Access Bank Tanzania Limited - Agroloan - MFTransparency.org Truth In Lending Tables

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Institution

Access Bank Tanzania Limited Derm HouseNew Bagamoyo RoadDar es SalaamPO Box 95068

Data approved: 2014-09-03

Data version: 3

Age of data: 119 months

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Product

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Product Details

Key Statistics

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%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Product tailored specifically for agricultural producers, in particular crop growers.

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture	x
Education
Other household finance
Other
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

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)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	4
# Regions for this product	3
Regions Active	Mwanza, Shinyanga, Tabora

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 100,000
Maximum loan size	25,000,000

Distribution at Disbursement (Est.)

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%

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	18.0 months
Approx average	10.0 months

Distribution at Disbursement (Est.)

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

Grace period usage	70%
Average grace period	3.0 months

Repayment Frequency

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

Pricing Information

Interest

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

Upfront Fees

	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

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Agroloan samples

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
Loan Amount	Type of Sample	Disbursement Date	Loan Term (Months)	Grace Period (Months)	Total Cost of Credit	Full APR (int fee ins tax dep)	Interest price component	Fee Component	Insurance Component	Tax Component	Deposit Component	Transparency Index	Original Repayment Schedule	MFT Pricing Calculation
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	-	PDF
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	-	PDF
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	-	PDF
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	-	PDF
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	-	PDF
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	-	PDF

Agroloan Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
1st Valley Bank	38,900	48,291,000	3	156
AJDFI	13,100	884,000	6	156
ARDCI	44,600	9,403,000	1	156
ASA Philippines	333,400	29,282,000	1	156
ASHI	35,400	5,231,000	6	156
ASKI	60,000	15,247,000	4	156
Bangko Kabayan	8,900	2,373,000	2	156
BSEI	600	73,000	2	156
CBI	8,100	2,010,000	5	156
CCT	70,300	9,504,000	4	156
CEV	35,400	5,111,000	4	156
DSPI	59,300	3,676,000	3	156
ECLOF	5,400	1,836,000	4	156
FCB	12,000	2,392,000	2	156
FMB	2,700	710,000	2	156
GM Bank	23,500	1,553,000	3	156
HSPFI	19,100	1,899,000	2	156
JVOFI	1,300	281,000	1	156
Katipunan Bank	42,100	5,325,000	2	156
KDCI	20,500	2,095,000	3	156
KGI	32,300	3,421,000	4	156
KMBI	245,000	15,098,000	1	156
LTMPC	37,400	8,935,000	3	156
Mallig Plains	6,500	641,000	2	156
MILAMDEC	29,800	3,278,000	2	156
MWIMPC	11,800	1,740,000	4	155
NWTF	105,500	12,698,000	5	156
OFMPC	4,400	964,000	1	156
PBC	50,700	10,434,000	4	156
PCSD	700	167,000	1	156
PMPC	23,500	5,565,000	8	156
RB Angeles	900	1,502,000	2	156
RB Labason	500	289,000	1	156
RBLI	5,200	1,026,000	2	156
RBMI	11,900	1,750,000	2	156
RMB	100	173,000	1	156
RSPI	39,600	2,834,000	4	156
SAFRAGEMC	1,100	229,000	1	156
Salve	10,900	1,191,000	3	156
SEDP	27,000	3,914,000	3	156
TSKI	212,900	25,187,000	2	156
TSPI	264,500	31,290,000	7	156
Valient	1,700	672,000	2	156

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

	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 ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Agroloan samples

Agroloan Price Graphs

Total Borrowers of Samples

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