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Institution

Microloan Foundation Head OfficeKasungu, CentralPO Box 491
Data approved: 2012-11-15
Data version: 2
Age of data: 103 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.microloanfoundation.org.uk/Home
Year established2002
Head of InstitutionPeter Matumbo
Regions activeDowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Ntcheu, Ntchisi, SalimaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, MachingaMangochi, Mulanje
# Branches20

Total Portfolio (nat'l)MWK 662,269,793
Total Portfolio (USD)USD 1,698,127.67
Active clients with loans24,364
Approximate % female clients80% - 100%
Approximate % urban clients0% - 20%
Network affiliationsMAMN
FundersMicroloan Foundation, UK

Loan Products » Summary

355 Borrowers
USD 99,169.63 Portfolio
Active Product
1,425 Borrowers
USD 116,868.29 Portfolio
Active Product
20,988 Borrowers
USD 1,340,606.15 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Bridging Loan MWK 65,000 - 180,000 6 - 10 80% - 100% 0% - 20% Business Women, Have business Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics
Irrigation Loan MWK 18,000 - 80,000 3 - 7 80% - 100% 0% - 20% Business Women, Have business Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dynamics
Standard Loan MWK 18,000 - 80,000 4 80% - 100% 0% - 20% Business Women, Have business, Specific age group Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Group Dyanamics

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Bridging Loan 48.00% annual, Flat 0 Fees 0 Ins None 20.00% upfront 75.7% - 75.8% 107.4% - 107.5% 44
Irrigation Loan 57.00% annual, Flat 0 Fees 0 Ins None 10.00%-20.00% upfront 36.2% - 60.4% 45.9% - 83.7% 83
Standard Loan 60.00% annual, Flat 0 Fees 0 Ins None 10.00%-20.00% upfront 97.1% - 108.4% 147.6% - 166.7% 37
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001130
CEPESIU2,000939,0004130
COAC 4 Octubre2,2005,771,0002130
COAC Ambato1,30016,415,0002130
COAC FondVida2,5004,200,0004130
COAC LaBenefica2,5008,482,0006130
COAC MCCH5,30010,020,0002130
COAC Nacional30,70027,129,0002130
COAC San José10,40029,133,0005130
COAC SanAntonio1,0002,384,0003130
COAC SantaAnita2,0002,532,0006130
Codesarrollo14,40040,328,0007130
Coop San Miguel1,8004,754,0005127
CooP VPR7001,052,0004130
Cooprogreso7,90032,244,0004130
Credi Fe100,900380,039,0004130
D^Miro36,90027,692,0009123
DECOF2,200705,0002130
Espoir62,10021,036,0005130
FODEMI28,20012,924,0003130
Fundacion Alternativa4,3005,545,0002130
FUNDAMIC2,0001,468,0002130
INSOTEC7,0006,047,0004130
Luz del Valle6,40011,300,0003130
ProCredit43,800211,941,0002130
PS Ambato5,6002,771,0001130
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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