Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.meanwoodfinance.co.zm/ |
Year established | 2005 |
Head of Institution | Daka Timothy |
Regions active | |
# Branches | 0 |
Total Portfolio (nat'l) | ZMK 9,000,000,000 |
Total Portfolio (USD) | USD 1,739,130.44 |
Active clients with loans | 4,889 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 80% - 100% |
Network affiliations | AMIZ |
Funders |
Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | http://www.uob.rw/ |
Year established | 1997 |
Head of Institution | Jeffrey J. Lee |
Regions active | 0 |
# Branches | 36 |
Total Portfolio (nat'l) | RWF 6,225,428,134 |
Total Portfolio (USD) | USD 10,551,573.11 |
Active clients with loans | 32,690 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 40% - 60% |
Network affiliations | Opportunity International, Hope International, World Relief |
Funders | MasterCard Foundation, Gates Foundation, Credit Suisse, European Union |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loans | ZMK 5,000,000 - 1,100,000,000 | 1 - 6 | 20% - 40% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Group Loans | ZMK 500,000 - 10,000,000 | 3 - 6 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
Personal Loans | ZMK 500,000 - 20,000,000 | 1 - 3 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Educ, Group Mtgs, Credit Ins | |||||||
Salary Advance | ZMK 100,000 - 5,000,000 | 1 | 40% - 60% | 80% - 100% | Education, Other | Women, Men, Salaried worker | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training | |||||||
Scheme Loans | ZMK 500,000 - 50,000,000 | 1 - 12 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Advanced Community Banking | RWF 250,000 - 1,500,000 | 4 - 12 | 80% - 100% | 40% - 60% | Business, Other | Women, Men, Have business | Credit Educ, Business Training | |||||||
Community Banking | RWF 30,000 - 1,200,000 | 4 | 80% - 100% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training | |||||||
Micro Individual/Business Loan | RWF 500,000 - 10,000,000 | 4 - 60 | 40% - 60% | 80% - 100% | Business, Consumer | Women, Men | ||||||||
New Solidarity Group | RWF 250,000 - 5,000,000 | 4 - 24 | 60% - 80% | 80% - 100% | Business, Consumer, 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 | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loans | 96.0%-120.0% annual, Flat | 2 Fees | 0 Ins | None | N/A | 224.9% - 233.5% | 224.9% - 233.5% | 42 | ||||||||
Group Loans | 72.0%-96.0% annual, Flat | 0 Fees | 0 Ins | None | 10.0% upfront | 108.1% - 139.4% | 126.6% - 161.7% | 49 | ||||||||
Personal Loans | 120.0%-144.0% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 217.9% - 229.5% | 252% - 265.7% | 46 | ||||||||
Salary Advance | 276.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 270.3% - 280.2% | 270.3% - 280.2% | 100 | ||||||||
Scheme Loans | 60.0%-96.0% annual, Flat | 0 Fees | 0 Ins | None | N/A | 77.6% - 146.2% | 77.6% - 146.2% | 58 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Advanced Community Banking | 24.0%-30.0% annual, Flat | 1 Fee | 1 Ins | 18.00% loan amt | 10.0% upfront 10.00% ongoing | 48.6% - 53.4% | 62.6% - 70.8% | 35 | ||||||||
Community Banking | 30.0%-36.0% annual, Flat | 0 Fees | 1 Ins | None | 10.0% upfront | 63.4% - 63.5% | 83.1% - 83.5% | 36 | ||||||||
Micro Individual/Business Loan | 18.0%-24.0% annual, Decl Bal | 1 Fee | 0 Ins | 18.00% loan amt | N/A | 0% - 27.8% | 22.2% - 28.6% | 69 | ||||||||
New Solidarity Group | 18.0%-24.0% annual, Flat | 1 Fee | 0 Ins | 18.00% loan amt | 15.0% upfront 15.00% ongoing | 0% - 54.8% | 54.1% - 107.5% | 24 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loans | 96.0%-120.0% annual, Flat | 2 Fees | 0 Ins Ins | None | N/A | 224.9% - 233.5% | 224.9% - 233.5% | 42 | ||||||||
Group Loans | 72.0%-96.0% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.0% upfront | 108.1% - 139.4% | 126.6% - 161.7% | 49 | ||||||||
Personal Loans | 120.0%-144.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.0% upfront | 217.9% - 229.5% | 252% - 265.7% | 46 | ||||||||
Salary Advance | 276.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 270.3% - 280.2% | 270.3% - 280.2% | 100 | ||||||||
Scheme Loans | 60.0%-96.0% annual, Flat | 0 Fees | 0 Ins Ins | None | N/A | 77.6% - 146.2% | 77.6% - 146.2% | 58 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Advanced Community Banking | 24.0%-30.0% annual, Flat | 1 Fee | 1 Ins Ins | 18.00% loan amt | 10.0% upfront 10.00% ongoing | 48.6% - 53.4% | 62.6% - 70.8% | 35 | ||||||||
Community Banking | 30.0%-36.0% annual, Flat | 0 Fees | 1 Ins Ins | None | 10.0% upfront | 63.4% - 63.5% | 83.1% - 83.5% | 36 | ||||||||
Micro Individual/Business Loan | 18.0%-24.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | 18.00% loan amt | N/A | 0% - 27.8% | 22.2% - 28.6% | 69 | ||||||||
New Solidarity Group | 18.0%-24.0% annual, Flat | 1 Fee | 0 Ins Ins | 18.00% loan amt | 15.0% upfront 15.00% ongoing | 0% - 54.8% | 54.1% - 107.5% | 24 |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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