Kenya Women Finance Trust Deposit Taking Microfinance Ltd - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 141 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Kenya Women Finance Trust Deposit Taking Microfinance Ltd P.O. Box 4179 - 00506Kiambere Road, Upper HillNairobi

Data approved: 2013-06-24

Data version: 2

Age of data: 141 months

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Institution Details

Institution Type	Non Bank Financial Institution
Is this institution regulated?	Yes
Website address	http://www.kwftdtm.com
Year established	1982
Head of Institution	Mwangi Githaiga
Regions active	Central, Coast, Eastern, Nairobi, North Eastern, Nyanza, Rift Valley, Western
# Branches	235

Total Portfolio (nat'l)	KES 13,743,335,462
Total Portfolio (USD)	USD 165,982,312.30
Active clients with loans	250,748
Approximate % female clients	80% - 100%
Approximate % urban clients	0% - 20%
Network affiliations	Women's World Banking, AMFI, AFRACA
Funders	KWH, Employee Share Ownership Plan (ESOP)

Loan Products » Summary

Biashara

219,089 Borrowers

USD 147,326,470.70 Portfolio

Active Product

Consumer

3,642 Borrowers

USD 1,049,663.59 Portfolio

Active Product

Elimu

13,496 Borrowers

USD 6,138,841.28 Portfolio

Active Product

Mwamba

7,643 Borrowers

USD 7,066,361.15 Portfolio

Active Product

Mwangaza

38,391 Borrowers

USD 3,285,406.97 Portfolio

Active Product

Start Up

12,383 Borrowers

USD 1,115,568.65 Portfolio

Active Product

Loan Products » Conditions

Product Name	Loan Size Range	Loan Term (months)	% Female	% Urban	Loan Purpose	Eligibility	Other Services
Biashara Loan	KES 10,000 - 45,000,000	6 - 60	60% - 80%	0% - 20%	Business	Women, Have business	Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Health education, Women empowerment
Consumer Loan	KES 10,000 - 200,000	6 - 18	80% - 100%	0% - 20%	Consumer	Women, Have business	Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Leadership, Women empowerment
Elimu Loan	KES 5,000 - 200,000	6 - 12	80% - 100%	0% - 20%	Education	Women, Have business, Evidence of school admission/attendance	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
Agricultural Loan	KES 10,000 - 45,000,000	6 - 36	80% - 100%	0% - 20%	Business, Agriculture	Women, Have business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training, Leadership, Women Empowerment
Energy Loan	KES 50,000 - 200,000	6 - 36	80% - 100%	0% - 20%	Business, Other	Women, Have business	Credit Educ, Group Mtgs, Tech Asst Visits, Business Training, Other Training, Leadership, Women empowerment
Asset Financing Loan	KES 50,000 - 10,000,000	6 - 60	80% - 100%	0% - 20%	Business	Women, Must be willing to set up a viable business	Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training, Other Training

Loan Products » Pricing Information

Product Name	Annual Nominal Interest	Fees	Insurance	Taxes	Compulsory Deposit	APR (int+fee)	Full APR	Transparency Index
Biashara Loan	20.0%-21.6% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	37.1% - 42.8%	47.8% - 60.2%	35
Consumer Loan	18.0%-22.0% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	40.6% - 40.7%	52.7% - 55.7%	33
Elimu Loan	20.0%-22.0% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	38% - 43.9%	52.7% - 61.3%	35
Agricultural Loan	20.0%-22.0% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	37% - 42.8%	47% - 56.9%	36
Energy Loan	20.0%-22.0% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	36.8% - 40.8%	51.9% - 57.7%	33
Asset Financing Loan	11.2%-20.0% annual, Flat	2 Fees	1 Ins	None	10.0%-20.0% upfront 50.00-0.00 ongoing	35.9% - 41.4%	43.9% - 56.7%	22

Institution Price Graph

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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

Fanikiwa Microfinance Company Limited P.O. Box 8695Dar es salaam, Dar es salaam255

Data approved: 2011-12-18

Data version: 1

Age of data: - months

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Product

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Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 77,078,511
Portfolio (USD)	USD 51,386
Active Clients with Loans	34
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	40% - 60%

Methodology

Individual
Solidarity group
Village banking
Self help group
Other

Description

The loan product caters for persons who have been with the institution fairly long under group loan product, but would want to access bigger loans as individuals or any other financial product from the institution.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	0
Maximum loan size	0

Loan Term and Grace Period

Shortest loan term	0
Longest loan term	0
Approx average	0

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	0
Highest quoted nominal interest	0
Interest rate period
Interest Rate Calculation Method	0
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	N/A

Upfront Fees

	Fee 1
Description	Registration fee
% of loan amount - min	2.00%
% of loan amount - max	2.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Loan insurance fund
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	0
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Personal Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	TZS 1,000,000	TZS 2,000,000	TZS 3,000,000	TZS 5,000,000
Loan Cycle (1, 2, 3, etc)	1	1	1	1
Disbursement Date	2013-02-14	2013-02-14	2013-02-20	2013-01-30
Loan Term (Months)	12.0 months	12.0 months	12.0 months	12.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	46.2%	46.2%	46.0%	46.2%
Insurance Component	2.1%	2.1%	2.1%	2.1%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	23.5%	23.5%	23.3%	23.5%
Full APR (int fee ins tax dep)	71.8%	71.8%	71.4%	71.8%
Transparency Index	N/A	N/A	N/A	N/A

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Personal Loan Price Graphs

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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

	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
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Institution

Institution Details

Loan Products » Summary

Loan Products » Conditions

Loan Products » Pricing Information

Institution Price Graph

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Personal Loan samples

Personal Loan Price Graphs

Total Borrowers of Samples

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