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Institution

Finance Savings and Credit Cooperative MUSCCO HouseLilongwePO Box 1292
Data approved: 2013-01-04
Data version: 2
Age of data: 109 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionKingsley Mulewa
Regions activeLilongwe, Mchinji, Salima, Mzimba, Blantyre
# Branches5

Total Portfolio (nat'l)MWK 106,822,473.20
Total Portfolio (USD)USD 273,903.78
Active clients with loans4,221
Approximate % female clients40% - 60%
Approximate % urban clients60% - 80%
Network affiliationsMUSCCO, MAMN
FundersHivos, Cordaid, MUSSCO

Loan Products » Summary

584 Borrowers
USD 87,645.46 Portfolio
Active Product
1,240 Borrowers
USD 32,650.35 Portfolio
Active Product
800 Borrowers
USD 34,888.54 Portfolio
Active Product
122 Borrowers
USD 3,565.86 Portfolio
Active Product
423 Borrowers
USD 39,546.22 Portfolio
Active Product
562 Borrowers
USD 69,686.92 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 6,000 - 1,500,000 3 - 12 40% - 60% 60% - 80% Business, Housing, Consumer, Education Women, Men, Have business, Have home or land Credit Educ, Credit Ins, Business Training
Mwai wa Mayi (Female Group Loan) MWK 5,000 - 500,000 6 80% - 100% 60% - 80% Business Women, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training, Other Training
Phindu (Group Business) MWK 5,000 - 500,000 6 - 12 20% - 40% 20% - 40% Business Women, Men, Have business, Salaried worker Credit Educ, Group Mtgs, Credit Ins, Business Training
Pompopompo (Emergency Loan) MWK 1,120 - 30,000 2 - 5 40% - 60% 80% - 100% Other Women, Men, Have business, Salaried worker Credit Educ, Credit Ins
Umphawi (Share Oriented Loan) MWK 5,000 - 1,500,000 3 - 12 0% - 20% 20% - 40% Any Purpose Women, Men, Have business, Salaried worker
Payroll Loan MWK 5,000 - 1,500,000 3 - 12 20% - 40% 40% - 60% Any Purpose Women, Men, Salaried worker Credit Educ

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%-42.00% annual, Flat 1 Fee 1 Ins None 50.00% upfront 60.1% - 78.9% 187.8% - 297% 12
Mwai wa Mayi (Female Group Loan) 45.00% annual, Flat 1 Fee 1 Ins None 33.33% upfront 82.1% - 82.8% 177% - 177.8% 25
Phindu (Group Business) 45.00% annual, Flat 1 Fee 1 Ins None 33.33% upfront 82.3% - 83.4% 176.4% - 179.8% 25
Pompopompo (Emergency Loan) 36.00% annual, Flat 1 Fee 1 Ins None 50.00% upfront 79.4% - 83.5% 298.2% - 308.4% 11
Umphawi (Share Oriented Loan) 42.00% annual, Flat 1 Fee 1 Ins None 50.00% upfront 74.8% - 79% 233.9% - 303.8% 15
Payroll Loan 38.00% annual, Flat 1 Fee 1 Ins None 50.00% upfront 68.8% - 74% 223.1% - 291.3% 16
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,0001105
AMPL000105
Arman41,500529,107,0001105
Arohan43,5008,091,0002105
ASA INDIA164,00015,380,0001105
Asirvad113,50019,328,0001105
Asmitha1,114,800217,867,0001105
Bandhan4,048,600674,564,0005105
Belstar123,00023,945,000283
BSFL275,20031,590,0003105
Chaitanya20,7003,748,0003105
Disha Microfin69,00014,332,0002105
Equitas1,220,000186,415,0004105
ESAF354,20043,500,0005105
FFSL150,60035,719,0002105
Fusion66,8009,820,0002105
Grama Vidiyal738,200102,101,0001105
Grameen Koota586,60083,555,00015107
Janalakshmi506,000119,077,0002105
L & T Finance399,80037,199,0001105
MFL331,80049,083,0001105
MMFL175,00023,752,0002105
Mpower13,6002,263,0002105
Sahayata000105
Saija24,7004,682,0002105
Samasta45,5004,809,0002105
Satin405,60090,174,0002105
SCCI115,60015,910,0002105
Share2,195,400376,727,0001105
SKS3,409,000355,029,0002105
SMILE360,20056,927,0001105
SNFL9,4001,779,0001105
Sonata Finance158,20022,724,0003107
Spandana533,400147,240,0002105
Suryoday78,60014,713,0003105
SVCL118,20018,886,0001105
Swadhaar92,80017,166,0003105
Trident68,7008,852,0001105
Ujjivan913,300160,848,0005105
Utkarsh168,60025,915,0003105
VFS175,40019,264,0002105
Asomi50,3004,743,0002137
AES India3,600286,0001137
Arth2,900611,0002137
Asomi50,3004,743,0002137
Barasat GS1,10099,508.021137
BJS6,000468,0001137
Cashpor417,00050,452,0001136
Credible10,0001,669,540.362137
DIBAKAR1,800145,0001136
GOF65,2005,388,0004136
Hope62,6004,407,0001134
Jaago2,700237,0001135
LOK4,900573,0001136
Nano25,6003,660,0002137
NBSAAVS28,1002,821,0001134
Nirantara8,200917,0002136
Parama7,100482,0001136
Pragathi26,2004,579,0006136
PWMACS36,5005,946,0001136
Saadhana90,90012,046,0002136
Sambhav1,500183,0003136
Seba Rahara6,700468,0001136
SU61,1005,498,0001136
Swayanshree7,900918,0002136
Vikas Samiti1,600168,0001136
Vistaar4,3001,157,0002134
We The People1,100244,0002136
WEMCS1,10085,0001136
Yukti1,10099,0002136
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Key Statistics
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Loan Portfolio (USD)
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% Products with one or more insurances
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