| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.microafricagroup.com/ |
| Year established | 2000 |
| Head of Institution | Timothy Carson |
| Regions active | 0 |
| # Branches | 4 |
| Total Portfolio (nat'l) | KES 118,000,000 |
| Total Portfolio (USD) | USD 1,425,120.77 |
| Active clients with loans | 3,025 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Biashara | KES 100,000 - 500,000 | 3 - 12 | 20% - 40% | 40% - 60% | Business, Housing, Other, aimed at business expansions | Women, Men, Have business, Have home or land, Must confirm having an on going business | Credit Educ, Credit Ins, Tech Asst Visits, Business Training, Other Training | |||||||
| Group | KES 3,000 - 100,000 | 3 - 12 | 60% - 80% | 20% - 40% | Any Purpose | Women, Men, Have business, Must be known by the other members | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training | |||||||
| Maji Nyumbani | KES 5,500 - 80,000 | 1 - 12 | 60% - 80% | 0% - 20% | Housing, Consumer, This loan is for the purchase of water tanks, the tanks can be for any use privately or business | Women, Men | Other Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Biashara | 36.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 0% | 0% | N/A | ||||||||
| Group | 18.0% annual, Flat | 1 Fee | 1 Ins | None | 15.0% upfront | 0% | 0% | N/A | ||||||||
| Maji Nyumbani | 19.9% annual, Flat | 1 Fee | 0 Ins | None | N/A | 0% | 0% | N/A |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| Actuar Caldas | 3,700 | 5,247,000 | 1 | 160 |
| Actuar Quindio | 2,300 | 2,800,000 | 2 | 160 |
| Actuar Tolima | 8,800 | 5,099,000 | 3 | 160 |
| Amanecer | 4,300 | 8,253,000 | 4 | 160 |
| Banco Agrario | 56,300 | 39,938,000 | 3 | 160 |
| Banco WWB | 219,400 | 294,019,000 | 5 | 155 |
| Bancolombia | 36,200 | 51,563,000 | 1 | 160 |
| BdO | 10,400 | 7,945,000 | 2 | 160 |
| Comerciacoop | 1,600 | 3,255,000 | 4 | 160 |
| Confiar | 43,800 | 81,993,000 | 7 | 160 |
| Congente | 5,400 | 20,045,000 | 2 | 160 |
| Contactar | 25,100 | 20,184,000 | 2 | 160 |
| Crezcamos | 27,500 | 22,564,000 | 4 | 160 |
| Finamerica | 39,800 | 99,536,000 | 7 | 160 |
| FMM Popayán | 310,000 | 243,614,000 | 3 | 160 |
| FMSD | 6,800 | 9,236,000 | 6 | 160 |
| Fomentamos | 900 | 102,000 | 1 | 160 |
| Fund DeLaMujer | 199,900 | 165,568,000 | 1 | 160 |
| Fund Oleoductos | 500 | 435,000 | 1 | 155 |
| FUNDAUNIBAN | 600 | 1,307,000 | 2 | 160 |
| FUNDESAN | 2,400 | 2,521,000 | 5 | 160 |
| FUNDESMAG | 1,000 | 1,698,000 | 2 | 160 |
| Interactuar | 30,200 | 93,846,000 | 4 | 160 |
| MEDA | 15,600 | 27,322,000 | 2 | 160 |
| ProCredit CO | 5,700 | 18,569,000 | 3 | 160 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
