| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.banco-solidario.com/ |
| Year established | 1996 |
| Head of Institution | MICHEL BURBANO VALENZUELA |
| Regions active | |
| # Branches | 37 |
| Total Portfolio (nat'l) | USD 289,095,675 |
| Total Portfolio (USD) | USD 289,095,675 |
| Active clients with loans | 134,799 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Accion Internacional, Red Financiera Rural |
| Funders | Banco Universal S.A Unibanco, Accion, SPC, Northstar Investments Holdings Corporation, Indemnity Advisors Inc |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microempresa | USD 1,000 - 20,000 | 6 - 49.7 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business | Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microempresa | 19.0%-27.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 24.2% - 27% | 26.2% - 30.5% | 66 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| AB Bank | 300 | 307,000 | 2 | 146 |
| AMZ | 4,900 | 651,000 | 2 | 146 |
| CETZAM | 6,700 | 2,210,000 | 4 | 146 |
| Eclof Zambia | 200 | 111,000 | 4 | 146 |
| Empowerment | 1,500 | 447,000 | 5 | 146 |
| FINCA Zambia | 43,700 | 16,420,000 | 4 | 103 |
| Harmos | 9,800 | 1,398,000 | 3 | 146 |
| Kungoma | 43 | 18,000 | 2 | 146 |
| MBT | 13,900 | 1,563,000 | 5 | 146 |
| Meanwood | 2,000 | 1,766,000 | 5 | 146 |
| PFSL | 1,300 | 3,506,000 | 3 | 146 |
| Zambia CRC | 30 | 1,000 | 1 | 146 |
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