Institution Type | Private 'For-Profit' |
Is this institution regulated? | No |
Website address | http://www.opportunity.net/tanzania |
Year established | 2009 |
Head of Institution | Stanley Tsikirayi |
Regions active | 0 |
# Branches | 5 |
Total Portfolio (nat'l) | TZS 1,560,000,000 |
Total Portfolio (USD) | USD 1,040,000 |
Active clients with loans | 3,835 |
Approximate % female clients | 60% - 80% |
Approximate % urban clients | 60% - 80% |
Network affiliations | Opportunity International, TAMFI |
Funders | Opportunity International |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mkopo Pamoja - Trust Group Loan | TZS 100,000 - 1,500,000 | 4 - 9 | 60% - 80% | 60% - 80% | ||||||||||
Mkopo Vuka - Solidarity Group Loan | TZS 250,000 - 7,500,000 | 6 - 12 | 60% - 80% | 60% - 80% |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Mkopo Pamoja - Trust Group Loan | 36.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 66.3% - 69.6% | 100.4% - 109% | 34 | ||||||||||
Mkopo Vuka - Solidarity Group Loan | 24.00%-0.00% annual, Flat | 1 Fee | 0 Ins | 37.3% - 46.5% | 72.3% - 99.6% | 29 |
Outstanding portfolio (GHS) | GHS 7,000 |
Portfolio (USD) | USD 3,553.30 |
Active Clients with Loans | 7 |
Approximate % Female Clients | |
Approximate % Urban Clients |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | x |
Must be specific age group | |
Other | |
Other (2) |
Key Statistics | |
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# 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 |
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