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Institution

Meanwood Finance Corporation Limited Design HouseCairo RoadLusakaPO Box 31334
Data approved: 2011-12-12
Data version: 1
Age of data: 109 months

Product

Business Loans Product 1 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (ZMK)ZMK 4,600,000,000
Portfolio (USD)USD 888,888.89
Active Clients with Loans163
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
These are loans for registered small medium enterprises(SME's) and private businesses.The borrower is suppose to have a running business for atleast six months.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
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 group
Other
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
CurrencyZMK
Minimum loan sizeZMK 5,000,000
Maximum loan size1,100,000,000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term6.0 months
Approx average3.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest8.00%
Highest quoted nominal interest10.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionFacility FeesLoan Processing Fee
% of loan amount - min2.50%0
% of loan amount - max2.50%0
OR, Fixed amount - min0300,000
Fixed amount - max0500,000
Reason for variationN/AN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
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

Full Pricing Data

Business Loans samples
Sample 1Sample 2Sample 3
Loan AmountZMK 5,000,000ZMK 5,000,000ZMK 5,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-01-272011-01-192010-11-19
Loan Term (Months)6.0 months6.0 months3.0 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 Component226.5%224.9%233.5%
Insurance Component0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)226.5%224.9%233.5%
Transparency Index424341
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Business Loans Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,000185
AMPL00085
Arman41,500529,107,000185
Arohan43,5008,091,000285
ASA INDIA164,00015,380,000185
Asirvad113,50019,328,000185
Asmitha1,114,800217,867,000185
Bandhan4,048,600674,564,000585
Belstar123,00023,945,000263
BSFL275,20031,590,000385
Chaitanya20,7003,748,000385
Disha Microfin69,00014,332,000285
Equitas1,220,000186,415,000485
ESAF354,20043,500,000585
FFSL150,60035,719,000285
Fusion66,8009,820,000285
Grama Vidiyal738,200102,101,000185
Grameen Koota586,60083,555,0001587
Janalakshmi506,000119,077,000285
L & T Finance399,80037,199,000185
MFL331,80049,083,000185
MMFL175,00023,752,000285
Mpower13,6002,263,000285
Sahayata00085
Saija24,7004,682,000285
Samasta45,5004,809,000285
Satin405,60090,174,000285
SCCI115,60015,910,000285
Share2,195,400376,727,000185
SKS3,409,000355,029,000285
SMILE360,20056,927,000185
SNFL9,4001,779,000185
Sonata Finance158,20022,724,000387
Spandana533,400147,240,000285
Suryoday78,60014,713,000385
SVCL118,20018,886,000185
Swadhaar92,80017,166,000385
Trident68,7008,852,000185
Ujjivan913,300160,848,000585
Utkarsh168,60025,915,000385
VFS175,40019,264,000285
Asomi50,3004,743,0002117
AES India3,600286,0001117
Arth2,900611,0002117
Asomi50,3004,743,0002117
Barasat GS1,10099,508.021117
BJS6,000468,0001117
Cashpor417,00050,452,0001116
Credible10,0001,669,540.362117
DIBAKAR1,800145,0001116
GOF65,2005,388,0004116
Hope62,6004,407,0001114
Jaago2,700237,0001115
LOK4,900573,0001116
Nano25,6003,660,0002117
NBSAAVS28,1002,821,0001114
Nirantara8,200917,0002116
Parama7,100482,0001116
Pragathi26,2004,579,0006116
PWMACS36,5005,946,0001116
Saadhana90,90012,046,0002116
Sambhav1,500183,0003116
Seba Rahara6,700468,0001116
SU61,1005,498,0001116
Swayanshree7,900918,0002116
Vikas Samiti1,600168,0001116
Vistaar4,3001,157,0002114
We The People1,100244,0002116
WEMCS1,10085,0001116
Yukti1,10099,0002116
Caps / Zoom options
Key Statistics
# Samples:
# Products
# Institutions
# Countries
# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
% Products with one or more insurances
% Products with compulsory deposits
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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