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Institution

Opportunity Bank of Malawi Private Bag A71Lilongwe, Central
Data approved: 2012-11-29
Data version: 2
Age of data: 115 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.oibm.mw/
Year established2003
Head of InstitutionCosmus Kowuoche
Regions activeDedza, Dowa, Kasungu, Lilongwe, Mchinji, Nkhotakota, Salima, ChitipaKaronga, Mzimba, Nkhata Bay, Rumphi, Blantyre, ChikwawaMangochi, Mulanje
# Branches33

Total Portfolio (nat'l)MWK 3,598,720,264
Total Portfolio (USD)USD 9,227,487.86
Active clients with loans52,649
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliationsOpportunity International, MAMN, Bankers Association of Malawi
FundersOpportunity Transformation Investment, Opportunity Microfinance Investment, Trust for Transformation, Africap

Loan Products » Summary

10,659 Borrowers
USD 1,894,842.67 Portfolio
Active Product
34,795 Borrowers
USD 1,628,382.90 Portfolio
Active Product
2,306 Borrowers
USD 1,668,409 Portfolio
Active Product
3,548 Borrowers
USD 1,315,788.54 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan MWK 200,000 - 50,000,000 3 - 48 20% - 40% 0% - 20% Business Women, Men, Running a farming enterprise Credit Educ, Group Mtgs, Credit Ins, Business Training
Masiko (Group) Loan MWK 140,000 - 2,800,000 4 - 9 40% - 60% 20% - 40% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Business Training
Mzati (Individual) Loan MWK 50,000 - 1,000,000 3 - 12 40% - 60% 40% - 60% Business Women, Men, Have business, Have home or land, Must have assets as collateral Credit Educ, Credit Ins, Business Training, Other Training, Social Issues Training (HIV/AIDS, Gender, Vision Building),, Mthunzi (Shelter) Insurance
Payroll Loan MWK 15,000 - 4,000,000 3 - 48 20% - 40% 40% - 60% Any Purpose Women, Men, Salaried worker, Age must be above 18 years 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 37.00%-40.00% annual, Decl Bal 1 Fee 0 Ins None 15.00% upfront 33.6% - 33.9% 38.7% - 39% 95
Masiko (Group) Loan 48.75% annual, Flat 1 Fee 0 Ins None 15.00% upfront 72.5% - 74.7% 90.5% - 94.1% 52
Mzati (Individual) Loan 42.00% annual, Flat 2 Fees 1 Ins None 15.00% upfront 70% - 111.5% 92.3% - 144.5% 39
Payroll Loan 45.00% annual, Decl Bal 1 Fee 0 Ins None N/A 34.7% - 45.7% 34.7% - 45.7% 100
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Adhikar35,3002,674,0001111
AMPL000111
Arman41,500529,107,0001111
Arohan43,5008,091,0002111
ASA INDIA164,00015,380,0001111
Asirvad113,50019,328,0001111
Asmitha1,114,800217,867,0001111
Bandhan4,048,600674,564,0005111
Belstar123,00023,945,000290
BSFL275,20031,590,0003111
Chaitanya20,7003,748,0003111
Disha Microfin69,00014,332,0002111
Equitas1,220,000186,415,0004111
ESAF354,20043,500,0005111
FFSL150,60035,719,0002111
Fusion66,8009,820,0002111
Grama Vidiyal738,200102,101,0001111
Grameen Koota586,60083,555,00015113
Janalakshmi506,000119,077,0002111
L & T Finance399,80037,199,0001111
MFL331,80049,083,0001111
MMFL175,00023,752,0002111
Mpower13,6002,263,0002111
Sahayata000111
Saija24,7004,682,0002111
Samasta45,5004,809,0002111
Satin405,60090,174,0002111
SCCI115,60015,910,0002111
Share2,195,400376,727,0001111
SKS3,409,000355,029,0002111
SMILE360,20056,927,0001111
SNFL9,4001,779,0001111
Sonata Finance158,20022,724,0003113
Spandana533,400147,240,0002111
Suryoday78,60014,713,0003111
SVCL118,20018,886,0001111
Swadhaar92,80017,166,0003111
Trident68,7008,852,0001111
Ujjivan913,300160,848,0005111
Utkarsh168,60025,915,0003111
VFS175,40019,264,0002111
Asomi50,3004,743,0002144
AES India3,600286,0001144
Arth2,900611,0002144
Asomi50,3004,743,0002144
Barasat GS1,10099,508.021144
BJS6,000468,0001144
Cashpor417,00050,452,0001143
Credible10,0001,669,540.362144
DIBAKAR1,800145,0001143
GOF65,2005,388,0004143
Hope62,6004,407,0001141
Jaago2,700237,0001142
LOK4,900573,0001143
Nano25,6003,660,0002144
NBSAAVS28,1002,821,0001141
Nirantara8,200917,0002143
Parama7,100482,0001143
Pragathi26,2004,579,0006143
PWMACS36,5005,946,0001143
Saadhana90,90012,046,0002143
Sambhav1,500183,0003143
Seba Rahara6,700468,0001143
SU61,1005,498,0001143
Swayanshree7,900918,0002143
Vikas Samiti1,600168,0001143
Vistaar4,3001,157,0002141
We The People1,100244,0002143
WEMCS1,10085,0001143
Yukti1,10099,0002143
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Key Statistics
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Loan Portfolio (USD)
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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