| Institution Type | Private 'For-Profit' |
| Is this institution regulated? | Yes |
| Website address | http://www.microafricagroup.com/ |
| Year established | 2004 |
| Head of Institution | Anthony Nderitu |
| Regions active | 0 |
| # Branches | 4 |
| Total Portfolio (nat'l) | RWF 1,255,802,510 |
| Total Portfolio (USD) | USD 2,128,478.83 |
| Active clients with loans | 2,858 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | Association of Microfinance Institutions in Rwanda |
| Funders | Micro africa Ltd, Ezra Bunyenyezi |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.yosefo.org/ |
| Year established | 1996 |
| Head of Institution | Aletmius Millinga |
| Regions active | |
| # Branches | 6 |
| Total Portfolio (nat'l) | TZS 3,516,132,881 |
| Total Portfolio (USD) | USD 2,211,404.33 |
| Active clients with loans | 17,135 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 40% - 60% |
| Network affiliations | TAMFI |
| Funders | Miche Foundation, Stromme Foundation |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | RWF 30,000 - 500,000 | 3 - 12 | 40% - 60% | 40% - 60% | ||||||||||
| Salary Loan | RWF 100,000 - 5,000,000 | 3 - 15 | 40% - 60% | 80% - 100% | ||||||||||
| SME Loan | RWF 1,000,000 - 7,500,000 | 3 - 15 | 40% - 60% | 60% - 80% |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benkijamii Loan | TZS 50,000 - 1,500,000 | 3 - 12 | 60% - 80% | 0% - 20% | Any Purpose | Women, Men, Have business, Belong to the community enjoying the services | Tech Asst Visits, Business Training | |||||||
| Group Loan | TZS 50,000 - 2,000,000 | 3 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Ins | |||||||
| Mavuno Loan | TZS 2,000,000 - 15,000,000 | 3 - 12 | 60% - 80% | 80% - 100% | Any Purpose | Women, Men, Have business, Have home or land | Credit Educ, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 30.00% annual, Flat | 1 Fee | 0 Ins | 58.4% - 61.4% | 92.1% - 99.6% | |||||||||||
| Salary Loan | 48.00%-60.00% annual, Decl Bal | 2 Fees | 1 Ins | N/A | 55% - 71.5% | 58.3% - 77.5% | ||||||||||
| SME Loan | 48.00%-60.00% annual, Decl Bal | 1 Fee | 1 Ins | 56% - 74.6% | 87.8% - 118.1% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benkijamii Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins | None | 25.00% upfront | 45.1% - 54.3% | 89.8% - 106.4% | 25 | ||||||||
| Group Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins | None | 25.00% upfront | 48.9% - 52.3% | 62% - 106.5% | 26 | ||||||||
| Mavuno Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins | None | 25.00% upfront | 49.6% - 51.5% | 88.6% - 91.8% | 26 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Loan | 30.00% annual, Flat | 1 Fee | 0 Ins Ins | 58.4% - 61.4% | 92.1% - 99.6% | |||||||||||
| Salary Loan | 48.00%-60.00% annual, Decl Bal | 2 Fees | 1 Ins Ins | N/A | 55% - 71.5% | 58.3% - 77.5% | ||||||||||
| SME Loan | 48.00%-60.00% annual, Decl Bal | 1 Fee | 1 Ins Ins | 56% - 74.6% | 87.8% - 118.1% |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Benkijamii Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 25.00% upfront | 45.1% - 54.3% | 89.8% - 106.4% | 25 | ||||||||
| Group Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 25.00% upfront | 48.9% - 52.3% | 62% - 106.5% | 26 | ||||||||
| Mavuno Loan | 24.00%-29.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 25.00% upfront | 49.6% - 51.5% | 88.6% - 91.8% | 26 |
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