Please note that the information you are viewing is 156 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

AB Bank Zambia Chainda Place, Off Cairo RoadLusaka
Data approved: 2012-03-30
Data version: 1
Age of data: 156 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addressN/A
Year established2011
Head of InstitutionMichael Barleon
Regions active
# Branches1

Total Portfolio (nat'l)ZMK 4,225,572,000
Total Portfolio (USD)USD 816,535.65
Active clients with loans738
Approximate % female clients40% - 60%
Approximate % urban clients80% - 100%
Network affiliationsBankers Association of Zambia
FundersInternational Finance Corporation (IFC), European Investment Bank (EIB), Incofin, KfW

Loan Products » Summary

193 Borrowers
USD 125,516.70 Portfolio
Active Product
134 Borrowers
USD 182,329.08 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
AB Business Flexi ZMK 1,000,000 - 5,000,000 3 - 20 40% - 60% 40% - 60% Business Women, Men, Have business, Zambian Resident, At least 21 years Credit Educ, Business Training
AB Business Plus ZMK 5,000,001 - 15,000,000 3 - 20 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
AB Business Flexi 72.0% annual, Decl Bal 1 Fee 0 Ins None N/A 79.3% - 81.7% 79.3% - 81.7% 89
AB Business Plus 69.0% annual, Decl Bal 1 Fee 0 Ins None N/A 74.5% - 78.8% 74.5% - 78.8% 91
Institution Price Graph
Please note that the information you are viewing is 159 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco ProCredit Colombia S.A. Av Calle 39 No 13 A 16Bogotá, Cundinamarca
Data approved: 2011-08-01
Data version: 1
Age of data: 159 months

Product

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Product Details

Key Statistics
Outstanding portfolio (COP)COP 33,528,903,983
Portfolio (USD)USD 18,422,474.72
Active Clients with Loans5,657
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
OtherTambién se otorgan prestamos a personas jurídicas, donde generalmente firman como garantía personal el representante legal y los socios
Description
Crèdito dirigido a aquellos clientes que son propietarios de una unidad de negocio o una empresa con mà¬nimo 1 año de antigàŒedad. El destino del crèdito es la financiacià²n de capital de trabajo o compra de activo fijo.
Loan Purpose
Any purpose
Income generationx
Mortgage/housingx
Consumer loan
Agriculture
Educationx
Other household financex
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age groupx
OtherPersona Jurídica
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 5,000,000
Maximum loan size61,800,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term36.0 months
Approx average24.0 months
Grace Period
Grace period usage10%
Average grace period3.0 months
Repayment Frequency
Dailyx
Weeklyx
Every 2 weeksx
Every 4 weeksx
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end paymentx
Irregular paymentsx

Pricing Information

Interest
Lowest quoted nominal interest2.46%
Highest quoted nominal interest2.46%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionComisio Ley Mipyme
% of loan amount - min5.22%
% of loan amount - max8.75%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1Ins 2
DescriptionSeguro DañosSeguro de Deudor - % sobre saldo.
% of loan amount - min04.00%
% of loan amount - max0.46%4.00%
OR, Fixed amount - min00
Fixed amount - max00
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
FNG - Fondo Nacional de Garantías. Solamente para algunos préstamos de este producto. Esta comisión se cobra sobre el saldo a capital del crédito al cierre de cada mes.

Full Pricing Data

Crédito para muy pequeña Empresa samples
Sample 1Sample 2Sample 3
Loan AmountCOP 10,500,000COP 60,000,000COP 60,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-03-112011-04-072011-04-28
Loan Term (Months)36.0 months24.0 months60.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component40.3%34.0%24.5%
Insurance Component0.4%0.4%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)40.7%34.4%24.5%
Transparency Index7286100
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Crédito para muy pequeña Empresa Price Graphs


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