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Institution

Foundation for International Community Assistance (FINCA) Stand No. 4513 Madzimoyo Road, NorthmeadLusaka, Lusaka Province
Data approved: 2014-10-20
Data version: 2
Age of data: 97 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.finca.org/
Year established2001
Head of InstitutionThomas Lendzian
Regions activeCentral Province, Copperbelt Province, Eastern Province, Lusaka Province, Southern Province
# Branches14

Total Portfolio (nat'l)ZMW 105,140,570
Total Portfolio (USD)USD 16,420,850.34
Active clients with loans43,773
Approximate % female clients60% - 80%
Approximate % urban clients60% - 80%
Network affiliationsFINCA International
FundersINVESTOR! FINCA MICROFINANCE COOPERATIEF U.A. (NETHERLANDS), DONOR! MASTERCARD FOUNDATION

Loan Products » Summary

5,473 Borrowers
USD 7,150,968.24 Portfolio
Active Product
12,425 Borrowers
USD 3,537,581.12 Portfolio
Active Product
25,762 Borrowers
USD 3,479,238.69 Portfolio
Active Product
113 Borrowers
USD 2,253,062.30 Portfolio
Active Product
Retired Product
Retired Product
Retired Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loans ZMW 1,500 - 100,000 6 - 24 60% - 80% 20% - 40% Business Women, Men, Have business, Must have a valid National Registration Card, Must have business or personal assets to pledge Credit Ins
Small Group Loan ZMW 1,200 - 15,000 6 - 12 60% - 80% 60% - 80% Business Women, Men, Have business, Must be a member of a self selected solidarity group Group Mtgs, Credit Ins
Village Banking Loans ZMW 150 - 12,500 6 - 12 60% - 80% 60% - 80% Business Women, Men, Have business, Must be a member of a self selected village bank Credit Educ, Group Mtgs, Credit Ins, Funeral benefits
Small Enterprise Loan ZMW 100,000 - 600,000 12 - 36 60% - 80% 20% - 40% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loans 51.4%-52.0% annual, Decl Bal 2 Fees 1 Ins None N/A 66.7% - 79% 68.4% - 81.4% 69
Small Group Loan 52.0% annual, Decl Bal 2 Fees 1 Ins None N/A 70.3% - 91% 72.6% - 95.2% 63
Village Banking Loans 52.0% annual, Decl Bal 2 Fees 1 Ins None N/A 74.9% - 91.2% 77.8% - 95.4% 59
Small Enterprise Loan 49.6% annual, Decl Bal 2 Fees 1 Ins None N/A 0% 0% N/A
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011148
ANED5,4006,579,0003106
Banco FIE231,100569,322,0006106
BancoSol215,300861,418,00030106
CIDRE8,500126,578,0008106
Coop Fatima6,30044,280,0007148
CRECER166,900134,626,00013106
Diaconia67,00085,734,0002106
Ecofuturo59,200226,839,0005106
EMPRENDER8,7002,380,0003148
Fassil FFP57,600325,081,0005106
FONCRESOL3,9009,573,0003106
FONDECO14,20024,274,0003106
Fortaleza20,100164,530,00013106
FUBODE29,40024,444,0007106
FUNBODEM8,60015,798,0009106
IDEPRO10,40040,479,0002106
IMPRO2,4002,885,0004106
ProCredit84,300257,487,0008148
PRODEM44,90062,529,0004106
ProMujer BOL115,20050,753,0003106
Sartawi14,60026,842,0008106
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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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