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Institution

Meklit MFI Ayer TenaAddis AbabaPO Box 27634
Data approved: 2011-12-23
Data version: 1
Age of data: 96 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2000
Head of InstitutionTeshome Yiheyis
Regions active
# Branches21

Total Portfolio (nat'l)ETB 25,963,550
Total Portfolio (USD)USD 1,411,062.50
Active clients with loans12,300
Approximate % female clients40% - 60%
Approximate % urban clients0% - 20%
Network affiliationsAEMFI
FundersDevelopment Bank of Ethiopia RUFIP, EU

Loan Products » Summary

9,307 Borrowers
USD 778,073.39 Portfolio
Active Product
1,500 Borrowers
USD 244,565.22 Portfolio
Active Product
616 Borrowers
USD 234,347.83 Portfolio
Active Product
850 Borrowers
USD 138,586.96 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan ETB 3,000 - 9,000 8 - 12 40% - 60% 0% - 20% Business, Agriculture Women, Men Credit Educ, Group Mtgs, Credit Ins
Business Loan - Group ETB 1,000 - 18,000 12 - 24 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Business Loan - Individual ETB 8,000 - 50,000 12 - 24 20% - 40% 60% - 80% Business Women, Men, Have business Credit Educ, Credit Ins
Individual (Consumption) Loan ETB 10,000 - 50,000 12 - 24 40% - 60% 60% - 80% Any Purpose Women, Men, Salaried worker Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 38.7% - 39.1% 46.4% - 51.1% 41
Business Loan - Group 20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 35.7% - 45.6% 43.2% - 56% 39
Business Loan - Individual 22.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 38.1% - 40% 43.6% - 46.6% 49
Individual (Consumption) Loan 16.0%-20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 29% - 41.9% 33.6% - 50% 40
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011110
ANED5,4006,579,000368
Banco FIE231,100569,322,000668
BancoSol215,300861,418,0003068
CIDRE8,500126,578,000868
Coop Fatima6,30044,280,0007110
CRECER166,900134,626,0001368
Diaconia67,00085,734,000268
Ecofuturo59,200226,839,000568
EMPRENDER8,7002,380,0003110
Fassil FFP57,600325,081,000568
FONCRESOL3,9009,573,000368
FONDECO14,20024,274,000368
Fortaleza20,100164,530,0001368
FUBODE29,40024,444,000768
FUNBODEM8,60015,798,000968
IDEPRO10,40040,479,000268
IMPRO2,4002,885,000468
ProCredit84,300257,487,0008110
PRODEM44,90062,529,000468
ProMujer BOL115,20050,753,000368
Sartawi14,60026,842,000868
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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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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