2. AMF
Please note that the information you are viewing is 138 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Attawfiq MF 3, rue Docteur VeyreRésidence PatioCasablanca, 20070
Data approved: 2013-09-12
Data version: 1
Age of data: 138 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.fbpmc.ma
Year established2000
Head of InstitutionMustapha BIDOUJ
Regions activeTangier-Tétouan, East and the Rif, Fes-Meknes, Rabat-Sale-Kenitra, Beni Mellal-Khenifra, Settat-Casablanca, Marrakesh-Safi, Drâa-Tafilalt, Souss-Massa, Guelmim-Oued NounEl Aiun-Saguia al Hamra, Dakhla-Oued Addahab
# Branches361

Total Portfolio (nat'l)MAD 1,592,889,000
Total Portfolio (USD)USD 187,398,705.90
Active clients with loans217,445
Approximate % female clients40% - 60%
Approximate % urban clients0
Network affiliations
Funders

Loan Products » Summary

Al Intilaka
148,447 Borrowers
USD 91,177,411.76 Portfolio
Active Product
Al Mouwakaba
6,533 Borrowers
USD 14,126,352.94 Portfolio
Active Product
Attaahil
773 Borrowers
USD 2,718,588.24 Portfolio
Active Product
Al Karaoui
12,864 Borrowers
USD 7,244,588.24 Portfolio
Active Product
Attakaddoum
9,600 Borrowers
USD 24,942,352.94 Portfolio
Active Product
Al Fardi
28,053 Borrowers
USD 30,953,764.71 Portfolio
Active Product
Attajhiz
1,305 Borrowers
USD 1,868,235.29 Portfolio
Active Product
Attaaounia
94 Borrowers
USD 274,470.59 Portfolio
Active Product
Al Milkia
239 Borrowers
USD 508,235.29 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Al Intilaka MAD 3,000 - 20,000 6 - 30 60% - 80% 80% - 100% Business, Financement du fonds de roulement ou d'investissement Women, Men, Have business, Jouir d'une bonne moralité Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Formation Initiale pour les nouveaux clients
Al Mouwakaba MAD 20,500 - 40,000 6 - 48 40% - 60% 80% - 100% Business, Financement du fond de roulement ou d'investissement Women, Men, Have business Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training
Attaahil MAD 40,500 - 50,000 6 - 48 0% - 20% 80% - 100% Business, Financement du fonds de roulement et d'investissement Women, Men, Have business Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training
Al Karaoui MAD 3,000 - 50,000 6 - 48 20% - 40% 80% - 100% Business, Financement des besoins en investissement liés à l’activité de l’élevage Women, Men, Have business Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training
Attakaddoum MAD 10,000 - 50,000 6 - 48 0% - 20% 80% - 100% Business, Financement du Fonds de Roulement ou Investissement Women, Men, Have business Credit Educ, Tech Asst Visits, Business Training, Other Training
Al Fardi MAD 7,000 - 50,000 6 - 48 40% - 60% 80% - 100% Business, Financement du Fonds de Roulement ou d'investissement Women, Men, Have business Credit Educ, Tech Asst Visits, Business Training, Other Training, Formation Initiale pour les nouveaux clients
Attajhiz Al Hirafi MAD 7,000 - 50,000 6 - 48 0% - 20% 80% - 100% Business, Financement de l'acquisition de véhicules Women, Men, Have business Credit Educ, Tech Asst Visits, Business Training, Other Training
Attaaounia MAD 3,000 - 50,000 6 - 48 0% - 20% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training
Al Milkia MAD 3,000 - 50,000 6 - 120 0% - 20% 80% - 100% Business Women, Men, Have business Credit Educ, Tech Asst Visits, Business Training, Other Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Al Intilaka 25.2% annual, Decl Bal 2 Fees 0 Ins None N/A 27.9% - 40.7% 27.9% - 40.7% 75
Al Mouwakaba 21.6% annual, Decl Bal 2 Fees 0 Ins None N/A 23.2% - 28.5% 23.2% - 28.5% 86
Attaahil 18.0% annual, Decl Bal 2 Fees 0 Ins None N/A 19.3% - 23.4% 19.3% - 23.4% 86
Al Karaoui 31.2% annual, Decl Bal 2 Fees 0 Ins None N/A 33% - 41.5% 33% - 41.5% 87
Attakaddoum 16.8% annual, Decl Bal 2 Fees 0 Ins None N/A 18% - 20.3% 18% - 20.3% 88
Al Fardi 26.4% annual, Decl Bal 2 Fees 0 Ins None N/A 28.9% - 33.4% 28.9% - 33.4% 86
Attajhiz Al Hirafi 16.8% annual, Decl Bal 2 Fees 0 Ins None N/A 19.6% - 24% 19.6% - 24% 78
Attaaounia 15.6% annual, Decl Bal 2 Fees 0 Ins None N/A 16.7% - 21.8% 16.7% - 21.8% 81
Al Milkia 12.0% annual, Decl Bal 2 Fees 0 Ins None N/A 11.2% - 13% 11.2% - 13% 96
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeBusinessLoan PurposeAMFInstitutionMA-009-V01-P01MA-009-V01-P02MA-009-V01-P03MA-009-V01-P04MA-009-V01-P06MA-009-V01-P07MA-009-V01-P08MA-009-V01-P09MA-009-V01-P10ProductMACountry2013YearRange Number1Institution Data Version010,00020,00030,00040,00050,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 100,00077,00051,00025,0002,800Number of Borrowers
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  2. MLF MWI
Please note that the information you are viewing is 147 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Microloan Foundation Head OfficeKasungu, CentralPO Box 491
Data approved: 2012-11-15
Data version: 2
Age of data: 147 months
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Product

