| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1997 |
| Head of Institution | P.V. Ravikumar |
| Regions active | |
| # Branches | 8 |
| Total Portfolio (nat'l) | INR 315,140,153 |
| Total Portfolio (USD) | USD 5,946,040.62 |
| Active clients with loans | 36,543 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | N/A |
| Website address | http://www.concernuniversal.org/ |
| Year established | 2000 |
| Head of Institution | Ezikiel Phiri |
| Regions active | 0 |
| # Branches | 2 |
| Total Portfolio (nat'l) | MWK 185,000,000 |
| Total Portfolio (USD) | USD 1,233,333.33 |
| Active clients with loans | 40,000 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MAMN, The MIX Market |
| Funders | Concern Universal, USAID, FIMA, Irish Aid |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | INR 5,000 - 50,000 | 12 - 60 | 80% - 100% | 20% - 40% | Any Purpose | Women | Group Mtgs, Credit Ins, Business Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fumba (Agricultural Loan) | MWK 5,000 - 40,000 | 6 | 80% - 100% | 0% - 20% | ||||||||||
| Masika (Village Enterprise Loan) | MWK 1,000 - 90,000 | 4 - 6 | 80% - 100% | 0% - 20% | ||||||||||
| Mtenthandevu (Small Holder Tea Growers) | MWK 5,000 - 100,000 | 4 - 6 | 40% - 60% | 0% - 20% |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fumba (Agricultural Loan) | 60.00% annual, Flat | 1 Fee | 0 Ins | N/A | 70.8% | 76% | ||||||||||
| Masika (Village Enterprise Loan) | 48.00%-72.00% annual, Flat | 2 Fees | 0 Ins | 90.4% - 92.6% | 107.2% - 109.9% | |||||||||||
| Mtenthandevu (Small Holder Tea Growers) | 48.00% annual, Flat | 1 Fee | 0 Ins | 48.4% - 48.7% | 54.7% - 57.3% |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 0 | 20.2% - 20.6% | 31% - 37.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Generating Loan | 19.2% annual, Decl Bal | 1 Fee | 1 Ins Ins | None | 20.0% upfront 50.00 ongoing | 20.2% - 20.6% | 31% - 37.2% | 58 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fumba (Agricultural Loan) | 60.00% annual, Flat | 1 Fee | 0 Ins Ins | N/A | 70.8% | 76% | ||||||||||
| Masika (Village Enterprise Loan) | 48.00%-72.00% annual, Flat | 2 Fees | 0 Ins Ins | 90.4% - 92.6% | 107.2% - 109.9% | |||||||||||
| Mtenthandevu (Small Holder Tea Growers) | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | 48.4% - 48.7% | 54.7% - 57.3% |
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