Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.nmbtz.com/ |
Year established | 1997 |
Head of Institution | Mark Wiessing |
Regions active | Arusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kigoma, Kilimanjaro, Lindi, Manyara, MaraMbeya, Morogoro, Mtwara, Mwanza, Pemba North, Pemba South, Pwani, Rukwa, Ruvuma, ShinyangaSingida, Tabora |
# Branches | 140 |
Total Portfolio (nat'l) | TZS 118,500,000,000 |
Total Portfolio (USD) | USD 74,528,301.89 |
Active clients with loans | 45,197 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders | Rabobank, The Government of the United Republic of Tanzania, Public, National Investment Company Limited (NICOL) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSE Loan | TZS 100,000 - 10,000,000 | 6 - 24 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business, Loan must be secured, Applicant must be of 18 age and above | Credit Educ, Credit Ins, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MSE Loan | 24.00% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 23.6% - 29.4% | 25% - 32.1% | 88 |
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