| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | http://www.microloanfoundation.org.uk/Home |
| Year established | 2002 |
| Head of Institution | Peter Matumbo |
| Regions active | Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, MachingaMangochi, Mulanje |
| # Branches | 20 |
| Total Portfolio (nat'l) | MWK 662,269,793 |
| Total Portfolio (USD) | USD 1,698,127.67 |
| Active clients with loans | 24,364 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | MAMN |
| Funders | Microloan Foundation, UK |
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.procredit.com.gh/ |
| Year established | 2002 |
| Head of Institution | Andre Radloff |
| Regions active | 0 |
| # Branches | 0 |
| Total Portfolio (nat'l) | GHS 39,657,346 |
| Total Portfolio (USD) | USD 26,438,230.67 |
| Active clients with loans | 8,924 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | ProCredit Group |
| Funders | ProCredit Holding, Frankfurt- Germany, DOEN Foundation, Amsterdam |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bridging Loan | MWK 65,000 - 180,000 | 6 - 10 | 80% - 100% | 0% - 20% | Business | Women, Have business | Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics | |||||||
| Irrigation Loan | MWK 18,000 - 80,000 | 3 - 7 | 80% - 100% | 0% - 20% | Business | Women, Have business | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics | |||||||
| Standard Loan | MWK 18,000 - 80,000 | 4 | 80% - 100% | 0% - 20% | Business | Women, Have business, Specific age group | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dyanamics |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agro Loans | GHS 2,000 - 150,000 | 1 - 60 | 0% - 20% | 0% - 20% | ||||||||||
| Business Loans | GHS 2,000 - 45,000 | 3 - 48 | 40% - 60% | 80% - 100% | ||||||||||
| Personal Loan | 0 | 0 | 20% - 40% | 80% - 100% | ||||||||||
| ProCredit Line (Overdraft) | GHS 2,000 - 150,000 | 1 - 12 | 40% - 60% | 80% - 100% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bridging Loan | 48.00% annual, Flat | 0 Fees | 0 Ins | None | 20.00% upfront | 75.7% - 75.8% | 107.4% - 107.5% | 44 | ||||||||
| Irrigation Loan | 57.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00%-20.00% upfront | 36.2% - 60.4% | 45.9% - 83.7% | 83 | ||||||||
| Standard Loan | 60.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00%-20.00% upfront | 97.1% - 108.4% | 147.6% - 166.7% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agro Loans | 30.00%-0.00% annual, Decl Bal | 1 Fee | 0 Ins | N/A | 43.8% - 54% | 43.8% - 54% | 63 | |||||||||
| Business Loans | 33.00%-0.00% annual, Decl Bal | 1 Fee | 0 Ins | N/A | 56.6% - 76.1% | 56.6% - 76.1% | 47 | |||||||||
| Personal Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 33.1% - 33.7% | 33.1% - 33.7% | |||||||||||
| ProCredit Line (Overdraft) | 39.60%-0.00% annual, Decl Bal | 2 Fees | 0 Ins | N/A | 0% | 0% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bridging Loan | 48.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 20.00% upfront | 75.7% - 75.8% | 107.4% - 107.5% | 44 | ||||||||
| Irrigation Loan | 57.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00%-20.00% upfront | 36.2% - 60.4% | 45.9% - 83.7% | 83 | ||||||||
| Standard Loan | 60.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00%-20.00% upfront | 97.1% - 108.4% | 147.6% - 166.7% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agro Loans | 30.00%-0.00% annual, Decl Bal | 1 Fee | 0 Ins Ins | N/A | 43.8% - 54% | 43.8% - 54% | 63 | |||||||||
| Business Loans | 33.00%-0.00% annual, Decl Bal | 1 Fee | 0 Ins Ins | N/A | 56.6% - 76.1% | 56.6% - 76.1% | 47 | |||||||||
| Personal Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 33.1% - 33.7% | 33.1% - 33.7% | |||||||||||
| ProCredit Line (Overdraft) | 39.60%-0.00% annual, Decl Bal | 2 Fees | 0 Ins Ins | N/A | 0% | 0% |
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