| Outstanding portfolio (KHR) | KHR 18,256,853,500 |
| Portfolio (USD) | USD 4,621,988.23 |
| Active Clients with Loans | 19,944 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 0% - 20% |
| 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 | |
| Group meetings | x |
| Credit insurance | |
| 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 | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 13 |
| # Regions for this product | 13 |
| Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Speu, Kampot, KandalKratié, Oddar Meancheay, Phnom Penh, Prey VengSiem Reap, Svay Rieng, Takéo |
| Currency | KHR |
| Minimum loan size | KHR 200,000 |
| Maximum loan size | 2,000,000 |
| Loans less than KHR 1,000,000 | 40% |
| KHR 1,000,000-3,500,000 | 60% |
| KHR 3,500,000-6,000,000 | 0 |
| KHR 6,000,000-8,000,000 | 0 |
| KHR 8,000,000-10,000,000 | 0 |
| Greater than KHR 10,000,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 18.0 months |
| Approx average | 11.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 70% |
| Between 13 and 18 months | 30% |
| Longer than 18 months | 0 |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | x |
| Every 2 weeks | x |
| Every 4 weeks | x |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.70% |
| Highest quoted nominal interest | 3.50% |
| Reason(s) why interest rate varies | Branch, Time as Client, Client Risk, Loan Purpose |
| 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 |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | KHR 200,000 | KHR 500,000 | KHR 1,200,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-02-22 | 2013-02-19 | 2013-02-19 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 18.0 months | ||
| Grace Period (Months) | -0.3 months | -0.2 months | -0.5 months | ||
| Total Cost of Credit | KHR 36,900 | KHR 93,000 | KHR 318,800 | ||
| True Price by Comp | |||||
| Interest price component | 35.1% | 35.0% | 34.9% | ||
| 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) | 35.1% | 35.0% | 34.9% | ||
| Transparency Index | 92 | 93 | 93 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| Institution Type | Non-Governmental Organization |
| Is this institution regulated? | No |
| Website address | http://www.brac.net/ |
| Year established | 2006 |
| Head of Institution | Mr.Gunendu .K. Roy |
| Regions active | Arusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kilimanjaro, Manyara, MaraMbeya, Morogoro, Mwanza, ShinyangaSingida, Tabora, Tanga, Zanzibar Central/South, Zanzibar North, Zanzibar Urban/West |
| # Branches | 112 |
| Total Portfolio (nat'l) | TZS 31,264,999,264 |
| Total Portfolio (USD) | USD 19,663,521.55 |
| Active clients with loans | 102,392 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Tanzania Association of Microfinance Institutions |
| Funders | UNICEF, FSDT, Triodos, BRAC Africa Loan fund |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microfinance Loan | TZS 175,000 - 2,600,000 | 6 - 12 | 100% | 20% - 40% | Business | Women, Have business, Specific age group, 20- 50 years old | Credit Educ, Group Mtgs, Credit Ins, Other Training, Training on health, women empowerment and income generating opportunities. | |||||||
| Small Enterprise Program (SEP) Loan | TZS 1,200,000 - 14,000,000 | 6 - 12 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business, Have home or land, Specific age group, 20 - 50 years old | Credit Educ, Group Mtgs, Credit Ins |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Microfinance Loan | 32.5%-33.8% annual, Flat | 1 Fee | 0 Ins | None | 10.0% upfront | 61.5% - 68.1% | 73.8% - 82.7% | 41 | ||||||||
| Small Enterprise Program (SEP) Loan | 25.0%-26.0% annual, Flat | 2 Fees | 0 Ins | None | 10.0% upfront | 44.5% - 45.1% | 52.9% - 53.7% | 47 |
| 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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