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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: 102 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
AGFS20047,000295
Ahantaman RB23,8009,896,000477
APED13,7001,876,000277
ASA Initiative4,400577,000477
ASA-Ghana71,60018,385,000277
ASPI80088,000677
Atwima Kwanwoma3,8001,788,000277
Baobab5,100967,000277
BestFUND13,0004,172,000377
Bonzali Rural10,4001,691,000495
CashPhase83135,000277
CASUD1,100524,000177
CEDEF50054,000477
CFF10013,000177
CRAN3,6001,019,000277
DQF1,70063,000277
EASL9,20011,409,000677
East Mamprusi12,5002,268,000477
ELDA00077
EMPRETEC Ghana20056,000277
FASL13,50014,047,000877
Grameen Ghana9,500507,000377
ID-Ghana5,600953,000377
Innovative Finance2,700354,000377
Kraban Support7,700781,000595
KRB4,0006,350,000377
Lower Pra RB34,0006,316,000395
Maata-N-Tudu12,000941,000477
Mail Finance300288,000177
Markaz00077
Markaz Al Bishara10017,000177
MicrofinPlus Gh1,100251,000277
Nwabiagya RB4,0002,265,000377
OISL62,00027,232,000977
Pro Credit00077
Rich Step100101,000177
SAT147,60029,359,000477
Sekam Trust600137,000277
Simli Pong8,900463,000395
SS Ghana20035,000177
TCCU10032,000377
The Bridge40032,000395
Union RB3,8002,361,000477
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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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