| 2,389 |
| TZS 500,000 - 5,000,000 |
| 3 - 12 |
| Other Training |
| 30.0% annual, Flat |
| 2.00% upfront |
| 2.00% upfront |
| None |
| 20.0% upfront |
| 45.2% - 59.1% |
| 2.0% - 16.9% |
| 1.8% - 7.5% |
| 0 |
| 89.9% - 94.8% |
| 32 - 86 |
| 32 |
| Outstanding portfolio (RWF) | RWF 3,000,000 |
| Portfolio (USD) | USD 4,762 |
| Active Clients with Loans | 10 |
| Approximate % Female Clients | 80% - 100% |
| Approximate % Urban Clients | 60% - 80% |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Men | x |
| Women | x |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | x |
| Other | May be running a business, owning a home or a salaried worker |
| Other (2) |
| # Regions for this institution | 1 |
| # Regions for this product | N/A |
| Regions Active |
| Outstanding portfolio (TZS) | TZS 1,876,453,903 |
| Portfolio (USD) | USD 1,180,159.69 |
| Active Clients with Loans | 2,389 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 100% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | x |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | x |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 4 |
| # Regions for this product | 11 |
| Regions Active | Arusha, Dar es Salaam, Dodoma, Kagera, Kilimanjaro, Morogoro, Mwanza, ShinyangaSingida, Tabora, Tanga |
| Currency | TZS |
| Minimum loan size | TZS 500,000 |
| Maximum loan size | 5,000,000 |
| Loans less than TZS 350,000 | 0 |
| TZS 350,000-1,250,000 | 70% |
| TZS 1,250,000-2,000,000 | 5% |
| 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 | 6.0 months |
| Loans 3 months or less | 10% |
| Between 4 and 6 months | 30% |
| Between 7 and 9 months | 40% |
| Between 10 and 12 months | 20% |
| 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 | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 2.50% |
| Reason(s) why interest rate varies | No Variation |
| Interest rate period | Monthly |
| Interest Rate Calculation Method | Flat |
| Subsidized by funder request? | Yes |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Application 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 | N/A |
| Appears on Repayment Sched? | No |
| Ins 1 | |
|---|---|
| Description | Insuarance |
| % of loan amount - min | 2.00% |
| % of loan amount - max | 2.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | Yes |
| Do borrowers control deposit in their group? | No |
| % 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 | |||
|---|---|---|---|---|---|
| Loan Amount | TZS 500,000 | TZS 800,000 | TZS 1,300,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2014-02-14 | 2014-02-18 | 2014-02-18 | ||
| Loan Term (Months) | 6.0 months | 9.0 months | 9.0 months | ||
| Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | ||
| Total Cost of Credit | TZS 95,000 | TZS 212,000 | TZS 344,500 | ||
| True Price by Comp | |||||
| Interest price component | 49.7% | 50.7% | 50.7% | ||
| Fee Component | 7.4% | 5.3% | 5.3% | ||
| Insurance Component | 7.5% | 5.3% | 5.3% | ||
| Tax Component | 0.0% | 0.0% | 0.0% | ||
| Deposit Component | 30.2% | 28.6% | 28.6% | ||
| Full APR (int fee ins tax dep) | 94.8% | 89.9% | 89.9% | ||
| Transparency Index | 32 | 33 | 33 | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
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| to | ||||||
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| to ∞ | ||||||
