2. VF^Tanzania
Please note that the information you are viewing is 129 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Vision Fund - Tanzania P.o.box 1546,Arusha TanzaniaArusha255
Data approved: 2014-04-01
Data version: 1
Age of data: 129 months

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?Yes
Website addresshttp://www.seda.or.tz
Year established1996
Head of InstitutionAdriam Merryman
Regions activeDodoma, Kilimanjaro, Mwanza, Shinyanga
# Branches12

Total Portfolio (nat'l)TZS 12,569,084,427
Total Portfolio (USD)USD 7,905,084.55
Active clients with loans34,390
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliations
Funders

Loan Products » Summary

Biashara
27,425 Borrowers
USD 4,814,263.10 Portfolio
Active Product
Kitita
1,262 Borrowers
USD 1,250,112.52 Portfolio
Active Product
Jiendeleze
2,389 Borrowers
USD 1,180,159.69 Portfolio
Active Product
Mkombozi
2,393 Borrowers
USD 368,768.91 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Biashara TZS 50,000 - 10,000,000 6 - 12 60% - 80% 40% - 60% Business Women, Men, Have business, Have home or land, Specific age group Other Training
Kitita TZS 1,000,000 - 10,000,000 3 - 12 20% - 40% 100% Business, Other Women, Men, Have business, Have home or land, Specific age group
Jiendeleze TZS 500,000 - 5,000,000 3 - 12 40% - 60% 100% Business Women, Men, Have business, Have home or land Other Training
Mkombozi TZS 50,000 - 1,000,000 6 - 8 40% - 60% 0% Agriculture Women, Men, Have home or land Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Biashara 36.0% annual, Flat 1 Fee 1 Ins None 10.0% upfront 64.8% - 66.5% 78.9% - 81.1% 45
Kitita 30.0% annual, Flat 1 Fee 1 Ins None 10.0% upfront 52% - 52.4% 64.2% - 66% 46
Jiendeleze 30.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 56% - 57.1% 89.9% - 94.8% 32
Mkombozi 60.0% annual, Flat 1 Fee 1 Ins None 10.0% upfront 59.6% - 69.8% 69.9% - 81.9% 80
Institution Price Graph
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  2. Salve
Please note that the information you are viewing is 158 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Caritas Salve Credit Cooperative RM. 24 Caritas Bldg., Caritas Manila Compound2002 Jesus St., PandacanManila1011
Data approved: 2011-11-15
Data version: 1
Age of data: 158 months

Product

Regular Loan - 11 weeks Product 1 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (PHP)PHP 2,629,085
Portfolio (USD)USD 62,896.77
Active Clients with Loans659
Approximate % Female Clients80% - 100%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Loans offered to microentrepreneurs for business purposes
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
Other training
OtherLife insurance, Values Formation
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
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 institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyPHP
Minimum loan sizePHP 2,000
Maximum loan size150,000
Loan Term and Grace Period
Shortest loan term2.6 months
Longest loan term2.6 months
Approx average2.6 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
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 interest3.33%
Highest quoted nominal interest3.33%
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionService Charge
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionCredit Insurance
% of loan amount - min30.00%
% of loan amount - max30.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedPHP 50
Conditions on access to depositWhen Leaving
Interest Paid on Deposit
Minimum interest rate paid6.00%
Maximum interest rate paid6.00%
Interest payment frequencyAnnually
Taxes
Are taxes charged on this product?No
Additional Comments
Credit Insurance premium based on P1 per P1 loan x loan term (months). Withdrawals from savings is allowed for emergency purposes.

Full Pricing Data

Regular Loan - 11 weeks samples
Sample 1Sample 2Sample 3Sample 4Sample 5
Loan AmountPHP 4,000PHP 10,000PHP 12,000PHP 20,000PHP 20,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2010-12-032011-06-232011-02-072011-07-072011-05-19
Loan Term (Months)2.6 months2.6 months2.6 months2.6 months2.6 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp         
Interest and Fee Component103.1%103.1%103.1%103.1%103.1%
Insurance Component2.8%2.8%2.8%2.8%2.8%
Tax Component0.0%0.0%0.0%0.0%0.0%
Deposit Component12.4%4.7%3.9%2.3%2.3%
Full APR (int fee ins tax dep)118.2%110.5%109.7%108.1%108.1%
Transparency Index3436363737
          
Original Repayment SchedulePDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDF
Regular Loan - 11 weeks Price Graphs


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# Countries
# Borrowers
Loan Portfolio (USD)
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% Products with one or more insurances
% Products with compulsory deposits
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