Institution Type | Private 'For-Profit' |
Is this institution regulated? | Yes |
Website address | N/A |
Year established | 2003 |
Head of Institution | SHEDEHWA OPTAT |
Regions active | 0 |
# Branches | 1 |
Total Portfolio (nat'l) | TZS 4,600,000,000 |
Total Portfolio (USD) | USD 3,066,666.67 |
Active clients with loans | 12,963 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 20% - 40% |
Network affiliations | COMMUNITY BANK ASSOCIATION (CBA) |
Funders | FINANCIAL SECTOR DEEPENING, AGRICULTURAL TRUST FUND(AGTF) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Salary Loan | TZS 300,000 - 6,000,000 | 12 | 60% - 80% | 40% - 60% | ||||||||||
Small Business Loan | TZS 1,000,000 - 45,000,000 | 3 - 18 | 20% - 40% | 60% - 80% | ||||||||||
Solidarity Group Loan | TZS 500,000 - 3,500,000 | 1 - 12 | 40% - 60% | 20% - 40% |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Salary Loan | 24.00%-0.00% annual, Flat | 1 Fee | 1 Ins | N/A | 48.6% - 48.8% | 51.9% - 52.1% | 46 | |||||||||
Small Business Loan | 10.00%-0.00% annual, Flat | 3 Fees | 1 Ins | N/A | 49.5% - 49.8% | 50.1% - 53.1% | 19 | |||||||||
Solidarity Group Loan | 10.00%-0.00% annual, Flat | 2 Fees | 1 Ins | 55.2% - 103.6% | 114% - 169% | 7 |
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Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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