AMZ (Agora Microfinance Zambia)
Cash term loans for groups targeting agriculture activities.
Product Overview & Scale
- Fsp NameAMZ (Agora Microfinance Zambia)
- Fsp ID150063
- As of Date5/1/15
- CurrencyUSD
- Product NameEnd of Term Loan
- CountryZambia
- Total Clients Bracket<50,000
- Product Clients Bracket<10,000
- Number of Product Clients47
- Percent of Total Clients that are Product Clients100%
- Average Loan Size Per Client100
- Average Loan Size Per Client100
Financial Structure & Pricing
- loan or product structure is flexibleTRUE
- repayment structure is flexibleTRUE
- loan or product term covers growing seasonTRUE
- grace period offeredTRUE
- group or individual loanGroup
- apr54%
- average loan processing time days5
- if flat rate whyN/A
- is apr or other transparent pricing communicated to clientsTRUE
- type of primary insurance productLife/funeral insurance
- annualized repayment rate of the product98- 100%
Value Chain Support
- inputs assets services are readily availableFALSE
- inputs assets services are available at time demanded by clientFALSE
- inputs assets services available within reasonable distance of clientFALSE
- inputs assets services are of good qualityFALSE
- type of inputs offeredN/A
- informal management services providedFALSE
- formal programs in place for post harvest managementFALSE
- informal linkages exist between clients and buyers producersFALSE
- formal linkages exist between clients and buyers producersFALSE
- guaranteed market opportunities exist for clientsFALSE
Training
- agricultural training available to clientsFALSE
- agricultural training available to clients using formal curriculumFALSE
- multiple agricultural trainings delivered during product cycleFALSE
- organization does quality checks on trainingsFALSE
- financial literacy training takes places yes noTRUE
- classroom theoretical training offered by administering partyFALSE
- training engages clients in participatory learning with additional materialsFALSE
- training is offered in a convenient location for clientsFALSE
Measuring Impact
- regular measurement of farmer yields takes placeFALSE
- formal measurement with strong control groupFALSE
- rct or other academic quality work done to verify resultsFALSE
- measurement of change to profit income or poverty reduction takes placeFALSE
- using methodical process over time to measure changeFALSE
- what type of poverty measurement metric is usedN/A