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Institution

CUMO Microfinance Ltd Plot 214-215 AirfieldDedzaPO Box 222
Data approved: 2012-11-23
Data version: 2
Age of data: 114 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.concernuniversal.org/
Year established2000
Head of InstitutionEzikiel Phiri
Regions activeDedza, Dowa, Lilongwe, Ntcheu, Salima, Balaka, Chiradzulu, MachingaMangochi, Mulanje, Nsanje
# Branches2

Total Portfolio (nat'l)MWK 231,643,414
Total Portfolio (USD)USD 593,957.47
Active clients with loans48,013
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliationsMAMN, The MIX Market
FundersConcern Universal, USAID, UNDP UNCDF through FIMA, Irish Aid

Loan Products » Summary

790 Borrowers
USD 30,823.69 Portfolio
Active Product
47,223 Borrowers
USD 563,133.78 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Fumba (Agricultural Loan) MWK 10,000 - 50,000 6 60% - 80% 0% - 20% Business, Used for only working capital purpose Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training, Environmental & HIV & AIDS education
Masika (Village Enterprise Loan) MWK 2,000 - 200,000 4 - 6 60% - 80% 0% - 20% Business, Used for only working capital purpose Women, Men Credit Educ, Group Mtgs, Credit Ins, Business Training, Environmental and HIV-AIDS Education

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Fumba (Agricultural Loan) 60.00% annual, Flat 1 Fee 1 Ins None 5.00% upfront 71.1% 80.3% 74
Masika (Village Enterprise Loan) 54.00%-72.00% annual, Flat 1 Fee 1 Ins None 5.00% upfront 104.4% 125.1% 43
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Actuar Caldas3,7005,247,0001138
Actuar Quindio2,3002,800,0002138
Actuar Tolima8,8005,099,0003138
Amanecer4,3008,253,0004138
Banco Agrario56,30039,938,0003138
Banco WWB219,400294,019,0005133
Bancolombia36,20051,563,0001138
BdO10,4007,945,0002138
Comerciacoop1,6003,255,0004138
Confiar43,80081,993,0007138
Congente5,40020,045,0002138
Contactar25,10020,184,0002138
Crezcamos27,50022,564,0004138
Finamerica39,80099,536,0007138
FMM Popayán310,000243,614,0003138
FMSD6,8009,236,0006138
Fomentamos900102,0001138
Fund DeLaMujer199,900165,568,0001138
Fund Oleoductos500435,0001133
FUNDAUNIBAN6001,307,0002138
FUNDESAN2,4002,521,0005138
FUNDESMAG1,0001,698,0002138
Interactuar30,20093,846,0004138
MEDA15,60027,322,0002138
ProCredit CO5,70018,569,0003138
Caps / Zoom options
Key Statistics
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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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