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Institution

Rwanda Microfinance Limited Head OfficeKigaliPO Box 6839
Data approved: 2012-08-10
Data version: 2
Age of data: 91 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.microafricagroup.com/
Year established2004
Head of InstitutionBernard Kivava
Regions activeMuhanga, Musanze, Nyarugenge
# Branches4

Total Portfolio (nat'l)RWF 2,223,220,010
Total Portfolio (USD)USD 3,473,781.27
Active clients with loans4,960
Approximate % female clients20% - 40%
Approximate % urban clients20% - 40%
Network affiliationsAMIR
FundersMicro Africa Ltd, Ezra Bunyenyezi

Loan Products » Summary

3,231 Borrowers
USD 776,788 Portfolio
Active Product
957 Borrowers
USD 835,114.53 Portfolio
Active Product
SME
772 Borrowers
USD 1,862,441.23 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group Loan RWF 30,000 - 1,000,000 6 - 12 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Salary Loan RWF 100,000 - 5,000,000 6 - 12 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins
SME Loan RWF 1,000,000 - 15,000,000 6 - 24 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group Loan 48.00% annual, Decl Bal 1 Fee 1 Ins None 10.00% upfront 59% - 62.4% 72.5% - 78.4% 63
Salary Loan 48.00%-60.00% annual, Decl Bal 2 Fees 1 Ins None N/A 52.7% - 67.3% 55.3% - 71.4% 75
SME Loan 48.00%-60.00% annual, Decl Bal 1 Fee 1 Ins None 0.00%-20.00% upfront 56.2% - 66.3% 88.3% - 101.3% 49
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000187
AMPL00087
Arman41,500529,107,000187
Arohan43,5008,091,000287
ASA INDIA164,00015,380,000187
Asirvad113,50019,328,000187
Asmitha1,114,800217,867,000187
Bandhan4,048,600674,564,000587
Belstar123,00023,945,000266
BSFL275,20031,590,000387
Chaitanya20,7003,748,000387
Disha Microfin69,00014,332,000287
Equitas1,220,000186,415,000487
ESAF354,20043,500,000587
FFSL150,60035,719,000287
Fusion66,8009,820,000287
Grama Vidiyal738,200102,101,000187
Grameen Koota586,60083,555,0001589
Janalakshmi506,000119,077,000287
L & T Finance399,80037,199,000187
MFL331,80049,083,000187
MMFL175,00023,752,000287
Mpower13,6002,263,000287
Sahayata00087
Saija24,7004,682,000287
Samasta45,5004,809,000287
Satin405,60090,174,000287
SCCI115,60015,910,000287
Share2,195,400376,727,000187
SKS3,409,000355,029,000287
SMILE360,20056,927,000187
SNFL9,4001,779,000187
Sonata Finance158,20022,724,000389
Spandana533,400147,240,000287
Suryoday78,60014,713,000387
SVCL118,20018,886,000187
Swadhaar92,80017,166,000387
Trident68,7008,852,000187
Ujjivan913,300160,848,000587
Utkarsh168,60025,915,000387
VFS175,40019,264,000287
Asomi50,3004,743,0002120
AES India3,600286,0001120
Arth2,900611,0002120
Asomi50,3004,743,0002120
Barasat GS1,10099,508.021120
BJS6,000468,0001120
Cashpor417,00050,452,0001119
Credible10,0001,669,540.362120
DIBAKAR1,800145,0001119
GOF65,2005,388,0004119
Hope62,6004,407,0001117
Jaago2,700237,0001118
LOK4,900573,0001119
Nano25,6003,660,0002120
NBSAAVS28,1002,821,0001117
Nirantara8,200917,0002119
Parama7,100482,0001119
Pragathi26,2004,579,0006119
PWMACS36,5005,946,0001119
Saadhana90,90012,046,0002119
Sambhav1,500183,0003119
Seba Rahara6,700468,0001119
SU61,1005,498,0001119
Swayanshree7,900918,0002119
Vikas Samiti1,600168,0001119
Vistaar4,3001,157,0002117
We The People1,100244,0002119
WEMCS1,10085,0001119
Yukti1,10099,0002119
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Key Statistics
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Loan Portfolio (USD)
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% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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