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Institution

Meklit MFI Ayer TenaAddis AbabaPO Box 27634
Data approved: 2011-12-23
Data version: 1
Age of data: 120 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
AGFS20047,0002120
Ahantaman RB23,8009,896,0004102
APED13,7001,876,0002102
ASA Initiative4,400577,0004102
ASA-Ghana71,60018,385,0002102
ASPI80088,0006102
Atwima Kwanwoma3,8001,788,0002102
Baobab5,100967,0002102
BestFUND13,0004,172,0003102
Bonzali Rural10,4001,691,0004120
CashPhase83135,0002102
CASUD1,100524,0001102
CEDEF50054,0004102
CFF10013,0001102
CRAN3,6001,019,0002102
DQF1,70063,0002102
EASL9,20011,409,0006102
East Mamprusi12,5002,268,0004102
ELDA000102
EMPRETEC Ghana20056,0002102
FASL13,50014,047,0008102
Grameen Ghana9,500507,0003102
ID-Ghana5,600953,0003102
Innovative Finance2,700354,0003102
Kraban Support7,700781,0005120
KRB4,0006,350,0003102
Lower Pra RB34,0006,316,0003120
Maata-N-Tudu12,000941,0004102
Mail Finance300288,0001102
Markaz000102
Markaz Al Bishara10017,0001102
MicrofinPlus Gh1,100251,0002102
Nwabiagya RB4,0002,265,0003102
OISL62,00027,232,0009102
Pro Credit000102
Rich Step100101,0001102
SAT147,60029,359,0004102
Sekam Trust600137,0002102
Simli Pong8,900463,0003120
SS Ghana20035,0001102
TCCU10032,0003102
The Bridge40032,0003120
Union RB3,8002,361,0004102
Caps / Zoom options
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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