MFI ReportPartnerships
| Name | Relationship |
|---|---|
| Hivos-Triodos Fund | Funding |
| MAMN | Network Affiliation |
| Oikocredit | Funding |
| Opportunity International | Network Affiliation |
| Triodos-Doen Foundation | Funding |
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31.3 million51,152612.835.1 million61.3 million—
Mission:
Providing high value financial services to meet the needs of the economomically disadvantaged of Malawi
Background and Main Challenges:
OIBM started operations in 2003. The goal of the bank was to provide access to financial services for the poor beginning with savings. Savings has grown well in its first year with over 9,000 accounts open. The bank has recently begun micro lending. The challenges are to scale up its lending ... Read more
OIBM started operations in 2003. The goal of the bank was to provide access to financial services for the poor beginning with savings. Savings has grown well in its first year with over 9,000 accounts open. The bank has recently begun micro lending. The challenges are to scale up its lending program while maintaing quality in a very poor market. Tied to this is to bring the bank into profitability in the next 12 months. Hide
Address:
Private Bag A71
Lilongwe
Malawi
Phone:
(265) 175-8403
Fax:
(265) 175-8400
Email:
rvoorhies [at] opportunity [dot] net
Website:
Main Funding Sources:
Grants
Loans
Savings
Shareholder Capital
Products and Services:
Loans
Voluntary Savings
Insurance
Funds Transfer Services
Training and Consulting
Fund Transfer Services
Services Provided:
Full-scale Financial Services
Business Development Services
Looking for (Investment Types):
Loans in Local Currency
Loans in USD
Capacity-Building Grants
Donations
Capacity Building Grants
% Operations Comprised by MF:
91 - 100
Date established:
Jan 1 2002
FYE:
31-Dec
Current Legal Status:
Bank
Regulated:
yes
At a glance
- Assets
- Gross Loan Portfolio
- Equity
Contacts
-
Aggrey KaputeniChief Risk Officeraggrey [dot] kaputeni [at] oibm [dot] mw(265) 175-8403
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Alice AbilluDeputy CEOalice [dot] abillu [at] oibm [dot] mw(265) 175-8403
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George PhuzaChief Credit Officergeorge [dot] phuza [at] oibm [dot] mw(265) 175-8403
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Webster MbekeaniChief Marketing and Research Officerwebster [dot] mbekeani [at] oibm [dot] mw(265) 175-8403
