| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.meanwoodfinance.co.zm/ |
| Year established | 2005 |
| Head of Institution | Daka Timothy |
| Regions active | |
| # Branches | 0 |
| Total Portfolio (nat'l) | ZMK 9,000,000,000 |
| Total Portfolio (USD) | USD 1,739,130.44 |
| Active clients with loans | 4,889 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | AMIZ |
| Funders |
| 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 |
| 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 | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| ACLEDA | 235,200 | 215,086,000 | 6 | 160 |
| AMK | 288,200 | 63,784,000 | 16 | 132 |
| AMRET | 299,500 | 149,542,000 | 8 | 132 |
| Chamroeun | 48,100 | 7,480,000 | 4 | 113 |
| Farmer Finance | 200 | 407,000 | 1 | 132 |
| First Finance | 500 | 5,819,000 | 1 | 132 |
| HKL | 73,400 | 93,842,000 | 3 | 132 |
| KREDIT | 61,800 | 59,319,000 | 9 | 132 |
| Maxima | 2,900 | 3,179,000 | 3 | 132 |
| PRASAC | 138,500 | 251,931,000 | 9 | 132 |
| Seilanithih | 15,200 | 7,516,000 | 5 | 132 |
| SPN | 35,100 | 29,828,000 | 6 | 132 |
| TPC | 120,000 | 45,931,000 | 13 | 132 |
| VF Cambodia | 148,600 | 48,984,000 | 18 | 132 |
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