Number borrowers | 30,716 |
Loan Amount (range) | USD 75 - 50,000 |
Loan Term (range) | 4 - 48 |
Other Services (text summary) | |
Annual Interest & Method | 16.8%-32.4% annual, Decl Bal |
Fees | None |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 14.5% - 34.8% |
Fee Component | 0 |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 21.7% - 32.4% |
Transparency Index (min/max) | 52 - 100 |
Transparency Index (average) | 64 |
2,648 |
TZS 50,000 - 4,000,000 |
3 - 12 |
Credit Educ, Group Mtgs, Credit Ins |
48.00% annual, Flat |
None |
None |
None |
20.00% upfront |
54.3% - 93.0% |
0 - 37.2% |
0 |
0 |
91.0% - 138.1% |
35 - 55 |
38 |
Outstanding portfolio (USD) | USD 100,526,647 |
Portfolio (USD) | USD 100,526,647 |
Active Clients with Loans | 30,716 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
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 | |
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 | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 24 |
# Regions for this product | 24 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh Kong, KepKratié, Mondulkiri , Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo |
Outstanding portfolio (TZS) | TZS 793,564,983.30 |
Portfolio (USD) | USD 499,097.47 |
Active Clients with Loans | 2,648 |
Approximate % Female Clients | 60% - 80% |
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 | x |
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, Mwanza, Pwani |
Currency | USD |
Minimum loan size | USD 75 |
Maximum loan size | 50,000 |
Loans less than USD 250 | 0 |
USD 250-1,000 | 0 |
USD 1,000-1,500 | 0 |
USD 1,500-2,000 | 10% |
USD 2,000-2,500 | 10% |
Greater than USD 2,500 | 10% |
Shortest loan term | 4.0 months |
Longest loan term | 48.0 months |
Approx average | 27.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 5% |
Between 13 and 18 months | 5% |
Longer than 18 months | 80% |
Grace period usage | 10% |
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 | x |
Currency | TZS |
Minimum loan size | TZS 50,000 |
Maximum loan size | 4,000,000 |
Loans less than TZS 350,000 | 5% |
TZS 350,000-1,250,000 | 50% |
TZS 1,250,000-2,000,000 | 30% |
TZS 2,000,000-3,000,000 | 15% |
TZS 3,000,000-4,000,000 | 0 |
Greater than TZS 4,000,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 6.0 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 | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 1.40% |
Highest quoted nominal interest | 2.70% |
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 |
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 |
Lowest quoted nominal interest | 48.00% |
Highest quoted nominal interest | 48.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | Yes |
Is rate fixed for entire loan term | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | No |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 20.00% |
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 3 | Sample 4 | Sample 5 | Sample 6 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | USD 300 | USD 600 | USD 1,800 | USD 3,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2013-01-17 | 2012-12-26 | 2013-03-01 | 2012-10-25 | |||
Loan Term (Months) | 12.0 months | 10.0 months | 18.0 months | 24.0 months | |||
Grace Period (Months) | 0.0 months | -0.3 months | -0.3 months | 2.9 months | |||
Total Cost of Credit | USD 52.91 | USD 84.19 | USD 302.22 | USD 750.89 | |||
True Price by Comp | |||||||
Interest price component | 32.4% | 32.4% | 21.7% | 21.7% | |||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 32.4% | 32.4% | 21.7% | 21.7% | |||
Transparency Index | 52 | 52 | 77 | 77 | |||
Original Repayment Schedule | |||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | TZS 100,000 | TZS 300,000 | TZS 500,000 | TZS 1,000,000 | TZS 2,000,000 | TZS 3,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | 1 | 6 | 3 | 4 | 5 | 6 | |||||
Disbursement Date | 2013-01-14 | 2013-02-13 | 2013-01-06 | 2013-01-22 | 2013-02-04 | 2013-01-29 | |||||
Loan Term (Months) | 5.6 months | 5.6 months | 7.0 months | 7.0 months | 7.0 months | 11.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 1.0 month | 0.0 months | 0.0 months | 0.0 months | |||||
Total Cost of Credit | TZS 24,000 | TZS 72,000 | TZS 120,000 | TZS 320,000 | TZS 640,000 | TZS 1,440,000 | |||||
True Price by Comp | |||||||||||
Interest price component | 93.0% | 93.0% | 65.5% | 92.0% | 89.0% | 89.5% | |||||
Fee Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
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 | 45.1% | 45.1% | 25.5% | 42.5% | 39.7% | 37.7% | |||||
Full APR (int fee ins tax dep) | 138.1% | 138.1% | 91.0% | 134.5% | 128.7% | 127.2% | |||||
Transparency Index | 35 | 35 | 53 | 36 | 37 | 38 | |||||
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 | ||||||
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Greater than: | ||||||
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By Inst Type | ||||||
By Country | ||||||
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From 0 to | ||||||
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