| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | Nkosilathi Moyo |
| Regions active | |
| # Branches | 0 |
| Total Portfolio (nat'l) | ZMK 7,227,940,834 |
| Total Portfolio (USD) | USD 1,396,703.54 |
| Active clients with loans | 9,803 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Association of Microfinance Institutions in Zambia |
| Funders | World Vision, Cordaid |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2006 |
| Head of Institution | Emmanuel Victor Kimbowa |
| Regions active | Central, Eastern, Western |
| # Branches | 0 |
| Total Portfolio (nat'l) | UGX 6,100,589,732 |
| Total Portfolio (USD) | USD 2,440,235.89 |
| Active clients with loans | 1,346 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | AMFIU |
| Funders | Gatsby Charitable Foundation |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | ZMK 750,000 - 2,500,000 | 4 - 24 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training | |||||||
| Business Loan | ZMK 500,000 - 90,000,000 | 3 - 12 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gatsby Microfinance General Loan | UGX 1,000,000 - 30,000,000 | 6 - 24 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business, The type of business must be in line with the company mission | Tech Asst Visits | |||||||
| Myc4 Loan | UGX 1,000,000 - 30,000,000 | 6 - 24 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business | Tech Asst Visits |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins | None | N/A | 99.3% - 104.2% | 105.6% - 108.1% | 47 | ||||||||
| Business Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins | None | 18.0% upfront | 86.6% - 102.1% | 124% - 144.9% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gatsby Microfinance General Loan | 30.00% annual, Flat | 2 Fees | 1 Ins | None | 10.00% upfront | 53.1% - 54.9% | 65.3% - 69.3% | 45 | ||||||||
| Myc4 Loan | 25.00%-36.00% annual, Decl Bal | 2 Fees | 1 Ins | None | 10.00% upfront | 40.3% - 52.3% | 50.9% - 65.8% | 42 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins Ins | None | N/A | 99.3% - 104.2% | 105.6% - 108.1% | 47 | ||||||||
| Business Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 18.0% upfront | 86.6% - 102.1% | 124% - 144.9% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gatsby Microfinance General Loan | 30.00% annual, Flat | 2 Fees | 1 Ins Ins | None | 10.00% upfront | 53.1% - 54.9% | 65.3% - 69.3% | 45 | ||||||||
| Myc4 Loan | 25.00%-36.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | None | 10.00% upfront | 40.3% - 52.3% | 50.9% - 65.8% | 42 |
| 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 |
|---|---|---|---|---|---|---|---|
