Please note that the information you are viewing is 111 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Specialised Financial and Promotional Institution Bole Sub CityAddis AbabaPO Box 10689
Data approved: 2011-12-23
Data version: 1
Age of data: 111 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established1997
Head of InstitutionMr Solomon W.Giorgis
Regions active
# Branches10

Total Portfolio (nat'l)ETB 50,807,161
Total Portfolio (USD)USD 2,761,258.75
Active clients with loans33,342
Approximate % female clients40% - 60%
Approximate % urban clients20% - 40%
Network affiliationsAEMFI
FundersTerrafina Microfinance, SOS Faim, CIDR, UNCDF

Loan Products » Summary

32,000 Borrowers
USD 2,608,695.65 Portfolio
Active Product
1,500 Borrowers
USD 130,434.78 Portfolio
Active Product
100 Borrowers
USD 10,869.57 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan ETB 100 - 30,000 12 - 30 40% - 60% 40% - 60% Any Purpose Women, Men Credit Educ, Group Mtgs
Individual Loan ETB 10,000 - 120,000 12 - 30 40% - 60% 80% - 100% Any Purpose Women, Men Credit Educ, Business Training
Youth Loan Product ETB 5,000 - 30,000 12 - 24 20% - 40% 80% - 100% Business Women, Men, Specific age group Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 16.0%-24.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 28.3% - 30.2% 30.6% - 35.2% 47
Individual Loan 16.0%-20.0% annual, Flat 0 Fees 0 Ins None 5.0%-10.0% upfront 29.4% - 30.9% 34.4% - 36% 45
Youth Loan Product 14.0% annual, Flat 0 Fees 0 Ins None 5.0% upfront 25.8% - 25.9% 27.8% - 27.9% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001124
CEPESIU2,000939,0004124
COAC 4 Octubre2,2005,771,0002124
COAC Ambato1,30016,415,0002124
COAC FondVida2,5004,200,0004124
COAC LaBenefica2,5008,482,0006124
COAC MCCH5,30010,020,0002124
COAC Nacional30,70027,129,0002124
COAC San José10,40029,133,0005124
COAC SanAntonio1,0002,384,0003124
COAC SantaAnita2,0002,532,0006124
Codesarrollo14,40040,328,0007124
Coop San Miguel1,8004,754,0005121
CooP VPR7001,052,0004124
Cooprogreso7,90032,244,0004124
Credi Fe100,900380,039,0004124
D^Miro36,90027,692,0009117
DECOF2,200705,0002124
Espoir62,10021,036,0005124
FODEMI28,20012,924,0003124
Fundacion Alternativa4,3005,545,0002124
FUNDAMIC2,0001,468,0002124
INSOTEC7,0006,047,0004124
Luz del Valle6,40011,300,0003124
ProCredit43,800211,941,0002124
PS Ambato5,6002,771,0001124
Caps / Zoom options
Key Statistics
# Samples:
# 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
X Axis
Greater than:
Less or equal to:
N (# of Samples)
Total Borrrowers of Samples
Avg
Min
Max
Std Dev
By Inst Type
By Country

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to