Diaconia - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 131 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Diaconia Av. Juan Pablo II No 125 El AltoLa Paz

Data approved: 2013-09-16

Data version: 2

Age of data: 131 months

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Institution Details

Institution Type	Non-Governmental Organization
Is this institution regulated?	No
Website address	http://www.diaconia-frif.org/
Year established	1991
Head of Institution	Ricardo Suxo Condori
Regions active	Beni , Chuquisaca , Cochabamba , La Paz , Oruro , Potosí, Santa Cruz, Tarija
# Branches	36

Total Portfolio (nat'l)	BOB 578,706,840
Total Portfolio (USD)	USD 85,734,346.67
Active clients with loans	67,073
Approximate % female clients	40% - 60%
Approximate % urban clients	80% - 100%
Network affiliations	FINRURAL
Funders	Mision Alianza Noruega

Loan Products » Summary

Comunal

27,255 Borrowers

USD 9,952,828.99 Portfolio

Active Product

Individual

39,818 Borrowers

USD 75,781,519.36 Portfolio

Active Product

Loan Products » Conditions

Product Name		Loan Size Range		Loan Term (months)		% Female		% Urban		Loan Purpose		Eligibility		Other Services
Credito de Banca Communal		BOB 200 - 10,000		4 - 10		80% - 100%		80% - 100%		Business, Housing, Consumer, Education, Other		Women		Group Mtgs
Microcredito Individual		BOB 200 - 560,000		3 - 96		20% - 40%		80% - 100%		Any Purpose		Women, Men		Other Training

Loan Products » Pricing Information

Product Name		Annual Nominal Interest		Fees		Insurance		Taxes		Compulsory Deposit		APR (int+fee)		Full APR		Transparency Index
Credito de Banca Communal		36.0% annual, Flat		0 Fees		1 Ins		None		20.0% upfront 20.00% ongoing		55.8% - 59.6%		93.5% - 106.7%		36
Microcredito Individual		13.0%-24.0% annual, Decl Bal		0 Fees		1 Ins		None		N/A		17.1% - 24.1%		17.7% - 24.7%		62

Institution Price Graph

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Please note that the information you are viewing is 136 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Mbinga Community Bank Ltd Head QuartersMbinga, RuvumaPO Box 290

Data approved: 2013-03-20

Data version: 2

Age of data: 136 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 297,308,780.30
Portfolio (USD)	USD 186,986.65
Active Clients with Loans	86
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	40% - 60%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

It enables clients to meet their financial demands while enjoying flexible payments.

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings	x
Credit insurance
Workplace visits
Business training	x
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker	x
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	1
# Regions for this product	1
Regions Active	Ruvuma

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 300,000
Maximum loan size	6,000,000

Distribution at Disbursement (Est.)

Loans less than TZS 350,000	5%
TZS 350,000-1,250,000	10%
TZS 1,250,000-2,000,000	10%
TZS 2,000,000-3,000,000	10%
TZS 3,000,000-4,000,000	10%
Greater than TZS 4,000,000	10%

Loan Term and Grace Period

Shortest loan term	12.0 months
Longest loan term	12.0 months
Approx average	12.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	0
Between 7 and 9 months	0
Between 10 and 12 months	100%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	24.00%
Highest quoted nominal interest	24.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	No
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	Loan Application Fee	Legal Set Up Fee
% of loan amount - min	2.00%	1.00%
% of loan amount - max	2.00%	1.00%
OR, Fixed amount - min	0	0
Fixed amount - max	0	0
Reason for variation	N/A	N/A
Appears on Repayment Sched?	No	Yes

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Loan Insurance
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Salary Loan samples

	Sample 2	Sample 3	Sample 4	Sample 5	Sample 6
Loan Amount	TZS 450,000	TZS 1,000,000	TZS 1,900,000	TZS 3,000,000	TZS 5,000,000
Loan Cycle (1, 2, 3, etc)	1	1	1	Not Known	Not Known
Disbursement Date	2013-02-21	2013-03-28	2013-02-25	2013-05-18	2013-01-30
Loan Term (Months)	11.0 months	11.0 months	11.0 months	23.0 months	11.0 months
Grace Period (Months)	-1.0 months	-1.0 months	-1.0 months	-1.0 months	-1.0 months
Total Cost of Credit	TZS 126,000	TZS 280,000	TZS 532,000	TZS 1,558,000.07	TZS 1,400,000
True Price by Comp
Interest price component	49.8%	49.8%	49.8%	44.9%	49.7%
Fee Component	7.4%	7.4%	7.4%	3.8%	7.5%
Insurance Component	2.6%	2.6%	2.6%	1.3%	2.5%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	0.0%	0.0%	0.0%	0.0%	0.0%
Full APR (int fee ins tax dep)	59.8%	59.8%	59.8%	50.0%	59.7%
Transparency Index	40	40	40	48	40

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF

Salary Loan Price Graphs

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Key Statistics
# 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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
Min
Max
Std Dev

By Inst Type


By Country

	X Axis
	Greater than:
	Less or equal to:
	From 0 to
	to
	to
	to ∞

Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Salary Loan samples

Salary Loan Price Graphs

Total Borrowers of Samples

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