2. AMPL
Please note that the information you are viewing is 139 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. Tujijenge Tanzania
Please note that the information you are viewing is 135 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Anjali Microfin Pvt Ltd CD-310Salt Lake City, Sector รป IKolkata, West BengalPO Box 700064
Data approved: 2013-01-22
Data version: 2
Age of data: 139 months
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Institution

Tujijenge Tanzania Limited Head OfficeDar Es SalaamPO Box 22320
Data approved: 2013-05-30
Data version: 2
Age of data: 135 months
Choose version

Product

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Product

MYC4 Loan Product 4 of 4 « Prev | Next »

Product Summary

160
TZS 500,000 - 50,000,000
6 - 18
Credit Educ, Group Mtgs, Credit Ins
40.08% annual, Decl Bal
2 fees
None
None
N/A
 
54.3% - 93.0%
0 - 37.2%
0
0
73.1% - 91.5%
35 - 55
50

This institution provided data on this product on 2010-10-25 and the product was no longer active when they submitted data on 2013-01-22.

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 326,882,769.50
Portfolio (USD)USD 205,586.65
Active Clients with Loans160
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
The loan purpose is to finance a wide range of working capital requirements for micro and small entrepreneurs.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveDar es Salaam, Mara, Mtwara, Pwani

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 500,000
Maximum loan size50,000,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,0000
TZS 350,000-1,250,00010%
TZS 1,250,000-2,000,00010%
TZS 2,000,000-3,000,00010%
TZS 3,000,000-4,000,00020%
Greater than TZS 4,000,00020%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term18.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months50%
Between 10 and 12 months30%
Between 13 and 18 months5%
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest40.08%
Highest quoted nominal interest40.08%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionLoan Application FeeLoan Processing Fee
% of loan amount - min06.00%
% of loan amount - max06.00%
OR, Fixed amount - min20,0000
Fixed amount - max20,0000
Reason for variationN/AN/A
Appears on Repayment Sched?YesNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No
Additional Comments
Funding source for this product is MYC4. The processing fee is distributed as follows: 4% Tujijenge and 2% MYC4.

Full Pricing Data

MYC4 Loan samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountTZS 520,997.40TZS 1,043,200TZS 2,000,000TZS 3,216,350TZS 4,176,200TZS 5,215,012.60
Loan Cycle (1, 2, 3, etc)111221
Disbursement Date2012-08-212013-01-172012-11-072012-11-302012-11-262012-10-25
Loan Term (Months)6.0 months6.0 months6.0 months8.0 months8.0 months8.0 months
Grace Period (Months)0.0 months0.1 months0.0 months0.0 months0.0 months0.1 months
Total Cost of CreditTZS 139,586.32TZS 259,449.28TZS 479,066.94TZS 914,431.82TZS 1,194,136.38TZS 1,486,198
True Price by Comp           
Interest price component54.3%55.2%55.0%54.9%54.7%54.5%
Fee Component37.2%29.9%26.3%19.8%19.0%18.6%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)91.5%85.1%81.3%74.7%73.7%73.1%
Transparency Index444749545455
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
MYC4 Loan Price Graphs


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