Youth Self Employment Foundation - Group Loan - MFTransparency.org Truth In Lending Tables

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Institution

Youth Self Employment Foundation Head OfficeDar Es SalaamPO Box 74379

Data approved: 2011-12-18

Data version: 1

Age of data: 154 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 3,185,798,591
Portfolio (USD)	USD 2,003,646.91
Active Clients with Loans	13,714
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	60% - 80%

Methodology

Individual
Solidarity group	x
Village banking
Self help group
Other

Description

Solidarity Methodology based loans for individuals involved business enterprises

Loan Purpose

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

Included Services

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

Eligibility

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
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 50,000
Maximum loan size	2,000,000

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	12.0 months
Approx average	8.0 months

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly	x
Every 2 weeks
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	24.00%
Highest quoted nominal interest	29.00%
Reason(s) why interest rate varies	Client Risk
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1
Description	Processing Fee
% of loan amount - min	0.50%
% of loan amount - max	0.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Insurance Fee
% of loan amount - min	1.00%
% of loan amount - max	1.00%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation	N/A
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?

Deposit BEFORE or AT Disbursement

% loan amount deposited	25.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	0
or, Fixed-amount deposited	0
Conditions on access to deposit	End Term

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Group Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4	Sample 5
Loan Amount	TZS 100,000	TZS 250,000	TZS 500,000	TZS 1,000,000	TZS 1,800,000
Loan Cycle (1, 2, 3, etc)	Not Known	Not Known	Not Known	Not Known	Not Known
Disbursement Date	2011-02-01	2011-01-02	2011-01-02	2011-02-01	2011-01-09
Loan Term (Months)	3.0 months	3.0 months	6.1 months	9.1 months	12.1 months
Grace Period (Months)	0.0 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	Not Known
True Price by Comp
Interest and Fee Component	51.4%	51.4%	50.3%	52.3%	48.9%
Insurance Component	7.8%	7.8%	4.1%	3.0%	2.2%
Tax Component	0.0%	0.0%	0.0%	0.0%	0.0%
Deposit Component	2.8%	47.3%	42.3%	42.4%	35.5%
Full APR (int fee ins tax dep)	62.0%	106.5%	96.7%	97.6%	86.6%
Transparency Index	39	23	25	25	28

Original Repayment Schedule	PDF	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF	PDF

Group Loan 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	155
AJDFI	13,100	884,000	6	155
ARDCI	44,600	9,403,000	1	155
ASA Philippines	333,400	29,282,000	1	155
ASHI	35,400	5,231,000	6	155
ASKI	60,000	15,247,000	4	155
Bangko Kabayan	8,900	2,373,000	2	155
BSEI	600	73,000	2	155
CBI	8,100	2,010,000	5	155
CCT	70,300	9,504,000	4	155
CEV	35,400	5,111,000	4	155
DSPI	59,300	3,676,000	3	155
ECLOF	5,400	1,836,000	4	155
FCB	12,000	2,392,000	2	155
FMB	2,700	710,000	2	155
GM Bank	23,500	1,553,000	3	155
HSPFI	19,100	1,899,000	2	155
JVOFI	1,300	281,000	1	155
Katipunan Bank	42,100	5,325,000	2	155
KDCI	20,500	2,095,000	3	155
KGI	32,300	3,421,000	4	155
KMBI	245,000	15,098,000	1	155
LTMPC	37,400	8,935,000	3	155
Mallig Plains	6,500	641,000	2	155
MILAMDEC	29,800	3,278,000	2	155
MWIMPC	11,800	1,740,000	4	154
NWTF	105,500	12,698,000	5	155
OFMPC	4,400	964,000	1	155
PBC	50,700	10,434,000	4	155
PCSD	700	167,000	1	155
PMPC	23,500	5,565,000	8	155
RB Angeles	900	1,502,000	2	155
RB Labason	500	289,000	1	155
RBLI	5,200	1,026,000	2	155
RBMI	11,900	1,750,000	2	155
RMB	100	173,000	1	155
RSPI	39,600	2,834,000	4	155
SAFRAGEMC	1,100	229,000	1	155
Salve	10,900	1,191,000	3	155
SEDP	27,000	3,914,000	3	155
TSKI	212,900	25,187,000	2	155
TSPI	264,500	31,290,000	7	155
Valient	1,700	672,000	2	155

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

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