Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | N/A |
Year established | 1987 |
Head of Institution | A. Pablo Nuñez Quiroga |
Regions active | Beni , Santa Cruz |
# Branches | 11 |
Total Portfolio (nat'l) | BOB 108,376,975 |
Total Portfolio (USD) | USD 16,055,848.15 |
Active clients with loans | 8,006 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 60% - 80% |
Network affiliations | WomenŽs World Banking, FINRURAL |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asalariado | USD 50 - 5,000 | 4 - 36 | 20% - 40% | 60% - 80% | Consumer | Women, Men, Salaried worker | Credit Ins | |||||||
Asociativo | USD 50 - 2,000 | 12 - 36 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Estar afiliado a una asociacion | Credit Ins | |||||||
Independiente | USD 50 - 15,000 | 6 - 48 | 60% - 80% | 20% - 40% | Business, Agriculture | Women, Men, Have business | Credit Ins | |||||||
Linea Agil | USD 500 - 25,000 | 3 - 48 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Credit Ins | |||||||
Oportuno | USD 50 - 1,000 | 3 - 18 | 60% - 80% | 20% - 40% | Business | Women, Men, Have business | Credit Ins | |||||||
Transporte | USD 500 - 25,000 | 6 - 48 | 20% - 40% | 60% - 80% | Business | Women, Men, Debe estar afiliado a alguna asociacion, cooperativa y /o Sindicato de transporte. | Credit Ins | |||||||
Mipe | USD 15,001 - 25,000 | 6 - 48 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Asalariado | 29.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 30% - 34.9% | 30.9% - 35.7% | 77 | ||||||||
Asociativo | 20.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 20.1% - 36% | 20.8% - 36.7% | 68 | ||||||||
Independiente | 20.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 20.1% - 35.9% | 20.8% - 36.6% | 69 | ||||||||
Linea Agil | 18.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 19.8% - 32% | 20.5% - 32.7% | 68 | ||||||||
Oportuno | 32.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 32% - 35.9% | 32.6% - 36.6% | 87 | ||||||||
Transporte | 18.0%-36.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 19.1% - 26.1% | 19.8% - 26.7% | 77 | ||||||||
Mipe | 19.0%-21.0% annual, Decl Bal | 0 Fees | 1 Ins | None | N/A | 20.1% - 21.1% | 20.8% - 21.8% | 89 |
Outstanding portfolio (TZS) | TZS 27,927,799,527 |
Portfolio (USD) | USD 17,564,653.79 |
Active Clients with Loans | 9,944 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | |
Workplace visits | x |
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) |
# Regions for this institution | 14 |
# Regions for this product | 16 |
Regions Active | Arusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kilimanjaro, Manyara, MaraMbeya, Morogoro, Mwanza, Pwani, Ruvuma, Shinyanga, Tabora, Tanga |
Currency | TZS |
Minimum loan size | TZS 500,000 |
Maximum loan size | 30,000,000 |
Loans less than TZS 350,000 | 0 |
TZS 350,000-1,250,000 | 30% |
TZS 1,250,000-2,000,000 | 10% |
TZS 2,000,000-3,000,000 | 20% |
TZS 3,000,000-4,000,000 | 15% |
Greater than TZS 4,000,000 | 15% |
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 9.9 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 20% |
Between 7 and 9 months | 20% |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 30% |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 3.00% |
Highest quoted nominal interest | 5.00% |
Reason(s) why interest rate varies | Loan Size |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Application Fee |
% of loan amount - min | 0.50% |
% of loan amount - max | 0.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
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 |
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 425,000 | Generated | 2015-02-01 | 6.0 months | N/A | TZS 79,520.75 | 60.4% | 58.6% | 1.8% | 0.0% | 0.0% | 0.0% | 60 | - | |
TZS 750,000 | Generated | 2015-02-01 | 9.0 months | N/A | TZS 203,764.51 | 59.9% | 58.6% | 1.3% | 0.0% | 0.0% | 0.0% | 60 | - | |
TZS 1,000,000 | Generated | 2015-02-01 | 12.1 months | N/A | TZS 359,724.80 | 59.6% | 58.6% | 1.0% | 0.0% | 0.0% | 0.0% | 60 | - | |
TZS 1,750,000 | Generated | 2015-02-01 | 18.0 months | N/A | TZS 954,488.33 | 59.3% | 58.6% | 0.7% | 0.0% | 0.0% | 0.0% | 61 | - | |
TZS 2,125,000 | Generated | 2015-02-01 | 6.0 months | N/A | TZS 397,603.75 | 60.4% | 58.6% | 1.8% | 0.0% | 0.0% | 0.0% | 60 | - | |
TZS 2,500,000 | Generated | 2015-02-01 | 12.1 months | N/A | TZS 899,312 | 59.6% | 58.6% | 1.0% | 0.0% | 0.0% | 0.0% | 60 | - | |
TZS 3,500,000 | Generated | 2015-02-01 | 18.0 months | N/A | TZS 1,908,976.66 | 59.3% | 58.6% | 0.7% | 0.0% | 0.0% | 0.0% | 61 | - | |
TZS 4,500,000 | Generated | 2015-02-01 | 18.0 months | N/A | TZS 2,454,398.56 | 59.3% | 58.6% | 0.7% | 0.0% | 0.0% | 0.0% | 61 | - |
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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