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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: 118 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
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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# Institutions
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# Borrowers
Loan Portfolio (USD)
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% Products with one or more insurances
% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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