Outstanding portfolio (KES) | KES 29,345,569 |
Portfolio (USD) | USD 354,415.08 |
Active Clients with Loans | 1,350 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | x |
Other training | x |
Other | |
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 | |
Other (2) |
# Regions for this institution | 5 |
# Regions for this product | 5 |
Regions Active | Central, Eastern, Nairobi, Nyanza, Rift Valley |
Currency | KES |
Minimum loan size | KES 5,000 |
Maximum loan size | 30,000 |
Loans less than KES 50,000 | 100% |
KES 50,000-150,000 | 0 |
KES 150,000-250,000 | 0 |
KES 250,000-350,000 | 0 |
KES 350,000-450,000 | 0 |
Greater than KES 450,000 | 0 |
Shortest loan term | 1.0 month |
Longest loan term | 1.0 month |
Approx average | 1.0 month |
Loans 3 months or less | 100% |
Between 4 and 6 months | 0 |
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 | |
Every 2 weeks | |
Every 4 weeks | |
Monthly | 1 |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 7.50% |
Highest quoted nominal interest | 7.50% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Up-Front |
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 |
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 5,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 369.86 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 12,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 887.67 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 15,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 1,109.59 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 22,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 1,627.40 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 38,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 2,810.96 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 42,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 3,106.85 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - | |
KES 50,000 | Generated | 2015-03-01 | 1.0 month | N/A | KES 3,698.63 | 93.6% | 93.6% | 0.0% | 0.0% | 0.0% | 0.0% | 96 | - |
Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.accessbank.co.tz/ |
Year established | 2007 |
Head of Institution | Roland Coulon |
Regions active | Dar es Salaam, Mwanza, Shinyanga, Tabora |
# Branches | 10 |
Total Portfolio (nat'l) | TZS 59,431,169,032 |
Total Portfolio (USD) | USD 37,378,093.73 |
Active clients with loans | 25,446 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 80% - 100% |
Network affiliations | AccessBank Group |
Funders | Access Microfinance Holding AG ( AccessHolding), IFC, KfW, AfDB |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | TZS 100,000 - 25,000,000 | 3 - 24 | 20% - 40% | 80% - 100% | Business | Women, Men, Have business, operating business atleast for six months | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training | |||||||
Agroloan | TZS 100,000 - 25,000,000 | 3 - 18 | 0% - 20% | 0% - 20% | Business, Agriculture | Women, Men | Credit Educ, Tech Asst Visits |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Loan | 42.0%-66.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 52.9% - 64.3% | 52.9% - 64.3% | 72 | ||||||||
Agroloan | 42.0%-54.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 54% - 56.4% | 54% - 56.4% | 74 |
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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