Outstanding portfolio (BOB) | BOB 153,131,802.90 |
Portfolio (USD) | USD 22,686,193.02 |
Active Clients with Loans | 10,574 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 80% - 100% |
Any purpose | |
Income generation | |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Compra o construción de Vivienda |
Other (2) | Compra de Terreno |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
Currency | BOB |
Minimum loan size | BOB 800 |
Maximum loan size | 140,000 |
Shortest loan term | 4.0 months |
Longest loan term | 145.0 months |
Approx average | 34.0 months |
Grace period usage | 10% |
Average grace period | DK |
Daily | |
Weekly | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | x |
Every 6 months | |
Every 12 months | |
Single end payment | x |
Irregular payments | x |
Lowest quoted nominal interest | 7.00% |
Highest quoted nominal interest | 36.00% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Loan Purpose |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | No |
Required for | Never |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | N/A |
Do borrowers control deposit in their group? | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
% loan amount deposited | N/A |
or, Fixed-amount deposited | N/A |
Conditions on access to deposit | N/A |
Minimum interest rate paid | N/A |
Maximum interest rate paid | N/A |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | BOB 2,800 | BOB 6,591.77 | BOB 15,000 | BOB 28,000 | BOB 56,600 | BOB 80,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2010-01-06 | 2010-05-19 | 2010-05-31 | 2010-05-07 | 2010-06-18 | 2010-06-11 | |||||
Loan Term (Months) | 12.0 months | 12.0 months | 9.0 months | 36.0 months | 24.0 months | 48.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 30.5% | 25.3% | 24.3% | 22.4% | 19.5% | 17.2% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 30.5% | 25.3% | 24.3% | 22.4% | 19.5% | 17.2% | |||||
Transparency Index | 23 | 28 | 29 | 31 | 36 | 41 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.pride-tz.org |
Year established | 1993 |
Head of Institution | Mr Rashid Malima |
Regions active | Arusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kigoma, Kilimanjaro, Lindi, Manyara, MaraMbeya, Morogoro, Mtwara, Mwanza, Pemba North, Pwani, Rukwa, Ruvuma, ShinyangaSingida |
# Branches | 70 |
Total Portfolio (nat'l) | TZS 52,981,652,027 |
Total Portfolio (USD) | USD 33,321,793.73 |
Active clients with loans | 102,278 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 80% - 100% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group product (MEC loan product) | TZS 300,000 - 3,000,000 | 5 - 12 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
Premium Group | TZS 3,000,000 - 35,000,000 | 6 - 24 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Group Mtgs, Credit Ins | |||||||
Salary Loan | TZS 100,000 - 15,000,000 | 6 - 24 | 40% - 60% | 80% - 100% | Any Purpose | Women, Men, Salaried worker |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Group product (MEC loan product) | 30.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 3,000.00 ongoing | 52.8% - 54.9% | 97% - 141.6% | 25 | ||||||||
Premium Group | 22.0%-24.0% annual, Flat | 1 Fee | 1 Ins | None | 25.0% upfront 13,000.00 ongoing | 43% - 43.3% | 77.9% - 80.5% | 27 | ||||||||
Salary Loan | 36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 39.4% - 42.6% | 39.4% - 42.6% | 88 |
Key Statistics | |
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# Samples: | |
# Products | |
# Institutions | |
# Countries | |
# Borrowers | |
Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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