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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: 110 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.meanwoodfinance.co.zm/
Year established2005
Head of InstitutionDaka Timothy
Regions active
# Branches0

Total Portfolio (nat'l)ZMK 9,000,000,000
Total Portfolio (USD)USD 1,739,130.44
Active clients with loans4,889
Approximate % female clients20% - 40%
Approximate % urban clients80% - 100%
Network affiliationsAMIZ
Funders

Loan Products » Summary

163 Borrowers
USD 888,888.89 Portfolio
Active Product
370 Borrowers
USD 177,004.83 Portfolio
Active Product
550 Borrowers
USD 347,826.09 Portfolio
Active Product
374 Borrowers
USD 62,995.17 Portfolio
Active Product
567 Borrowers
USD 289,855.07 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loans ZMK 5,000,000 - 1,100,000,000 1 - 6 20% - 40% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Group Loans ZMK 500,000 - 10,000,000 3 - 6 60% - 80% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Other Training
Personal Loans ZMK 500,000 - 20,000,000 1 - 3 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins
Salary Advance ZMK 100,000 - 5,000,000 1 40% - 60% 80% - 100% Education, Other Women, Men, Salaried worker Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Other Training
Scheme Loans ZMK 500,000 - 50,000,000 1 - 12 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker 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
Business Loans 96.0%-120.0% annual, Flat 2 Fees 0 Ins None N/A 224.9% - 233.5% 224.9% - 233.5% 42
Group Loans 72.0%-96.0% annual, Flat 0 Fees 0 Ins None 10.0% upfront 108.1% - 139.4% 126.6% - 161.7% 49
Personal Loans 120.0%-144.0% annual, Flat 1 Fee 0 Ins None 10.0% upfront 217.9% - 229.5% 252% - 265.7% 46
Salary Advance 276.0% annual, Flat 0 Fees 0 Ins None N/A 270.3% - 280.2% 270.3% - 280.2% 100
Scheme Loans 60.0%-96.0% annual, Flat 0 Fees 0 Ins None N/A 77.6% - 146.2% 77.6% - 146.2% 58
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011118
ANED5,4006,579,000377
Banco FIE231,100569,322,000677
BancoSol215,300861,418,0003077
CIDRE8,500126,578,000877
Coop Fatima6,30044,280,0007118
CRECER166,900134,626,0001377
Diaconia67,00085,734,000277
Ecofuturo59,200226,839,000577
EMPRENDER8,7002,380,0003118
Fassil FFP57,600325,081,000577
FONCRESOL3,9009,573,000377
FONDECO14,20024,274,000377
Fortaleza20,100164,530,0001377
FUBODE29,40024,444,000777
FUNBODEM8,60015,798,000977
IDEPRO10,40040,479,000277
IMPRO2,4002,885,000477
ProCredit84,300257,487,0008118
PRODEM44,90062,529,000477
ProMujer BOL115,20050,753,000377
Sartawi14,60026,842,000877
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Key Statistics
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# Borrowers
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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