2. AgroCapital
Please note that the information you are viewing is 173 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FINCA Tanzania
Please note that the information you are viewing is 119 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Fundación Agrocapital Calle Nataniel Aguirre No. S-669Cochabamba, Cercado5901
Data approved: 2010-10-28
Data version: 1
Age of data: 173 months

Institution

FINCA Tanzania M.F.C. Limited Plot # 84 Morogoro Rd,Dar es SalaamP.O Box 78783
Data approved: 2014-11-04
Data version: 3
Age of data: 119 months
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Product

Microcrédito Vivienda (USD) Product 7 of 11 « Prev | Next »

Product

Small Group Loan Product 2 of 3 « Prev | Next »

Product Summary

Number borrowers111
Loan Amount (range)USD 600 - 12,000
Loan Term (range)12 - 60
Other Services (text summary)Credit Ins
Annual Interest & Method22.0%-30.0% annual, Decl Bal
Fees5.00% upfront 5.00% ongoing
InsuranceNone
Tax15.00% Principal
Comp DepN/A
Range of pricing 
Interest Price ComponentN/A
Fee Component24.9% - 32.2% (Int+Fee)
Insurance Component0 - 0.6%
Tax Component Range0 - 0.4%
Full APR (int fee ins tax dep)25.0% - 32.3%
Transparency Index (min/max)0 - N/A
Transparency Index (average)75

Product Summary

12,475
TZS 350,000 - 4,000,000
6 - 12
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
64.8% annual, Decl Bal
1.00% upfront
None
None
N/A
 
58.6% - 82.2%
0 - 3.6%
0
0
65.2% - 66.8%
60 - 100
98

Product Details

Key Statistics
Outstanding portfolio (USD)USD 433,734
Portfolio (USD)USD 433,734
Active Clients with Loans111
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Producto crediticio orientado a financiar viviendas de clientes que cuenten con volumen de negocios y patrimonio relativamente pequeño y tengan experiencia y capacidad para manejar sus negocios.
Loan Purpose
Any purpose
Income generation
Mortgage/housingx
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherBuenos antecedentes personales y crediticios. Actividad económica y financieramente viable.
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 5,871,004,648
Portfolio (USD)USD 3,692,455.75
Active Clients with Loans12,475
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
This loan is given to groups of between 5 to 10 members who can borrow up to TZS 4,000,000.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution14
# Regions for this product15
Regions ActiveArusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kilimanjaro, Manyara, MaraMbeya, Morogoro, Mwanza, Pwani, Ruvuma, Shinyanga, Tanga

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 600
Maximum loan size12,000
Loan Term and Grace Period
Shortest loan term12.0 months
Longest loan term60.0 months
Approx average32.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 350,000
Maximum loan size4,000,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,0000
TZS 350,000-1,250,00090%
TZS 1,250,000-2,000,00010%
TZS 2,000,000-3,000,0000
TZS 3,000,000-4,000,0000
Greater than TZS 4,000,0000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average8.7 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months30%
Between 7 and 9 months40%
Between 10 and 12 months30%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest30.00%
Reason(s) why interest rate variesLoan Size, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?Yes
Ongoing Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min5.00%
% of loan amount - max5.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?Yes
Percentage of fees0
All or some fees taxedN/A

Pricing Information

Interest
Lowest quoted nominal interest5.40%
Highest quoted nominal interest5.40%
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionDisbursement Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Microcrédito Vivienda (USD) samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountUSD 1,000USD 2,000USD 3,500USD 8,000USD 12,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-06-022010-02-162010-03-202010-02-152010-03-05
Loan Term (Months)24.0 months24.0 months36.0 months36.0 months60.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component32.2%31.4%30.5%27.0%24.9%
Insurance Component0.0%0.0%0.0%0.0%0.0%
Tax Component0.2%0.2%0.1%0.1%0.1%
Deposit Component0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)32.3%31.6%30.6%27.2%25.0%
Transparency Index6870728188
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF

Full Pricing Data

Small Group Loan samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
TZS 450,000 Generated 2015-03-01 6.0 months N/A TZS 92,587.75 66.8% 63.2% 3.6% 0.0% 0.0% 0.0% 97 - PDF
TZS 700,000 Generated 2015-03-01 9.0 months N/A TZS 208,424.88 65.8% 63.2% 2.6% 0.0% 0.0% 0.0% 99 - PDF
TZS 930,000 Generated 2015-03-01 9.0 months N/A TZS 276,907.34 65.8% 63.2% 2.6% 0.0% 0.0% 0.0% 99 - PDF
TZS 1,250,000 Generated 2015-03-01 9.0 months N/A TZS 372,187.28 65.8% 63.2% 2.6% 0.0% 0.0% 0.0% 99 - PDF
TZS 1,500,000 Generated 2015-03-01 9.0 months N/A TZS 446,624.74 65.8% 63.2% 2.6% 0.0% 0.0% 0.0% 99 - PDF
TZS 1,725,000 Generated 2015-03-01 12.0 months N/A TZS 679,011 65.2% 63.2% 2.0% 0.0% 0.0% 0.0% 99 - PDF
TZS 1,850,000 Generated 2015-03-01 12.0 months N/A TZS 728,214.70 65.2% 63.2% 2.0% 0.0% 0.0% 0.0% 99 - PDF
TZS 2,000,000 Generated 2015-03-01 12.0 months N/A TZS 787,259.13 65.2% 63.2% 2.0% 0.0% 0.0% 0.0% 99 - PDF
Microcrédito Vivienda (USD) Price Graphs


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Small Group 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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X Axis
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Total Borrowers of Samples

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