| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2005 |
| Head of Institution | Bewketu Alamirew |
| Regions active | |
| # Branches | 2 |
| Total Portfolio (nat'l) | ETB 1,269,733 |
| Total Portfolio (USD) | USD 69,007.23 |
| Active clients with loans | 1,269 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 80% - 100% |
| Network affiliations | AEMFI, NBE, New Life Community |
| Funders | New Life Community |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | ETB 300 - 10,000 | 12 | 80% - 100% | 80% - 100% | Business, Consumer | Women, Men, Have business, Salaried worker | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| General Loan | 16.0% annual, Flat | 0 Fees | 1 Ins | None | 10.0% upfront 5.00 ongoing | 28.3% - 29.3% | 35.9% - 37.4% | 43 |
| 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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