| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.oibm.mw/ |
| Year established | 2003 |
| Head of Institution | Cosmus Kowuoche |
| Regions active | Dedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Salima, ChitipaKaronga, Mzimba, Nkhata Bay, Rumphi, Blantyre, ChikwawaMangochi, Mulanje |
| # Branches | 33 |
| Total Portfolio (nat'l) | MWK 3,598,720,264 |
| Total Portfolio (USD) | USD 9,227,487.86 |
| Active clients with loans | 52,649 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Opportunity International, MAMN, Bankers Association of Malawi |
| Funders | Opportunity Transformation Investment, Opportunity Microfinance Investment, Trust for Transformation, Africap |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | MWK 200,000 - 50,000,000 | 3 - 48 | 20% - 40% | 0% - 20% | Business | Women, Men, Running a farming enterprise | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Masiko (Group) Loan | MWK 140,000 - 2,800,000 | 4 - 9 | 40% - 60% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training | |||||||
| Mzati (Individual) Loan | MWK 50,000 - 1,000,000 | 3 - 12 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business, Have home or land, Must have assets as collateral | Credit Educ, Credit Ins, Business Training, Other Training, Social Issues Training (HIV/AIDS, Gender, Vision Building),, Mthunzi (Shelter) Insurance | |||||||
| Payroll Loan | MWK 15,000 - 4,000,000 | 3 - 48 | 20% - 40% | 40% - 60% | Any Purpose | Women, Men, Salaried worker, Age must be above 18 years | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 37.00%-40.00% annual, Decl Bal | 1 Fee | 0 Ins | None | 15.00% upfront | 33.6% - 33.9% | 38.7% - 39% | 95 | ||||||||
| Masiko (Group) Loan | 48.75% annual, Flat | 1 Fee | 0 Ins | None | 15.00% upfront | 72.5% - 74.7% | 90.5% - 94.1% | 52 | ||||||||
| Mzati (Individual) Loan | 42.00% annual, Flat | 2 Fees | 1 Ins | None | 15.00% upfront | 70% - 111.5% | 92.3% - 144.5% | 39 | ||||||||
| Payroll Loan | 45.00% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 34.7% - 45.7% | 34.7% - 45.7% | 100 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| 1st Valley Bank | 38,900 | 48,291,000 | 3 | 151 |
| AJDFI | 13,100 | 884,000 | 6 | 151 |
| ARDCI | 44,600 | 9,403,000 | 1 | 151 |
| ASA Philippines | 333,400 | 29,282,000 | 1 | 151 |
| ASHI | 35,400 | 5,231,000 | 6 | 151 |
| ASKI | 60,000 | 15,247,000 | 4 | 151 |
| Bangko Kabayan | 8,900 | 2,373,000 | 2 | 151 |
| BSEI | 600 | 73,000 | 2 | 151 |
| CBI | 8,100 | 2,010,000 | 5 | 151 |
| CCT | 70,300 | 9,504,000 | 4 | 151 |
| CEV | 35,400 | 5,111,000 | 4 | 151 |
| DSPI | 59,300 | 3,676,000 | 3 | 151 |
| ECLOF | 5,400 | 1,836,000 | 4 | 151 |
| FCB | 12,000 | 2,392,000 | 2 | 151 |
| FMB | 2,700 | 710,000 | 2 | 151 |
| GM Bank | 23,500 | 1,553,000 | 3 | 151 |
| HSPFI | 19,100 | 1,899,000 | 2 | 151 |
| JVOFI | 1,300 | 281,000 | 1 | 151 |
| Katipunan Bank | 42,100 | 5,325,000 | 2 | 151 |
| KDCI | 20,500 | 2,095,000 | 3 | 151 |
| KGI | 32,300 | 3,421,000 | 4 | 151 |
| KMBI | 245,000 | 15,098,000 | 1 | 151 |
| LTMPC | 37,400 | 8,935,000 | 3 | 151 |
| Mallig Plains | 6,500 | 641,000 | 2 | 151 |
| MILAMDEC | 29,800 | 3,278,000 | 2 | 151 |
| MWIMPC | 11,800 | 1,740,000 | 4 | 150 |
| NWTF | 105,500 | 12,698,000 | 5 | 151 |
| OFMPC | 4,400 | 964,000 | 1 | 151 |
| PBC | 50,700 | 10,434,000 | 4 | 151 |
| PCSD | 700 | 167,000 | 1 | 151 |
| PMPC | 23,500 | 5,565,000 | 8 | 151 |
| RB Angeles | 900 | 1,502,000 | 2 | 151 |
| RB Labason | 500 | 289,000 | 1 | 151 |
| RBLI | 5,200 | 1,026,000 | 2 | 151 |
| RBMI | 11,900 | 1,750,000 | 2 | 151 |
| RMB | 100 | 173,000 | 1 | 151 |
| RSPI | 39,600 | 2,834,000 | 4 | 151 |
| SAFRAGEMC | 1,100 | 229,000 | 1 | 151 |
| Salve | 10,900 | 1,191,000 | 3 | 151 |
| SEDP | 27,000 | 3,914,000 | 3 | 151 |
| TSKI | 212,900 | 25,187,000 | 2 | 151 |
| TSPI | 264,500 | 31,290,000 | 7 | 151 |
| Valient | 1,700 | 672,000 | 2 | 151 |
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