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Product Details

Key Statistics
Outstanding portfolio (MWK)MWK 522,836,400
Portfolio (USD)USD 1,340,606.15
Active Clients with Loans20,988
Approximate % Female Clients80% - 100%
Approximate % Urban Clients0% - 20%
Methodology
Individual
Solidarity groupx
Village bankingx
Self help group
Other
Description
A basic loan given as working capital for generic businesses. The target clients are 100 percent women in groups of 15 to 18. Training is provided in 8 sessions prior to clients given loan. Several liability is used and no collateral is used.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurance
Workplace visitsx
Business trainingx
Other trainingx
OtherGroup Dyanamics
Other (2)
No other services
Eligibility
Men
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution18
# Regions for this product20
Regions ActiveDowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, MachingaMangochi, Mulanje, Phalombe, Zomba

Loan Conditions

Loan Amount
CurrencyMWK
Minimum loan sizeMWK 18,000
Maximum loan size80,000
Distribution at Disbursement (Est.)
Loans less than MWK 50,00090%
MWK 50,000-150,00010%
MWK 150,000-250,0000
MWK 250,000-350,0000
MWK 350,000-450,0000
Greater than MWK 450,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term4.0 months
Approx average4.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months100%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeksx
Every 4 weeksx
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest5.00%
Highest quoted nominal interest5.00%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00% - 20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid5.00%
Maximum interest rate paid7.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
All first cycles incur compulsory savings of 10%. Within the cycle they save another 10% which makes 20% at close of cycle. For the loan samples here clients have saved 20% as they are in subsequent cycles.

Full Pricing Data

Standard Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountMWK 20,000MWK 30,000MWK 45,000MWK 60,000
Loan Cycle (1, 2, 3, etc)1012119
Disbursement Date2012-10-182012-10-222012-09-132012-09-13
Loan Term (Months)4.0 months3.8 months3.7 months3.7 months
Grace Period (Months)0.2 months0.0 months0.0 months0.0 months
Total Cost of CreditMWK 4,000MWK 6,000MWK 9,000MWK 12,000
True Price by Comp       
Interest price component97.1%106.6%108.4%108.4%
Fee Component0.0%0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component50.5%60.1%53.4%53.4%
Full APR (int fee ins tax dep)147.6%166.7%161.8%161.8%
Transparency Index41363737
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Standard Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeMLF MWIInstitutionMW-007-V02-P04ProductMWCountry2012YearRange Number2Institution Data Version010,00020,00030,00040,00050,00060,000Loan Size (all)0%50%100%150%Full APR (int fee ins tax dep)> 18,00014,0009,4004,700500Number of Borrowers
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Key Statistics
# 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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