Institution Type | Credit Union / Cooperative |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 1963 |
Head of Institution | IVAN TOBAR |
Regions active | |
# Branches | 21 |
Total Portfolio (nat'l) | USD 88,130,099 |
Total Portfolio (USD) | USD 88,130,099 |
Active clients with loans | 22,154 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders |
Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.fondationardi.ma |
Year established | 2001 |
Head of Institution | M. CHEHHAR El Mostafa |
Regions active | Tangier-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 |
# Branches | 205 |
Total Portfolio (nat'l) | MAD 273,132,165 |
Total Portfolio (USD) | USD 32,133,195.88 |
Active clients with loans | 115,221 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 20% - 40% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | USD 600 - 8,000 | 12 - 36 | 20% - 40% | 80% - 100% | Any Purpose | Women, Men, Salaried worker, Specific age group | Credit Ins | |||||||
MICM | USD 200 - 20,000 | 8 - 10 | 80% - 100% | 20% - 40% | Any Purpose | Women | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
MICON | USD 600 - 20,000 | 6 - 36 | 20% - 40% | 60% - 80% | Any Purpose | Women, Men, Have business | Credit Ins | |||||||
MICPE | USD 600 - 8,000 | 2 - 36 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Credit Ins, Tech Asst Visits |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédit Solidaire | MAD 1,000 - 20,000 | 3 - 18 | 20% - 40% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training | |||||||
Crédit Individuel | MAD 5,000 - 50,000 | 3 - 48 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Credit Ins, Tech Asst Visits, Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | 15.2% annual, Decl Bal | 1 Fee | 0 Ins | None | 1.5% upfront | 15.4% - 16.1% | 16.4% - 16.5% | 92 | ||||||||
MICM | 25.7% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.0% upfront | 26.1% - 29.6% | 29.2% - 33.7% | 84 | ||||||||
MICON | 22.8% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.00% ongoing | 21.4% - 24.4% | 23.1% - 25.5% | 92 | ||||||||
MICPE | 24.5% annual, Decl Bal | 1 Fee | 0 Ins | None | 3.0% upfront | 22.7% - 24.8% | 24.5% - 26.7% | 93 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédit Solidaire | 24.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 42.2% - 51.3% | 42.4% - 52% | 53 | ||||||||
Crédit Individuel | 21.6% annual, Flat | 1 Fee | 1 Ins | None | N/A | 35.4% - 39.9% | 35.5% - 41.9% | 56 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CNMPE | 15.2% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 1.5% upfront | 15.4% - 16.1% | 16.4% - 16.5% | 92 | ||||||||
MICM | 25.7% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.0% upfront | 26.1% - 29.6% | 29.2% - 33.7% | 84 | ||||||||
MICON | 22.8% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.00% ongoing | 21.4% - 24.4% | 23.1% - 25.5% | 92 | ||||||||
MICPE | 24.5% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | 3.0% upfront | 22.7% - 24.8% | 24.5% - 26.7% | 93 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Crédit Solidaire | 24.0% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 42.2% - 51.3% | 42.4% - 52% | 53 | ||||||||
Crédit Individuel | 21.6% annual, Flat | 1 Fee | 1 Ins Ins | None | N/A | 35.4% - 39.9% | 35.5% - 41.9% | 56 |
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