	39
Payroll Loan	45.00% annual, Decl Bal	1 Fee	0 Ins	None	N/A	34.7% - 45.7%	34.7% - 45.7%	100

Institution Price Graph

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Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
Adhikar	35,300	2,674,000	1	136
AMPL	0	0	0	136
Arman	41,500	529,107,000	1	136
Arohan	43,500	8,091,000	2	136
ASA INDIA	164,000	15,380,000	1	136
Asirvad	113,500	19,328,000	1	136
Asmitha	1,114,800	217,867,000	1	136
Bandhan	4,048,600	674,564,000	5	136
Belstar	123,000	23,945,000	2	115
BSFL	275,200	31,590,000	3	136
Chaitanya	20,700	3,748,000	3	136
Disha Microfin	69,000	14,332,000	2	136
Equitas	1,220,000	186,415,000	4	136
ESAF	354,200	43,500,000	5	136
FFSL	150,600	35,719,000	2	136
Fusion	66,800	9,820,000	2	136
Grama Vidiyal	738,200	102,101,000	1	136
Grameen Koota	586,600	83,555,000	15	138
Janalakshmi	506,000	119,077,000	2	136
L & T Finance	399,800	37,199,000	1	136
MFL	331,800	49,083,000	1	136
MMFL	175,000	23,752,000	2	136
Mpower	13,600	2,263,000	2	136
Sahayata	0	0	0	136
Saija	24,700	4,682,000	2	136
Samasta	45,500	4,809,000	2	136
Satin	405,600	90,174,000	2	136
SCCI	115,600	15,910,000	2	136
Share	2,195,400	376,727,000	1	136
SKS	3,409,000	355,029,000	2	136
SMILE	360,200	56,927,000	1	136
SNFL	9,400	1,779,000	1	136
Sonata Finance	158,200	22,724,000	3	138
Spandana	533,400	147,240,000	2	136
Suryoday	78,600	14,713,000	3	136
SVCL	118,200	18,886,000	1	136
Swadhaar	92,800	17,166,000	3	136
Trident	68,700	8,852,000	1	136
Ujjivan	913,300	160,848,000	5	136
Utkarsh	168,600	25,915,000	3	136
VFS	175,400	19,264,000	2	136
Asomi	50,300	4,743,000	2	169
AES India	3,600	286,000	1	169
Arth	2,900	611,000	2	169
Asomi	50,300	4,743,000	2	169
Barasat GS	1,100	99,508.02	1	169
BJS	6,000	468,000	1	169
Cashpor	417,000	50,452,000	1	168
Credible	10,000	1,669,540.36	2	169
DIBAKAR	1,800	145,000	1	168
GOF	65,200	5,388,000	4	168
Hope	62,600	4,407,000	1	166
Jaago	2,700	237,000	1	167
LOK	4,900	573,000	1	168
Nano	25,600	3,660,000	2	169
NBSAAVS	28,100	2,821,000	1	166
Nirantara	8,200	917,000	2	168
Parama	7,100	482,000	1	168
Pragathi	26,200	4,579,000	6	168
PWMACS	36,500	5,946,000	1	168
Saadhana	90,900	12,046,000	2	168
Sambhav	1,500	183,000	3	168
Seba Rahara	6,700	468,000	1	168
SU	61,100	5,498,000	1	168
Swayanshree	7,900	918,000	2	168
Vikas Samiti	1,600	168,000	1	168
Vistaar	4,300	1,157,000	2	166
We The People	1,100	244,000	2	168
WEMCS	1,100	85,000	1	168
Yukti	1,100	99,000	2	168

Key Statistics
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Total Borrowers of Samples

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