| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | Siku Nkhoma |
| Regions active | Dedza, Dowa, Kasungu, Lilongwe, Ntcheu, Salima, ChitipaKaronga, Mzimba, Nkhata Bay, Rumphi, Balaka, Blantyre, Chikwawa, Chiradzulu, Machinga, Mulanje |
| # Branches | 1 |
| Total Portfolio (nat'l) | MWK 250,550,466.50 |
| Total Portfolio (USD) | USD 642,437.09 |
| Active clients with loans | 2,351 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Slum Dwellers International, MAMN, Malawi Homeless People's Federation |
| Funders | Slum Dwellers International, Homeless International, African Development Bank, WASTE |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | MWK 10,000 - 10,000 | 6 | 80% - 100% | 80% - 100% | Business, Can only be used for working capital | Women, Men, Must be a member of the Malawi Homeless People's Federation. | Business Training | |||||||
| Home Improvement Loan | MWK 20,000 - 20,000 | 24 | 80% - 100% | 80% - 100% | Housing | Women, Men, Must be a member of the Malawi Homeless People's Federation | ||||||||
| Sanitation Loan | MWK 40,000 - 100,000 | 24 | 80% - 100% | 80% - 100% | Sanitation | Women, Men, Residents from the peri urban areas | ||||||||
| Water Loan | MWK 18,000 - 120,000 | 24 | 60% - 80% | 80% - 100% | water supply | Women, Men, Residents from the peri urban areas |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Business Loan | 24.00% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.00% upfront | 16.8% | 16.8% | 100 | ||||||||
| Home Improvement Loan | 12.00% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.00% upfront | 10.9% | 10.9% | 100 | ||||||||
| Sanitation Loan | 12.00% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.00% upfront | 10.9% | 10.9% | 100 | ||||||||
| Water Loan | 12.00% annual, Decl Bal | 0 Fees | 0 Ins | None | 10.00% upfront | 10.9% - 11% | 10.9% - 11% | 100 |
| Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
|---|---|---|---|---|
| Actuar Caldas | 3,700 | 5,247,000 | 1 | 153 |
| Actuar Quindio | 2,300 | 2,800,000 | 2 | 153 |
| Actuar Tolima | 8,800 | 5,099,000 | 3 | 153 |
| Amanecer | 4,300 | 8,253,000 | 4 | 153 |
| Banco Agrario | 56,300 | 39,938,000 | 3 | 153 |
| Banco WWB | 219,400 | 294,019,000 | 5 | 148 |
| Bancolombia | 36,200 | 51,563,000 | 1 | 153 |
| BdO | 10,400 | 7,945,000 | 2 | 153 |
| Comerciacoop | 1,600 | 3,255,000 | 4 | 153 |
| Confiar | 43,800 | 81,993,000 | 7 | 153 |
| Congente | 5,400 | 20,045,000 | 2 | 153 |
| Contactar | 25,100 | 20,184,000 | 2 | 153 |
| Crezcamos | 27,500 | 22,564,000 | 4 | 153 |
| Finamerica | 39,800 | 99,536,000 | 7 | 153 |
| FMM Popayán | 310,000 | 243,614,000 | 3 | 153 |
| FMSD | 6,800 | 9,236,000 | 6 | 153 |
| Fomentamos | 900 | 102,000 | 1 | 153 |
| Fund DeLaMujer | 199,900 | 165,568,000 | 1 | 153 |
| Fund Oleoductos | 500 | 435,000 | 1 | 148 |
| FUNDAUNIBAN | 600 | 1,307,000 | 2 | 153 |
| FUNDESAN | 2,400 | 2,521,000 | 5 | 153 |
| FUNDESMAG | 1,000 | 1,698,000 | 2 | 153 |
| Interactuar | 30,200 | 93,846,000 | 4 | 153 |
| MEDA | 15,600 | 27,322,000 | 2 | 153 |
| ProCredit CO | 5,700 | 18,569,000 | 3 | 153 |
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