Outstanding portfolio (TZS) | TZS 1,391,194,065 |
Portfolio (USD) | USD 874,964.82 |
Active Clients with Loans | 1,115 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 0% - 20% |
Individual | x |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | x |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | |
Workplace visits | x |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 4 |
# Regions for this product | 3 |
Regions Active | Mwanza, Shinyanga, Tabora |
Currency | TZS |
Minimum loan size | TZS 100,000 |
Maximum loan size | 25,000,000 |
Loans less than TZS 350,000 | 5% |
TZS 350,000-1,250,000 | 20% |
TZS 1,250,000-2,000,000 | 20% |
TZS 2,000,000-3,000,000 | 20% |
TZS 3,000,000-4,000,000 | 15% |
Greater than TZS 4,000,000 | 15% |
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 10.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 10% |
Between 7 and 9 months | 20% |
Between 10 and 12 months | 70% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 70% |
Average grace period | 3.0 months |
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 | x |
Lowest quoted nominal interest | 3.50% |
Highest quoted nominal interest | 4.50% |
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 |
Fee 1 | |
---|---|
Description | Disbursement 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? | 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 750,000 | Generated | 2014-11-01 | 7.9 months | N/A | TZS 200,603.19 | 56.4% | 51.6% | 4.8% | 0.0% | 0.0% | 0.0% | 74 | - | |
TZS 1,500,000 | Generated | 2014-11-01 | 7.9 months | N/A | TZS 401,206.38 | 56.4% | 51.6% | 4.8% | 0.0% | 0.0% | 0.0% | 74 | - | |
TZS 2,500,000 | Generated | 2014-09-01 | 12.2 months | 0.0 months | TZS 790,691.23 | 54.0% | 50.0% | 4.0% | 0.0% | 0.0% | 0.0% | 78 | - | |
TZS 2,500,000 | Generated | 2014-11-01 | 7.9 months | N/A | TZS 668,677.30 | 56.4% | 51.6% | 4.8% | 0.0% | 0.0% | 0.0% | 74 | - | |
TZS 3,500,000 | Generated | 2014-11-01 | 7.9 months | N/A | TZS 936,148.22 | 56.4% | 51.6% | 4.8% | 0.0% | 0.0% | 0.0% | 74 | - | |
TZS 4,500,000 | Generated | 2014-11-01 | 7.9 months | N/A | TZS 1,203,619.15 | 56.4% | 51.6% | 4.8% | 0.0% | 0.0% | 0.0% | 74 | - |
Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.bancoagrario.gov.co/ |
Year established | 1999 |
Head of Institution | Francisco Estupiñán Heredia |
Regions active | |
# Branches | 477 |
Total Portfolio (nat'l) | COP 82,116,686,524 |
Total Portfolio (USD) | USD 45,119,058.53 |
Active clients with loans | 64,236 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 80% - 100% |
Network affiliations | |
Funders | MINISTERIO DE HACIENDA, BOLSA NACIONAL AGROPECUARIA, CORABASTOS, MERCAR |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Linea de Microcredito Agropecuario | COP 500,000 - 6,000,000 | 4 - 36 | 40% - 60% | 0% - 20% | Business | Women, Men, Have business | Group Mtgs, Other Training, Educación financiera para niños y jóvenes a través de la creación del fomento de hábitos de ahorro, Formación a los clientes de los servicios de microcrédito y ahorro en componentes de desarrollo pers | |||||||
Linea de Nucleos Solidarios | COP 3,600,000 - 12,750,000 | 3 - 6 | 60% - 80% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training | |||||||
Línea de Fortalecimiento | COP 496,900 - 12,875,000 | 3 - 36 | 40% - 60% | 80% - 100% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Linea de Microcredito Agropecuario | 29.6% annual, Decl Bal | 2 Fees | 1 Ins | None | N/A | 44.2% - 47.9% | 44.9% - 48.6% | 63 | ||||||||
Linea de Nucleos Solidarios | 29.6% annual, Decl Bal | 1 Fee | 1 Ins | None | 10.0% upfront 10.00% ongoing | 36.8% - 50.2% | 48.1% - 69.7% | 49 | ||||||||
Línea de Fortalecimiento | 29.6% annual, Decl Bal | 2 Fees | 2 Ins | None | N/A | 41.2% - 47.3% | 47.2% - 50.3% | 61 |
Key Statistics | |
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Loan Portfolio (USD) | |
% Products using declining balance | |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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