Outstanding portfolio (USD) | USD 539,745 |
Portfolio (USD) | USD 539,745 |
Active Clients with Loans | 1,677 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 20% - 40% |
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 | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 18 |
# Regions for this product | 18 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Phnom Penh, Sihanoukville, Pursat, Prey VengSiem Reap, Svay Rieng, Takéo |
Currency | USD |
Minimum loan size | USD 150 |
Maximum loan size | 1,000 |
Loans less than USD 250 | 10% |
USD 250-1,000 | 90% |
USD 1,000-1,500 | 0 |
USD 1,500-2,000 | 0 |
USD 2,000-2,500 | 0 |
Greater than USD 2,500 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 20.0 months |
Loans 3 months or less | 5% |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 10% |
Between 10 and 12 months | 10% |
Between 13 and 18 months | 20% |
Longer than 18 months | 50% |
Grace period usage | 70% |
Average grace period | 2.0 months |
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 | 1.20% |
Highest quoted nominal interest | 1.20% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | Yes |
Is rate fixed for entire loan term | 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 |
Sample 1 | Sample 2 | Sample 3 | |||
---|---|---|---|---|---|
Loan Amount | USD 600 | USD 700 | USD 1,000 | ||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
Disbursement Date | 2012-11-07 | 2012-09-20 | 2012-12-05 | ||
Loan Term (Months) | 25.0 months | 19.0 months | 24.0 months | ||
Grace Period (Months) | 3.4 months | 2.9 months | 3.0 months | ||
Total Cost of Credit | USD 102.70 | USD 94.59 | USD 166.94 | ||
True Price by Comp | |||||
Interest price component | 14.4% | 14.4% | 14.3% | ||
Fee Component | 0.0% | 0.0% | 0.0% | ||
Insurance Component | 0.0% | 0.0% | 0.0% | ||
Tax Component | 0.0% | 0.0% | 0.0% | ||
Deposit Component | 0.0% | 0.0% | 0.0% | ||
Full APR (int fee ins tax dep) | 14.4% | 14.4% | 14.3% | ||
Transparency Index | 100 | 100 | 100 | ||
Original Repayment Schedule | |||||
MFT Pricing Calculation |
Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.accessbank.co.tz/ |
Year established | 2007 |
Head of Institution | Roland Coulon |
Regions active | Dar es Salaam, Mwanza, Shinyanga, Tabora |
# Branches | 10 |
Total Portfolio (nat'l) | TZS 59,431,169,032 |
Total Portfolio (USD) | USD 37,378,093.73 |
Active clients with loans | 25,446 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 80% - 100% |
Network affiliations | AccessBank Group |
Funders | Access Microfinance Holding AG ( AccessHolding), IFC, KfW, AfDB |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | TZS 100,000 - 25,000,000 | 3 - 24 | 20% - 40% | 80% - 100% | Business | Women, Men, Have business, operating business atleast for six months | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Agroloan | TZS 100,000 - 25,000,000 | 3 - 18 | 0% - 20% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Tech Asst Visits |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 42.0%-66.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 52.9% - 64.3% | 52.9% - 64.3% | 72 | ||||||||
Agroloan | 42.0%-54.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 54% - 56.4% | 54% - 56.4% | 74 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
% Products with one or more fee | |
% Products with one or more insurances | |
% Products with compulsory deposits |
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