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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: 84 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
KBL468,300120,082,0001677
KF233,60041,416,000475
NRSP399,90070,157,000377
ASA230,40029,637,000377
TMFB221,20085,449,000777
FMFB163,54438,481,323995
TRDP100,00013,817,000377
PRSP75,6569,907,176395
BRAC^P57,30011,869,000377
SRSO51,1007,775,000377
SSF46,0004,776,000377
FINCA82,00043,559,000977
JWS36,0006,545,000277
RCDS35,5524,856,122495
DAMEN35,1857,150,864195
FFO22,4003,335,000377
OLP21,4003,510,000377
CSC17,6003,147,000177
AMRDO13,8001,206,000577
WMBL13,8006,105,000377
Mojaz13,4002,415,000277
SDF11,5001,041,000477
POMFB8,5002,795,000477
OPD7,500918,000277
AGAHE7,300797,000277
NRDP6,1841,521,972395
GBTI6,100669,000395
WASIL4,3001,135,000277
Micro Options4,000768,000577
VDO3,900489,000395
SVDP3,900811,0001395
SRDO3,500766,000477
OSDI2,000923,000377
APMBL1,8001,401,000377
BEDF1,400209,000395
KCDO80094,000195
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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