| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2011 |
| Head of Institution | Michael Barleon |
| Regions active | |
| # Branches | 1 |
| Total Portfolio (nat'l) | ZMK 4,225,572,000 |
| Total Portfolio (USD) | USD 816,535.65 |
| Active clients with loans | 738 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | Bankers Association of Zambia |
| Funders | International Finance Corporation (IFC), European Investment Bank (EIB), Incofin, KfW |
| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2008 |
| Head of Institution | Amadu Montia |
| Regions active | 0 |
| # Branches | 2 |
| Total Portfolio (nat'l) | GHS 1,800,000 |
| Total Portfolio (USD) | USD 1,200,000 |
| Active clients with loans | 3,523 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | GHAMFIN, GCSCA |
| Funders | MiDA |
| 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 |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 0 | 0 | 0% - 20% | 80% - 100% | ||||||||||
| Group Loan | GHS 100 - 1,000 | 4 | 80% - 100% | 80% - 100% | ||||||||||
| MiDA Loans | GHS 100 - 2,000 | 18 - 36 | 80% - 100% | 80% - 100% |
| 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 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 0.00% annual, 0 | 0 Fees | 0 Ins | 97% - 111.3% | 108.2% - 128.8% | |||||||||||
| Group Loan | 36.00%-0.00% annual, Flat | 0 Fees | 0 Ins | 103.3% - 105% | 122.9% - 125.1% | 29 | ||||||||||
| MiDA Loans | 30.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 57.2% | 67% | 44 |
| 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 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 Ins | None | N/A | 74.5% - 78.8% | 74.5% - 78.8% | 91 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Support Loan | 0.00% annual, 0 | 0 Fees | 0 Ins Ins | 97% - 111.3% | 108.2% - 128.8% | |||||||||||
| Group Loan | 36.00%-0.00% annual, Flat | 0 Fees | 0 Ins Ins | 103.3% - 105% | 122.9% - 125.1% | 29 | ||||||||||
| MiDA Loans | 30.00%-0.00% annual, Flat | 1 Fee | 0 Ins Ins | 57.2% | 67% | 44 |
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