| 137 |
| TZS 500,000 - 15,000,000 |
| 6 - 12 |
| Credit Educ, Credit Ins |
| 36.00% annual, Flat |
| 2 fees |
| None |
| None |
| 10.00% upfront |
| 54.3% - 93.0% |
| 0 - 37.2% |
| 0 |
| 0 |
| 78.6% - 95.4% |
| 35 - 55 |
| 43 |
| Outstanding portfolio (TZS) | TZS 728,594,233.20 |
| Portfolio (USD) | USD 458,235.37 |
| Active Clients with Loans | 137 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 60% - 80% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | x |
| 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) |
| # Regions for this institution | 4 |
| # Regions for this product | 4 |
| Regions Active | Dar es Salaam, Mara, Mtwara, Pwani |
| Currency | TZS |
| Minimum loan size | TZS 500,000 |
| Maximum loan size | 15,000,000 |
| Loans less than TZS 350,000 | 0 |
| TZS 350,000-1,250,000 | 5% |
| 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% |
| Shortest loan term | 6.0 months |
| Longest loan term | 12.0 months |
| Approx average | 8.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 40% |
| Between 7 and 9 months | 30% |
| Between 10 and 12 months | 30% |
| Between 13 and 18 months | 0 |
| 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 | 36.00% |
| Highest quoted nominal interest | 36.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | Yes |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | Fee 2 | ||
|---|---|---|---|
| Description | Loan Application Fee | Loan Processing Fee | |
| % of loan amount - min | 0 | 2.00% | |
| % of loan amount - max | 0 | 2.00% | |
| OR, Fixed amount - min | 20,000 | 0 | |
| Fixed amount - max | 20,000 | 0 | |
| Reason for variation | N/A | N/A | |
| Appears on Repayment Sched? | No | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | No |
| Do borrowers control deposit in their group? | No |
| % loan amount deposited | 10.00% |
| or, Fixed-amount deposited | 0 |
| % loan amount deposited | 0 |
| or, Fixed-amount deposited | 0 |
| Conditions on access to deposit | End Term |
| Minimum interest rate paid | 0 |
| Maximum interest rate paid | 0 |
| 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 | TZS 500,000 | TZS 1,000,000 | TZS 2,000,000 | TZS 3,000,000 | TZS 4,000,000 | TZS 5,000,000 | |||||
| Loan Cycle (1, 2, 3, etc) | 2 | 2 | 2 | 2 | 4 | 6 | |||||
| Disbursement Date | 2012-12-21 | 2013-01-07 | 2013-01-17 | 2013-02-20 | 2012-12-21 | 2012-12-21 | |||||
| Loan Term (Months) | 6.0 months | 6.0 months | 8.0 months | 8.0 months | 8.0 months | 6.0 months | |||||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.1 months | -0.1 months | 0.0 months | 0.0 months | |||||
| Total Cost of Credit | TZS 120,000 | TZS 220,000 | TZS 540,000 | TZS 800,000 | TZS 1,060,000 | TZS 1,020,000 | |||||
| True Price by Comp | |||||||||||
| Interest price component | 58.0% | 58.5% | 59.4% | 59.7% | 59.1% | 58.0% | |||||
| Fee Component | 22.3% | 14.8% | 8.7% | 7.8% | 7.2% | 8.7% | |||||
| 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 | 15.1% | 13.6% | 12.7% | 12.5% | 12.3% | 12.3% | |||||
| Full APR (int fee ins tax dep) | 95.4% | 86.9% | 80.8% | 80.0% | 78.6% | 79.0% | |||||
| Transparency Index | 38 | 41 | 45 | 45 | 46 | 46 | |||||
| Original Repayment Schedule | |||||||||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 ∞ | ||||||
