Micro Insurance

For the first Quarter of 2016 Meada insured a total number of 19,646 and total loans of USD3,729,800. The table below shows details on membership for the two micro-insurance products – loan protection and basic life.
 Indicators 
Q4 2016 Q3 2016 Q2 2016
 Q1 2016
 Q4 2015
 No. of SAMIC branches covered 
17 17 17
 17
 17
 Total SAMIC clients insured
13,181 13,821  14,397
 14,772
 16,095
       Loan protection
3,762 5,421  7,918
 9,727
 11,459
       Basic life
9,419 8,400  6,479
 5,045
 4,636
 Active spouse for basic life
5,095 5,003  4,557
 3,978
 3,776
 SAMIC staff for basic life
324 324  260
 260
 257
 None SAMIC Client insured 1,319 1,097  833  636  556
 Total number of insured
19,919 20,245  20,047
 19,646
 20,684
 Total amount of loan insured (USD)
5,165,001 4,580,034  4,420,386
 3,729,800
 3,974,572

 

SOCIAL AND ENVIRONMENTAL RESPONSIBILITIES

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