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Institution

Meklit MFI Ayer TenaAddis AbabaPO Box 27634
Data approved: 2011-12-23
Data version: 1
Age of data: 149 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2000
Head of InstitutionTeshome Yiheyis
Regions active
# Branches21

Total Portfolio (nat'l)ETB 25,963,550
Total Portfolio (USD)USD 1,411,062.50
Active clients with loans12,300
Approximate % female clients40% - 60%
Approximate % urban clients0% - 20%
Network affiliationsAEMFI
FundersDevelopment Bank of Ethiopia RUFIP, EU

Loan Products » Summary

9,307 Borrowers
USD 778,073.39 Portfolio
Active Product
1,500 Borrowers
USD 244,565.22 Portfolio
Active Product
616 Borrowers
USD 234,347.83 Portfolio
Active Product
850 Borrowers
USD 138,586.96 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan ETB 3,000 - 9,000 8 - 12 40% - 60% 0% - 20% Business, Agriculture Women, Men Credit Educ, Group Mtgs, Credit Ins
Business Loan - Group ETB 1,000 - 18,000 12 - 24 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Business Loan - Individual ETB 8,000 - 50,000 12 - 24 20% - 40% 60% - 80% Business Women, Men, Have business Credit Educ, Credit Ins
Individual (Consumption) Loan ETB 10,000 - 50,000 12 - 24 40% - 60% 60% - 80% Any Purpose Women, Men, Salaried worker Credit Educ, Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 38.7% - 39.1% 46.4% - 51.1% 41
Business Loan - Group 20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 35.7% - 45.6% 43.2% - 56% 39
Business Loan - Individual 22.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 38.1% - 40% 43.6% - 46.6% 49
Individual (Consumption) Loan 16.0%-20.0% annual, Flat 1 Fee 1 Ins None 5.0%-15.0% upfront 5.00%-15.00% ongoing 29% - 41.9% 33.6% - 50% 40
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Actuar Caldas3,7005,247,0001158
Actuar Quindio2,3002,800,0002158
Actuar Tolima8,8005,099,0003158
Amanecer4,3008,253,0004158
Banco Agrario56,30039,938,0003158
Banco WWB219,400294,019,0005153
Bancolombia36,20051,563,0001158
BdO10,4007,945,0002158
Comerciacoop1,6003,255,0004158
Confiar43,80081,993,0007158
Congente5,40020,045,0002158
Contactar25,10020,184,0002158
Crezcamos27,50022,564,0004158
Finamerica39,80099,536,0007158
FMM Popayán310,000243,614,0003158
FMSD6,8009,236,0006158
Fomentamos900102,0001158
Fund DeLaMujer199,900165,568,0001158
Fund Oleoductos500435,0001153
FUNDAUNIBAN6001,307,0002158
FUNDESAN2,4002,521,0005158
FUNDESMAG1,0001,698,0002158
Interactuar30,20093,846,0004158
MEDA15,60027,322,0002158
ProCredit CO5,70018,569,0003158
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Key Statistics
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# Institutions
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# 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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