7,089 |
TZS 50,000 - 4,000,000 |
3 - 12 |
Credit Educ, Group Mtgs, Credit Ins, Other Training, Group dynamics |
48.00% annual, Flat |
None |
None |
None |
20.00% upfront |
54.3% - 93.0% |
0 - 37.2% |
0 |
0 |
108.4% - 130.3% |
35 - 55 |
38 |
Outstanding portfolio (KES) | KES 80,000 |
Portfolio (USD) | USD 966.18 |
Active Clients with Loans | 1 |
Approximate % Female Clients | 0 |
Approximate % Urban Clients | 100% |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
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 | 5 |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (TZS) | TZS 1,427,941,703 |
Portfolio (USD) | USD 898,076.54 |
Active Clients with Loans | 7,089 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 80% - 100% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | x |
Consumer loan | |
Agriculture | |
Education | x |
Other household finance | x |
Other | |
Other (2) |
Credit education | x |
Group meetings | x |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | x |
Other | Group dynamics |
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 | 18 and above |
Other (2) |
# Regions for this institution | 4 |
# Regions for this product | 4 |
Regions Active | Dar es Salaam, Mara, Mtwara, Pwani |
Currency | TZS |
Minimum loan size | TZS 50,000 |
Maximum loan size | 4,000,000 |
Loans less than TZS 350,000 | 15% |
TZS 350,000-1,250,000 | 50% |
TZS 1,250,000-2,000,000 | 20% |
TZS 2,000,000-3,000,000 | 10% |
TZS 3,000,000-4,000,000 | 5% |
Greater than TZS 4,000,000 | 5% |
Shortest loan term | 3.0 months |
Longest loan term | 12.0 months |
Approx average | 4.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 100% |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 0 |
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 | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
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 | Final Pmt |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | TZS 100,000 | TZS 300,000 | TZS 550,000 | TZS 900,000 | TZS 1,900,000 | TZS 2,800,000 | |||||
Loan Cycle (1, 2, 3, etc) | 2 | 1 | 4 | 4 | 4 | 4 | |||||
Disbursement Date | 2013-01-16 | 2013-01-16 | 2013-02-11 | 2013-02-20 | 2013-01-17 | 2013-01-31 | |||||
Loan Term (Months) | 3.7 months | 3.7 months | 4.7 months | 3.7 months | 6.0 months | 7.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | 0.1 months | 0.0 months | |||||
Total Cost of Credit | TZS 16,000 | TZS 48,000 | TZS 110,000 | TZS 144,000 | TZS 456,000 | TZS 896,016 | |||||
True Price by Comp | |||||||||||
Interest price component | 87.8% | 87.8% | 88.8% | 87.8% | 76.4% | 89.0% | |||||
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 | 41.3% | 41.3% | 41.5% | 41.3% | 32.0% | 39.7% | |||||
Full APR (int fee ins tax dep) | 129.1% | 129.1% | 130.3% | 129.1% | 108.4% | 128.7% | |||||
Transparency Index | 37 | 37 | 37 | 37 | 44 | 37 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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X Axis | ||||||
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N (# of Samples) | ||||||
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Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
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Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |