Client Share Ownership

Client Share Ownership

Client Share Ownership

  • The Client Share Ownership Program (CSOP) allows the borrowing clients to become part owners of EFC, a first in the Zambian microfinance sector. Borrowers with a good repayment history are eligible to receive an incentive based on the amount of interest they have paid; a portion is re-invested into EFC.
  • The CSOP is a scheme only and exclusively fueled by EFC borrowing client’s incentive mechanism. The eligible borrower receives back 10% of the total interest paid, they then select their incentive from four options.

  • As an added incentive, EFC contributes an incremental bonus on the amount invested by the borrower into CSOP, this means the more the borrower invests into CSOP the larger the total value of the incentive.


  • EFC will pay an incentive to any of its borrowers who repay their loans as agreed if they accumulated no more than two late periods of less than ten days, consecutive or not, over the initial contractually agreed period.
  • The incentive will only be paid to the client upon full payment of the loan and after validation of their credit record, in accordance with the guidelines of EFC CSOP. Terms and Conditions apply.

Incentives for the EFC Client

Type of CSOP Plan% Transferred to CSOPTotal Value of the Incentive

* Information on interest rates, fees and conditions is available in EFC Branches