| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | N/A |
| Website address | http://www.oibm.mw/ |
| Year established | 2003 |
| Head of Institution | Aleksandr-Alain Kalanda |
| Regions active | 0 |
| # Branches | 28 |
| Total Portfolio (nat'l) | MWK 4,500,000,000 |
| Total Portfolio (USD) | USD 30,000,000 |
| Active clients with loans | 48,000 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Opportunity International, Malawi Microfinance Network, Bankers Association of Malawi |
| Funders | Opportunity Transformation Investment, Opportunity Microfinance Investment Ltd., Trust for Transformation, Africap |
| 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% | ||||||||||
| Masiko (Group) Loan | MWK 35,000 - 2,000,000 | 4 - 9 | 40% - 60% | 20% - 40% | ||||||||||
| Mzati (Individual) Loan | MWK 30,000 - 600,000 | 3 - 12 | 40% - 60% | 40% - 60% | ||||||||||
| Payroll Loan | MWK 1,000 - 4,000,000 | 3 - 48 | 20% - 40% | 40% - 60% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 26.00%-27.00% annual, Decl Bal | 1 Fee | 0 Ins | 31.5% - 31.6% | 35.9% - 36% | |||||||||||
| Masiko (Group) Loan | 35.75% annual, Flat | 1 Fee | 0 Ins | 0% - 63% | 75.9% - 81% | |||||||||||
| Mzati (Individual) Loan | 21.60%-30.00% annual, Flat | 1 Fee | 0 Ins | 0% - 68.9% | 57.2% - 128.3% | |||||||||||
| Payroll Loan | 24.50% annual, Decl Bal | 1 Fee | 0 Ins | N/A | 0% | 0% |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| APAS | 320 | 128,000 | 2 | 169 |
| BRAC-UGA | 139,200 | 28,254,000 | 3 | 126 |
| Centenary Bank | 133,802 | 221,144,231 | 4 | 150 |
| EBO SACCO | 1,500 | 1,240,382 | 2 | 150 |
| Equity Bank | 13,069 | 57,252,004 | 0 | 150 |
| Finance Trust | 22,555 | 17,520,424 | 5 | 150 |
| FINCA-UGA | 56,300 | 27,402,000 | 4 | 124 |
| Five Talents | 5,365 | 368,057 | 2 | 150 |
| Gatsby | 1,346 | 2,440,236 | 2 | 150 |
| Habitat Uganda | 858 | 265,508 | 1 | 150 |
| Hofokam | 20,908 | 4,793,200 | 6 | 150 |
| KACITA | 156 | 60,318 | 1 | 150 |
| Madfa SACCO | 4,832 | 288,674 | 5 | 150 |
| Opportunity | 23,734 | 13,560,846 | 13 | 150 |
| RUCREF | 5,557 | 898,380 | 4 | 169 |
| Rushere SACCO | 983 | 574,549 | 2 | 150 |
| SAO | 204 | 62,768 | 1 | 150 |
| Silver Upholders | 2,111 | 189,189 | 4 | 150 |
| THPU | 6,528 | 676,391 | 1 | 150 |
| UGAFODE | 8,197 | 4,720,446 | 9 | 150 |
| VF Uganda | 13,072 | 3,221,675 | 5 | 150 |
| Wakiso | 513 | 276,000 | 1 | 150 |
| Y-SAVE | 208 | 1,686,485 | 1 | 150 |
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