| Institution Type | Trust |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2000 |
| Head of Institution | Abebe Kebede |
| Regions active | 0 |
| # Branches | 2 |
| Total Portfolio (nat'l) | MWK 65,000,000 |
| Total Portfolio (USD) | USD 433,333.33 |
| Active clients with loans | 4,200 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Malawi Microfinance Network (MAMN) |
| Funders | Vision Fund International, World Vision International, World Vision, MALAWI (ADP) |
| Institution Type | Credit Union / Cooperative |
| Is this institution regulated? | No |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | JOSE SANTOS CHANGO UÑOG |
| Regions active | |
| # Branches | 6 |
| Total Portfolio (nat'l) | USD 16,830,803 |
| Total Portfolio (USD) | USD 16,830,803 |
| Active clients with loans | 5,308 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 0% - 20% |
| Network affiliations | |
| Funders |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural loan I (Irrigation loan - Group) | MWK 30,000 - 40,000 | 4 - 12 | 40% - 60% | 0% - 20% | ||||||||||
| Agricultural Loan II (Rain fed - Group) | MWK 12,000 - 25,000 | 6 - 10 | 40% - 60% | 0% - 20% | ||||||||||
| Business Loan I (Group) | MWK 5,000 - 45,000 | 4 - 12 | 40% - 60% | 0% - 20% | ||||||||||
| Business Loan II (Group) | MWK 10,000 - 78,000 | 6 - 9 | 40% - 60% | 80% - 100% |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | USD 200 - 20,000 | 2 - 30 | 20% - 40% | 0% - 20% | Business, Housing, Consumer, Education, Other | Women, Men | Credit Educ | |||||||
| Microcredito | USD 400 - 50,000 | 4 - 30 | 0% - 20% | 0% - 20% | Business, Housing, Consumer, Education, Other | Women, Men | Credit Educ |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural loan I (Irrigation loan - Group) | 48.00% annual, Flat | 2 Fees | 0 Ins | 17.2% - 30.6% | 21.5% - 39.2% | |||||||||||
| Agricultural Loan II (Rain fed - Group) | 48.00% annual, Flat | 1 Fee | 0 Ins | 30.1% - 32% | 38.4% - 41.3% | |||||||||||
| Business Loan I (Group) | 48.00% annual, Flat | 1 Fee | 0 Ins | 89.8% | 129.8% | |||||||||||
| Business Loan II (Group) | 48.00% annual, Flat | 1 Fee | 0 Ins | 89.8% | 129.8% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | 15.2%-18.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.0% upfront | 13.3% - 15.4% | 15.7% - 18.3% | 87 | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.0% upfront | 15.4% - 23.1% | 18.2% - 27.1% | 77 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agricultural loan I (Irrigation loan - Group) | 48.00% annual, Flat | 2 Fees | 0 Ins Ins | 17.2% - 30.6% | 21.5% - 39.2% | |||||||||||
| Agricultural Loan II (Rain fed - Group) | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | 30.1% - 32% | 38.4% - 41.3% | |||||||||||
| Business Loan I (Group) | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | 89.8% | 129.8% | |||||||||||
| Business Loan II (Group) | 48.00% annual, Flat | 1 Fee | 0 Ins Ins | 89.8% | 129.8% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumo | 15.2%-18.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | 10.0% upfront | 13.3% - 15.4% | 15.7% - 18.3% | 87 | ||||||||
| Microcredito | 18.0% annual, Decl Bal | 0 Fees | 0 Ins Ins | None | 10.0% upfront | 15.4% - 23.1% | 18.2% - 27.1% | 77 |
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