2. MKL
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  2. ABT
Please note that the information you are viewing is 122 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Musoni Kenya Limited 25351Nairobi, Nairobi100
Data approved: 2015-03-27
Data version: 1
Age of data: 118 months

Institution

Access Bank Tanzania Limited Derm HouseNew Bagamoyo RoadDar es SalaamPO Box 95068
Data approved: 2014-09-03
Data version: 3
Age of data: 122 months
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Product

Nawiri ( Group business Loan) Product 1 of 6 « Prev | Next »

Product

Business Loan Product 1 of 2 « Prev | Next »

Product Summary

Number borrowers14,176
Loan Amount (range)KES 5,000 - 140,000
Loan Term (range)3 - 12
Other Services (text summary)Credit Educ, Group Mtgs, Business Training, Other Training
Annual Interest & Method20.0% annual, Flat
Fees3.00% upfront
InsuranceNone
TaxNone
Comp Dep20.0% upfront
Range of pricing 
Interest Price Component34.7% - 93.6%
Fee Component0 - 12.6%
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)60.4% - 74.3%
Transparency Index (min/max)27 - 96
Transparency Index (average)30

Product Summary

24,331
TZS 100,000 - 25,000,000
3 - 24
Credit Educ, Group Mtgs, Tech Asst Visits, Business Training
42.0%-66.0% annual, Decl Bal
None
None
None
N/A
 
50.0% - 64.3%
0 - 4.8%
0
0
52.9% - 64.3%
65 - 79
72

Product Details

Key Statistics
Outstanding portfolio (KES)KES 341,540,495
Portfolio (USD)USD 4,124,885.21
Active Clients with Loans14,176
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Business loan that is the flagship product for group clients
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 insurance
Workplace visits
Business trainingx
Other trainingx
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 institution5
# Regions for this product5
Regions ActiveCentral, Eastern, Nairobi, Nyanza, Rift Valley

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 58,039,974,967
Portfolio (USD)USD 36,503,128.91
Active Clients with Loans24,331
Approximate % Female Clients20% - 40%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Product tailored specifically for MSMEs.
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 insurance
Workplace visitsx
Business trainingx
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
Otheroperating business atleast for six months
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution4
# Regions for this product4
Regions ActiveDar es Salaam, Mwanza, Shinyanga, Tabora

Loan Conditions

Loan Amount
CurrencyKES
Minimum loan sizeKES 5,000
Maximum loan size140,000
Distribution at Disbursement (Est.)
Loans less than KES 50,00030%
KES 50,000-150,00070%
KES 150,000-250,0000
KES 250,000-350,0000
KES 350,000-450,0000
Greater than KES 450,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average10.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months15%
Between 10 and 12 months80%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 100,000
Maximum loan size25,000,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,0000
TZS 350,000-1,250,0005%
TZS 1,250,000-2,000,00010%
TZS 2,000,000-3,000,00015%
TZS 3,000,000-4,000,00010%
Greater than TZS 4,000,00010%
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term24.0 months
Approx average0
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months5%
Between 7 and 9 months50%
Between 10 and 12 months40%
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 interest1.67%
Highest quoted nominal interest1.67%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
Descriptionupfront fee
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited20.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest3.50%
Highest quoted nominal interest5.50%
Reason(s) why interest rate variesTime as Client, Loan Size
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
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

Full Pricing Data

Nawiri ( Group business Loan) samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
KES 70,000 Real 2015-03-09 11.1 months N/A KES 15,023 63.8% 35.7% 6.6% 0.0% 0.0% 21.5% 31 PDF PDF
KES 70,000 Generated 2015-03-01 11.5 months N/A KES 15,551.51 64.7% 36.3% 6.5% 0.0% 0.0% 21.9% 31 - PDF
KES 20,000 Real 2015-03-26 5.7 months N/A KES 2,631 67.4% 34.9% 11.2% 0.0% 0.0% 21.3% 30 PDF PDF
KES 20,000 Generated 2015-03-01 5.5 months N/A KES 2,444.78 74.3% 35.9% 12.6% 0.0% 0.0% 25.8% 27 - PDF
KES 15,000 Generated 2015-03-01 5.5 months N/A KES 1,833.58 74.3% 35.9% 12.6% 0.0% 0.0% 25.8% 27 - PDF
KES 25,000 Generated 2015-03-01 5.5 months N/A KES 3,055.97 74.3% 35.9% 12.6% 0.0% 0.0% 25.8% 27 - PDF
KES 45,000 Generated 2015-03-01 11.5 months N/A KES 9,997.40 64.7% 36.3% 6.5% 0.0% 0.0% 21.9% 31 - PDF
KES 90,000 Generated 2015-03-01 12.0 months N/A KES 20,736 60.4% 34.7% 6.0% 0.0% 0.0% 19.7% 33 - PDF
KES 135,000 Generated 2015-03-01 12.0 months N/A KES 31,104 60.4% 34.7% 6.0% 0.0% 0.0% 19.7% 33 - PDF
KES 150,000 Generated 2015-03-01 11.5 months N/A KES 33,324.66 64.7% 36.3% 6.5% 0.0% 0.0% 21.9% 31 - PDF

Full Pricing Data

Business Loan samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
TZS 4,500,000 Real 2014-03-29 12.5 months N/A TZS 1,659,510.96 58.5% 58.5% 0.0% 0.0% 0.0% 0.0% 72 PDF PDF
TZS 4,500,000 Generated 2014-11-01 12.0 months N/A TZS 1,586,205.86 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
TZS 9,000,000 Real 2014-02-18 12.2 months N/A TZS 2,830,910 52.9% 52.9% 0.0% 0.0% 0.0% 0.0% 79 PDF PDF
TZS 9,000,000 Generated 2014-11-01 12.0 months N/A TZS 2,832,774.48 52.9% 52.9% 0.0% 0.0% 0.0% 0.0% 79 - PDF
TZS 6,000,000 Generated 2014-11-01 9.0 months N/A TZS 1,588,116.97 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
TZS 12,000,000 Generated 2014-11-01 9.0 months N/A TZS 3,176,233.95 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
TZS 18,500,000 Generated 2014-09-01 12.2 months 0.0 months TZS 7,233,293.48 64.3% 64.3% 0.0% 0.0% 0.0% 0.0% 65 - PDF
TZS 18,500,000 Generated 2014-11-01 9.0 months N/A TZS 4,896,694 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
TZS 21,500,000 Generated 2014-11-01 12.0 months N/A TZS 7,578,539.11 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
TZS 25,000,000 Generated 2014-11-01 12.0 months N/A TZS 8,812,254.78 58.6% 58.6% 0.0% 0.0% 0.0% 0.0% 72 - PDF
Nawiri ( Group business 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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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