Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,2886136
Comicoka827758,4354136
COOJAD511823,2156136
COOPEDU2,0297,549,8359136
Duterimbere6,6074,365,0443136
Goshen2,0763,716,0085153
Inkingi2,6482,593,3665153
RML4,9603,473,7813136
UCU3,3911,603,5244136
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466153
Wisigara2,177904,7083136
Zamuka253124,4453136
Zigama CSS53,80659,670,7532153
Please note that the information you are viewing is 156 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kungoma Financial Services Ltd Permanent House, 1st floor room 145L, along Cairo RoadLusaka
Data approved: 2011-12-12
Data version: 1
Age of data: 156 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addressN/A
Year established2004
Head of InstitutionBrian Kofi Kunda
Regions active
# Branches1

Total Portfolio (nat'l)ZMK 96,120,000
Total Portfolio (USD)USD 18,573.91
Active clients with loans43
Approximate % female clients20% - 40%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Loan Products » Summary

13 Borrowers
USD 5,615.37 Portfolio
Low Volume Product
30 Borrowers
USD 12,958.54 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Personal loan ZMK 500,000 - 5,000,000 1 - 12 20% - 40% 80% - 100% Any Purpose, Mostly used for business Women, Men, Reliable income or some kind of collateral Credit Educ
Salary support ZMK 500,000 - 5,000,000 1 - 12 20% - 40% 80% - 100% Any Purpose Women, Men, Salaried worker Credit Educ, Group Mtgs, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Personal loan 180.0% annual, Decl Bal 1 Fee 1 Ins None N/A 194.4% - 235.1% 222.7% - 265.1% 75
Salary support 180.0% annual, Decl Bal 1 Fee 1 Ins None N/A 200.4% - 256.5% 229.8% - 288.3% 72
Institution Price Graph
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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