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Institution

Empowerment Micro Finance institution ltd 72, Sikoongo RoadSiavonga, Zambia, Souther ProvinceP.O.BOX 183
Data approved: 2011-12-12
Data version: 1
Age of data: 118 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.celim.it/
Year established2008
Head of InstitutionElisa Morrone
Regions active
# Branches2

Total Portfolio (nat'l)ZMK 2,360,550,702
Total Portfolio (USD)USD 456,145.06
Active clients with loans1,559
Approximate % female clients60% - 80%
Approximate % urban clients0% - 20%
Network affiliationsAmiz, Mix Market
FundersRural Finance Programme/IFAD, European Union, CeLIM NGO

Loan Products » Summary

73 Borrowers
USD 38,260.87 Portfolio
Active Product
870 Borrowers
USD 343,257.28 Portfolio
Active Product
51 Borrowers
USD 18,014.51 Portfolio
Active Product
521 Borrowers
USD 46,667.90 Portfolio
Active Product
30 Borrowers
USD 1,352.66 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agricultural Input Loan ZMK 2,000,000 - 6,000,000 10 - 11 20% - 40% 0% - 20% Business, Agriculture Women, Men, Small scale farmers, minimum one hectare Business Training, Microcredit Scheme
Individual Loan ZMK 500,000 - 7,000,000 4 - 12 40% - 60% 0% - 20% Business Women, Men, Have business Credit Ins, Household Approach, Monthly follow up of clients
Salary Backed Loan ZMK 500,000 - 7,000,000 2 - 10 20% - 40% 60% - 80% Any Purpose Women, Men, Salaried worker
Solidarity Group Loan ZMK 400,000 - 1,200,000 4 - 10 60% - 80% 0% - 20% Business Women, Men, Have business Record Keeping Training, Household Approach Training, Monthly Monitoring

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agricultural Input Loan 42.0% annual, Flat 0 Fees 1 Ins None N/A 56.6% - 56.8% 64.4% - 64.6% 65
Individual Loan 48.0% annual, Flat 1 Fee 0 Ins None N/A 69.7% - 82.9% 69.7% - 82.9% 62
Salary Backed Loan 30.0%-42.0% annual, Flat 1 Fee 0 Ins None N/A 48.9% - 50.6% 48.9% - 50.6% 60
Solidarity Group Loan 42.0%-60.0% annual, Flat 1 Fee 0 Ins None N/A 68.6% - 96% 68.6% - 96% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AGFS20047,0002112
Ahantaman RB23,8009,896,000494
APED13,7001,876,000294
ASA Initiative4,400577,000494
ASA-Ghana71,60018,385,000294
ASPI80088,000694
Atwima Kwanwoma3,8001,788,000294
Baobab5,100967,000294
BestFUND13,0004,172,000394
Bonzali Rural10,4001,691,0004112
CashPhase83135,000294
CASUD1,100524,000194
CEDEF50054,000494
CFF10013,000194
CRAN3,6001,019,000294
DQF1,70063,000294
EASL9,20011,409,000694
East Mamprusi12,5002,268,000494
ELDA00094
EMPRETEC Ghana20056,000294
FASL13,50014,047,000894
Grameen Ghana9,500507,000394
ID-Ghana5,600953,000394
Innovative Finance2,700354,000394
Kraban Support7,700781,0005112
KRB4,0006,350,000394
Lower Pra RB34,0006,316,0003112
Maata-N-Tudu12,000941,000494
Mail Finance300288,000194
Markaz00094
Markaz Al Bishara10017,000194
MicrofinPlus Gh1,100251,000294
Nwabiagya RB4,0002,265,000394
OISL62,00027,232,000994
Pro Credit00094
Rich Step100101,000194
SAT147,60029,359,000494
Sekam Trust600137,000294
Simli Pong8,900463,0003112
SS Ghana20035,000194
TCCU10032,000394
The Bridge40032,0003112
Union RB3,8002,361,000494
Caps / Zoom options
Key Statistics
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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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