| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 1996 |
| Head of Institution | Yolanda Haro Davila |
| Regions active | |
| # Branches | 7 |
| Total Portfolio (nat'l) | USD 7,934,963.10 |
| Total Portfolio (USD) | USD 7,934,963.10 |
| Active clients with loans | 2,059 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Red Financiera Rural, Ucaccentro |
| Funders | Red Financiera Rural, Ucaccentro |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | Nkosilathi Moyo |
| Regions active | |
| # Branches | 0 |
| Total Portfolio (nat'l) | ZMK 7,227,940,834 |
| Total Portfolio (USD) | USD 1,396,703.54 |
| Active clients with loans | 9,803 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Association of Microfinance Institutions in Zambia |
| Funders | World Vision, Cordaid |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credi - Emergente | USD 200 - 500 | 3 - 8 | 40% - 60% | 40% - 60% | Any Purpose | Women, Men, Have business, Have home or land, Salaried worker, Hacer un ahorro mensual de minimo 10,00 mensuales durante 1 año. | ||||||||
| Microcredito | USD 100 - 20,000 | 1 - 48 | 80% - 100% | 60% - 80% | Business | Women, Men, Have business, Have home or land, Salaried worker | Credit Ins |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | ZMK 750,000 - 2,500,000 | 4 - 24 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training | |||||||
| Business Loan | ZMK 500,000 - 90,000,000 | 3 - 12 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credi - Emergente | 19.0% annual, Decl Bal | 0 Fees | 1 Ins | None | 10.00 ongoing | 0% | 0% | N/A | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 1 Ins | None | 5.00 ongoing | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins | None | N/A | 99.3% - 104.2% | 105.6% - 108.1% | 47 | ||||||||
| Business Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins | None | 18.0% upfront | 86.6% - 102.1% | 124% - 144.9% | 37 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Credi - Emergente | 19.0% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 10.00 ongoing | 0% | 0% | N/A | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 1 Ins Ins | None | 5.00 ongoing | 0% | 0% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agriculture Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins Ins | None | N/A | 99.3% - 104.2% | 105.6% - 108.1% | 47 | ||||||||
| Business Loan | 51.0%-63.0% annual, Flat | 2 Fees | 1 Ins Ins | None | 18.0% upfront | 86.6% - 102.1% | 124% - 144.9% | 37 |
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