| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2005 |
| Head of Institution | Bewketu Alamirew |
| Regions active | |
| # Branches | 2 |
| Total Portfolio (nat'l) | ETB 1,269,733 |
| Total Portfolio (USD) | USD 69,007.23 |
| Active clients with loans | 1,269 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | AEMFI, NBE, New Life Community |
| Funders | New Life Community |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2004 |
| Head of Institution | Ana Maria da C. Salvador |
| Regions active | 0 |
| # Branches | 3 |
| Total Portfolio (nat'l) | MZN 22,656,194 |
| Total Portfolio (USD) | USD 730,844.97 |
| Active clients with loans | 3,804 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MIX Market, AMOMIF, AFRACA |
| Funders | FARE-Fundo de Apoio a Rehabilitacao Economica, UNCDF, Caixa Catalunya, BIM |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | ETB 300 - 10,000 | 12 | 80% - 100% | 80% - 100% | Business, Consumer | Women, Men, Have business, Salaried worker | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credito Agricultura | MZN 2,500 - 50,000 | 2 - 6 | 80% - 100% | 0% - 20% | Agriculture | Women, Men, Have business, Tem de ser agricultor/avicultor desde min 6 meses, 80% tem de ser mulher | Group Mtgs, Tech Asst Visits | |||||||
| Credito Geral | MZN 640 - 50,000 | 2 - 6 | 80% - 100% | 0% - 20% | Business, Consumer | Women, Have business, Salaried worker, 80% tem de ser mulher, tem de ser empres?rio ha pelo menos 6 meses ou ser salariado | Group Mtgs, Credit Ins, Tech Asst Visits | |||||||
| Credito Jovem | MZN 2,500 - 20,000 | 2 - 6 | 80% - 100% | 0% - 20% | Any Purpose | Women, Men, Specific age group, Pode n?·o ter experi?ncia , Idade 18-30 anos | Credit Educ, Group Mtgs |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 16.0% annual, Flat | 0 Fees | 1 Ins | None | 10.0% upfront 5.00 ongoing | 28.3% - 29.3% | 35.9% - 37.4% | 43 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credito Agricultura | 42.0% annual, Flat | 1 Fee | 1 Ins | None | 10.00% ongoing | 0% | 0% | N/A | ||||||||
| Credito Geral | 60.0% annual, Flat | 1 Fee | 1 Ins | None | 10.00% ongoing | 0% | 0% | N/A | ||||||||
| Credito Jovem | 42.0% annual, Flat | 1 Fee | 1 Ins | None | 10.00% ongoing | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 16.0% annual, Flat | 0 Fees | 1 Ins Ins | None | 10.0% upfront 5.00 ongoing | 28.3% - 29.3% | 35.9% - 37.4% | 43 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credito Agricultura | 42.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% ongoing | 0% | 0% | N/A | ||||||||
| Credito Geral | 60.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% ongoing | 0% | 0% | N/A | ||||||||
| Credito Jovem | 42.0% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% ongoing | 0% | 0% | N/A |
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