Number borrowers | 24,331 |
Loan Amount (range) | TZS 100,000 - 25,000,000 |
Loan Term (range) | 3 - 24 |
Other Services (text summary) | Credit Educ, Group Mtgs, Tech Asst Visits, Business Training |
Annual Interest & Method | 42.0%-66.0% annual, Decl Bal |
Fees | None |
Insurance | None |
Tax | None |
Comp Dep | N/A |
Range of pricing | |
Interest Price Component | 50.0% - 64.3% |
Fee Component | 0 - 4.8% |
Insurance Component | 0 |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 52.9% - 64.3% |
Transparency Index (min/max) | 65 - 79 |
Transparency Index (average) | 72 |
7,186 |
COP 300,000 - 13,390,000 |
3 - 24 |
Credit Ins |
25.2%-29.5% annual, Decl Bal |
4.50%-7.50% ongoing |
1.35%-2.10% upfront 1,210.00-11,400.00 ongoing |
None |
N/A |
N/A |
38.4% - 48.2% (Int+Fee) |
2.5% - 7.0% |
0 |
43.6% - 55.2% |
46 - 58 |
49 |
Outstanding portfolio (TZS) | TZS 58,039,974,967 |
Portfolio (USD) | USD 36,503,128.91 |
Active Clients with Loans | 24,331 |
Approximate % Female Clients | 20% - 40% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | |
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 | x |
Group meetings | x |
Credit insurance | |
Workplace visits | x |
Business training | x |
Other training | |
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 | operating business atleast for six months |
Other (2) |
# Regions for this institution | 4 |
# Regions for this product | 4 |
Regions Active | Dar es Salaam, Mwanza, Shinyanga, Tabora |
Outstanding portfolio (COP) | COP 6,765,607,158 |
Portfolio (USD) | USD 3,717,366.57 |
Active Clients with Loans | 7,186 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 40% - 60% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Capital de Trabajo |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
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 | x |
Other | pueden realizar actividades de producción, comercio o servicios. |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | TZS |
Minimum loan size | TZS 100,000 |
Maximum loan size | 25,000,000 |
Loans less than TZS 350,000 | 0 |
TZS 350,000-1,250,000 | 5% |
TZS 1,250,000-2,000,000 | 10% |
TZS 2,000,000-3,000,000 | 15% |
TZS 3,000,000-4,000,000 | 10% |
Greater than TZS 4,000,000 | 10% |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 0 |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 50% |
Between 10 and 12 months | 40% |
Between 13 and 18 months | 5% |
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 |
Currency | COP |
Minimum loan size | COP 300,000 |
Maximum loan size | 13,390,000 |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 12.5 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 3.50% |
Highest quoted nominal interest | 5.50% |
Reason(s) why interest rate varies | Time as Client, Loan Size |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
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 |
Lowest quoted nominal interest | 2.10% |
Highest quoted nominal interest | 2.46% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Honorarios y Comisiones decretada por el Consejo Superior de la Microempresa. Porcentaje no incluye el IVA. |
% of loan amount - min | 4.50% |
% of loan amount - max | 7.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | AVAL QUE GARANTIZA LA RECUPERACION DEL CAPITAL (FRG) |
% of loan amount - min | 1.35% |
% of loan amount - max | 2.10% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | SEGURO DEUDORES Y SEGURO DE VIDA |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 1,210 |
Fixed amount - max | 11,400 |
Reason for variation | N/A |
Appears on Repayment Sched? | 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 |
||||||||||
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 | ||
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 | - | |
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 | ||
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 | - | |
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 | - | |
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 | - | |
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 | - | |
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 | - | |
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 | - | |
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 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | COP 700,000 | COP 1,200,000 | COP 1,500,000 | COP 3,500,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2011-03-16 | 2011-03-16 | 2011-03-16 | 2010-09-10 | |||
Loan Term (Months) | 10.0 months | 12.0 months | 12.0 months | 12.0 months | |||
Grace Period (Months) | 0.0 months | 0.0 months | 0.0 months | 0.0 months | |||
Total Cost of Credit | Not Known | Not Known | Not Known | Not Known | |||
True Price by Comp | |||||||
Interest and Fee Component | 48.2% | 48.1% | 48.1% | 38.4% | |||
Insurance Component | 7.0% | 5.5% | 5.2% | 5.2% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 55.2% | 53.6% | 53.4% | 43.6% | |||
Transparency Index | 46 | 47 | 47 | 58 | |||
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 | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
N (# of Samples) | ||||||
Total Borrrowers of Samples | ||||||
Avg | ||||||
Min | ||||||
Max | ||||||
Std Dev | ||||||
By Inst Type | ||||||
By Country | ||||||
X Axis | ||||||
---|---|---|---|---|---|---|
Greater than: | ||||||
Less or equal to: | ||||||
From 0 to | ||||||
to | ||||||
to | ||||||
to ∞ |