| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2011 |
| Head of Institution | Michael Barleon |
| Regions active | |
| # Branches | 1 |
| Total Portfolio (nat'l) | ZMK 4,225,572,000 |
| Total Portfolio (USD) | USD 816,535.65 |
| Active clients with loans | 738 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | Bankers Association of Zambia |
| Funders | International Finance Corporation (IFC), European Investment Bank (EIB), Incofin, KfW |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | Patrick Gathondu |
| Regions active | 0 |
| # Branches | 5 |
| Total Portfolio (nat'l) | KES 217,413,552 |
| Total Portfolio (USD) | USD 2,625,767.54 |
| Active clients with loans | 11,645 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AB Business Flexi | ZMK 1,000,000 - 5,000,000 | 3 - 20 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business, Zambian Resident, At least 21 years | Credit Educ, Business Training | |||||||
| AB Business Plus | ZMK 5,000,001 - 15,000,000 | 3 - 20 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hitimu Loan | KES 15,000 - 30,000 | 6 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Imarika Loan | KES 50,000 - 2,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Mama Plus Loan | KES 10,000 - 100,000 | 6 - 12 | 80% - 100% | 40% - 60% | Business | Women, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Mifugo Loan | KES 50,000 - 80,000 | 9 - 12 | 40% - 60% | 40% - 60% | Business, Agricultural loan | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Msingi Loan | KES 20,000 - 1,000,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Upesi Loan | KES 10,000 - 20,000 | 3 - 6 | 40% - 60% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AB Business Flexi | 72.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 79.3% - 81.7% | 79.3% - 81.7% | 89 | ||||||||
| AB Business Plus | 69.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 74.5% - 78.8% | 74.5% - 78.8% | 91 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hitimu Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Imarika Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 4,000.00 upfront 200.00 ongoing | 0% | 0% | N/A | ||||||||
| Mama Plus Loan | 8.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Mifugo Loan | 17.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Msingi Loan | 17.0% annual, Flat | 0 Fees | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Upesi Loan | 24.0% annual, Flat | 1 Fee | 0 Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AB Business Flexi | 72.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 79.3% - 81.7% | 79.3% - 81.7% | 89 | ||||||||
| AB Business Plus | 69.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 74.5% - 78.8% | 74.5% - 78.8% | 91 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hitimu Loan | 17.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Imarika Loan | 17.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 4,000.00 upfront 200.00 ongoing | 0% | 0% | N/A | ||||||||
| Mama Plus Loan | 8.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Mifugo Loan | 17.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 25.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Msingi Loan | 17.0% annual, Flat | 0 Fees | 0 Ins Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A | ||||||||
| Upesi Loan | 24.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 15.0% upfront 100.00 ongoing | 0% | 0% | N/A |
| Key Statistics | |
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| # 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 |
|---|---|---|---|---|---|---|---|
