Institution Type | Non-Governmental Organization |
Is this institution regulated? | Yes |
Website address | http://www.microloanfoundation.org.uk/Home |
Year established | 2002 |
Head of Institution | Peter Matumbo |
Regions active | Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, MachingaMangochi, Mulanje |
# Branches | 20 |
Total Portfolio (nat'l) | MWK 662,269,793 |
Total Portfolio (USD) | USD 1,698,127.67 |
Active clients with loans | 24,364 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 0% - 20% |
Network affiliations | MAMN |
Funders | Microloan Foundation, UK |
Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | N/A |
Year established | 2002 |
Head of Institution | Chuon Sophal, Chief Executive Officer |
Regions active | 0 |
# Branches | 23 |
Total Portfolio (nat'l) | N/A |
Total Portfolio (USD) | N/A |
Active clients with loans | 91,924 |
Approximate % female clients | N/A |
Approximate % urban clients | N/A |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bridging Loan | MWK 65,000 - 180,000 | 6 - 10 | 80% - 100% | 0% - 20% | Business | Women, Have business | Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics | |||||||
Irrigation Loan | MWK 18,000 - 80,000 | 3 - 7 | 80% - 100% | 0% - 20% | Business | Women, Have business | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics | |||||||
Standard Loan | MWK 18,000 - 80,000 | 4 | 80% - 100% | 0% - 20% | Business | Women, Have business, Specific age group | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dyanamics |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Individual Loan (KHR) | KHR 1,000,000 - 20,000,000 | 0 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | |||||||||
Individual Loan (USD) | USD 500 - 4,000 | 0 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | |||||||||
Individual Loan - Seasonal (KHR) | KHR 500,000 - 5,000,000 | 0 | 80% - 100% | 0% - 20% | Business | |||||||||
Solidarity Group Loan (KHR) | KHR 300,000 - 3,000,000 | 0 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Group Mtgs | ||||||||
Solidarity Group Loan (SGL) Seasonal Loan | KHR 200,000 - 1,000,000 | 0 | 80% - 100% | 0% - 20% | Business | |||||||||
TP Loan End of Cycle (KHR) | KHR 250,000 - 1,000,000 | 0 | 80% - 100% | 0% - 20% | Business, Housing, Consumer | Group Mtgs | ||||||||
TP Loan Fixed Installment (KHR) | KHR 500,000 - 2,000,000 | 0 | 80% - 100% | 0% - 20% | Business, Housing, Consumer |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bridging Loan | 48.00% annual, Flat | 0 Fees | 0 Ins | None | 20.00% upfront | 75.7% - 75.8% | 107.4% - 107.5% | 44 | ||||||||
Irrigation Loan | 57.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00%-20.00% upfront | 36.2% - 60.4% | 45.9% - 83.7% | 83 | ||||||||
Standard Loan | 60.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00%-20.00% upfront | 97.1% - 108.4% | 147.6% - 166.7% | 37 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Individual Loan (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Individual Loan (USD) | 2.0%-2.5% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Individual Loan - Seasonal (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Solidarity Group Loan (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Solidarity Group Loan (SGL) Seasonal Loan | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
TP Loan End of Cycle (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
TP Loan Fixed Installment (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | #N/A | #N/A | 0 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Bridging Loan | 48.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 20.00% upfront | 75.7% - 75.8% | 107.4% - 107.5% | 44 | ||||||||
Irrigation Loan | 57.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00%-20.00% upfront | 36.2% - 60.4% | 45.9% - 83.7% | 83 | ||||||||
Standard Loan | 60.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00%-20.00% upfront | 97.1% - 108.4% | 147.6% - 166.7% | 37 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Individual Loan (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Individual Loan (USD) | 2.0%-2.5% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Individual Loan - Seasonal (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Solidarity Group Loan (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
Solidarity Group Loan (SGL) Seasonal Loan | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
TP Loan End of Cycle (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 | ||||||||
TP Loan Fixed Installment (KHR) | 3.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | N/A | #N/A | #N/A | 0 |
Key Statistics | |
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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 |
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