| Institution Type | Other |
| Is this institution regulated? | No |
| Website address | http://www.musoni.eu |
| Year established | 2010 |
| Head of Institution | James Onyutta |
| Regions active | Central, Eastern, Nairobi, Nyanza, Rift Valley |
| # Branches | 15 |
| Total Portfolio (nat'l) | KES 495,960,483 |
| Total Portfolio (USD) | USD 5,989,860.91 |
| Active clients with loans | 16,077 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
| Funders | Musoni Investment, Access Africa Fund ( Managed by Microvest), KFW, Grameen Foundation |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2004 |
| Head of Institution | Alejandro Macas |
| Regions active | |
| # Branches | 1 |
| Total Portfolio (nat'l) | USD 705,025.49 |
| Total Portfolio (USD) | USD 705,025.49 |
| Active clients with loans | 2,200 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | KES 5,000 - 140,000 | 3 - 12 | 40% - 60% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
| Tuelimike ( School Fee Loan) | KES 5,000 - 70,000 | 3 - 9 | 40% - 60% | 60% - 80% | Education | Women, Men, Have business | Group Mtgs, Business Training, Other Training | |||||||
| Wepesi ( Emengency Loan | KES 5,000 - 30,000 | 1 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business | Business Training, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microcrédito (mensual) | USD 200 - 2,000 | 3 - 24 | 80% - 100% | 40% - 60% | Any Purpose | Women | Group Mtgs, Credit Ins | |||||||
| Microcrédito (semanal) | USD 200 - 2,000 | 3 - 24 | 80% - 100% | 40% - 60% | Any Purpose | Women | Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
| Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
| Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins | None | N/A | 93.6% | 93.6% | 96 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microcrédito (mensual) | 21.0% annual, Decl Bal | 0 Fees | 1 Ins | None | 7.0% upfront 4.00 ongoing | 20.8% - 21% | 26% - 28.9% | 77 | ||||||||
| Microcrédito (semanal) | 21.0% annual, Decl Bal | 0 Fees | 1 Ins | None | 7.0% upfront 1.00 ongoing | 22.7% - 22.8% | 28.5% - 33% | 69 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
| Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
| Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins Ins | None | N/A | 93.6% | 93.6% | 96 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microcrédito (mensual) | 21.0% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 7.0% upfront 4.00 ongoing | 20.8% - 21% | 26% - 28.9% | 77 | ||||||||
| Microcrédito (semanal) | 21.0% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 7.0% upfront 1.00 ongoing | 22.7% - 22.8% | 28.5% - 33% | 69 |
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