Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001130
CEPESIU2,000939,0004130
COAC 4 Octubre2,2005,771,0002130
COAC Ambato1,30016,415,0002130
COAC FondVida2,5004,200,0004130
COAC LaBenefica2,5008,482,0006130
COAC MCCH5,30010,020,0002130
COAC Nacional30,70027,129,0002130
COAC San José10,40029,133,0005130
COAC SanAntonio1,0002,384,0003130
COAC SantaAnita2,0002,532,0006130
Codesarrollo14,40040,328,0007130
Coop San Miguel1,8004,754,0005127
CooP VPR7001,052,0004130
Cooprogreso7,90032,244,0004130
Credi Fe100,900380,039,0004130
D^Miro36,90027,692,0009123
DECOF2,200705,0002130
Espoir62,10021,036,0005130
FODEMI28,20012,924,0003130
Fundacion Alternativa4,3005,545,0002130
FUNDAMIC2,0001,468,0002130
INSOTEC7,0006,047,0004130
Luz del Valle6,40011,300,0003130
ProCredit43,800211,941,0002130
PS Ambato5,6002,771,0001130
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Institution

Finance Cooperative Limited ADL House, 3rd FloorCity CenterLilongwe, Central
Data approved: 2011-01-31
Data version: 1
Age of data: -   months 

Institution Details

Institution TypeCooperative
Is this institution regulated?N/A
Website addressN/A
Year established2004
Head of InstitutionAnthony Mtali Ngwira
Regions active0
# Branches4

Total Portfolio (nat'l)MWK 615,884,079
Total Portfolio (USD)USD 4,105,893.86
Active clients with loans33,228
Approximate % female clients80% - 100%
Approximate % urban clients60% - 80%
Network affiliationsMalawi Union of Savings and Credit Cooperations (MUSCCO), Malawi Microfinance Network (MAMN)
FundersHIVOS, CORDAID

Loan Products » Summary

9,968 Borrowers
USD 1,453,333 Portfolio
Active Product
5,989 Borrowers
USD 328,472 Portfolio
Active Product
4,984 Borrowers
USD 615,884 Portfolio
Active Product
665 Borrowers
USD 82,118 Portfolio
Active Product
21,598 Borrowers
USD 2,668,838 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Mpamba (Individual Business Loan) MWK 10,000 - 1,500,000 2 - 12 40% - 60% 20% - 40%
Mwai wa Mayi (Female Group Loan) MWK 10,000 - 100,000 2 - 8 80% - 100% 20% - 40%
Phindu (Group Business) MWK 10,000 - 250,000 3 - 12 20% - 40% 20% - 40%
Pompopompo (Emergency Loan) MWK 1,120 - 30,000 2 - 5 20% - 40% 60% - 80%
Uchikumbe (Agriculture Loan) MWK 7,500 - 200,000 4 - 10 20% - 40% 0% - 20%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Mpamba (Individual Business Loan) 32.00% annual, Flat 1 Fee 0 Ins N/A 0% - 66.6% 66.8% - 77%
Mwai wa Mayi (Female Group Loan) 36.00% annual, Flat 1 Fee 0 Ins N/A 63.9% - 65.7% 71.8% - 73.8%
Phindu (Group Business) 30.00% annual, Flat 2 Fees 0 Ins N/A 0% - 65.4% 67.1% - 75.8%
Pompopompo (Emergency Loan) 36.00% annual, Flat 1 Fee 0 Ins N/A 72.1% - 75.6% 85.6% - 89.8%
Uchikumbe (Agriculture Loan) 32.00% annual, Flat 2 Fees 0 Ins N/A 62.4% - 62.8% 68.4% - 69.4%
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