- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
1st Valley Bank	38,900	48,291,000	3	162
AJDFI	13,100	884,000	6	162
ARDCI	44,600	9,403,000	1	162
ASA Philippines	333,400	29,282,000	1	162
ASHI	35,400	5,231,000	6	162
ASKI	60,000	15,247,000	4	162
Bangko Kabayan	8,900	2,373,000	2	162
BSEI	600	73,000	2	162
CBI	8,100	2,010,000	5	162
CCT	70,300	9,504,000	4	162
CEV	35,400	5,111,000	4	162
DSPI	59,300	3,676,000	3	162
ECLOF	5,400	1,836,000	4	162
FCB	12,000	2,392,000	2	162
FMB	2,700	710,000	2	162
GM Bank	23,500	1,553,000	3	162
HSPFI	19,100	1,899,000	2	162
JVOFI	1,300	281,000	1	162
Katipunan Bank	42,100	5,325,000	2	162
KDCI	20,500	2,095,000	3	162
KGI	32,300	3,421,000	4	162
KMBI	245,000	15,098,000	1	162
LTMPC	37,400	8,935,000	3	162
Mallig Plains	6,500	641,000	2	162
MILAMDEC	29,800	3,278,000	2	162
MWIMPC	11,800	1,740,000	4	161
NWTF	105,500	12,698,000	5	162
OFMPC	4,400	964,000	1	162
PBC	50,700	10,434,000	4	162
PCSD	700	167,000	1	162
PMPC	23,500	5,565,000	8	162
RB Angeles	900	1,502,000	2	162
RB Labason	500	289,000	1	162
RBLI	5,200	1,026,000	2	162
RBMI	11,900	1,750,000	2	162
RMB	100	173,000	1	162
RSPI	39,600	2,834,000	4	162
SAFRAGEMC	1,100	229,000	1	162
Salve	10,900	1,191,000	3	162
SEDP	27,000	3,914,000	3	162
TSKI	212,900	25,187,000	2	162
TSPI	264,500	31,290,000	7	162
Valient	1,700	672,000	2	162

Please note that the information you are viewing is 122 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA Tanzania M.F.C. Limited Plot # 84 Morogoro Rd,Dar es SalaamP.O Box 78783

Data approved: 2014-11-04

Data version: 3

Age of data: 122 months

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Product

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Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 16,313,780,319
Portfolio (USD)	USD 10,260,239.19
Active Clients with Loans	56,067
Approximate % Female Clients	60% - 80%
Approximate % Urban Clients	20% - 40%

Methodology

Individual
Solidarity group
Village banking	x
Self help group
Other

Description

This loans are given to groups that range from between 15 and 30.

Loan Purpose

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

Included Services

Credit education	x
Group meetings	x
Credit insurance	x
Workplace visits	x
Business training	x
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	14
# Regions for this product	17
Regions Active	Arusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kilimanjaro, Manyara, MaraMbeya, Morogoro, Mwanza, Pwani, Ruvuma, ShinyangaSingida, Tabora, Tanga

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 30,000
Maximum loan size	3,000,000

Distribution at Disbursement (Est.)

Loans less than TZS 350,000	40%
TZS 350,000-1,250,000	50%
TZS 1,250,000-2,000,000	10%
TZS 2,000,000-3,000,000	0
TZS 3,000,000-4,000,000	0
Greater than TZS 4,000,000	0

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	10.0 months
Approx average	6.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	0
Between 4 and 6 months	30%
Between 7 and 9 months	40%
Between 10 and 12 months	30%
Between 13 and 18 months	0
Longer than 18 months	0

Grace Period

Grace period usage	0
Average grace period	0

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

Pricing Information

Interest

Lowest quoted nominal interest	6.50%
Highest quoted nominal interest	6.50%
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

This product has no upfront fees

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?

Additional Comments

Institution meets the insurance charges for all customers, spouse and up to 4 children aged below 18

Full Pricing Data

Village Banking Loan 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 1,200,000	Real	2014-12-16	7.4 months	N/A	TZS 376,677.98	82.2%	82.2%	0.0%	0.0%	0.0%	0.0%	95	PDF	PDF
TZS 1,200,000	Generated	2015-03-01	7.0 months	N/A	TZS 347,585.42	79.4%	79.4%	0.0%	0.0%	0.0%	0.0%	98	-	PDF
TZS 350,000	Real	2014-12-29	5.5 months	N/A	TZS 83,793.43	82.2%	82.2%	0.0%	0.0%	0.0%	0.0%	95	PDF	PDF
TZS 350,000	Generated	2015-03-01	6.0 months	N/A	TZS 87,622.16	79.4%	79.4%	0.0%	0.0%	0.0%	0.0%	98	-	PDF
TZS 75,000	Generated	2015-03-01	9.0 months	N/A	TZS 26,307.46	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF
TZS 300,000	Generated	2015-03-01	9.0 months	N/A	TZS 105,229.83	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF
TZS 550,000	Generated	2015-03-01	9.0 months	N/A	TZS 192,921.35	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF
TZS 750,000	Generated	2015-03-01	6.0 months	N/A	TZS 178,167.38	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF
TZS 900,000	Generated	2015-03-01	9.0 months	N/A	TZS 315,689.49	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF
TZS 2,500,000	Generated	2015-03-01	10.0 months	N/A	TZS 974,184.89	75.7%	75.7%	0.0%	0.0%	0.0%	0.0%	100	-	PDF

Village Banking Loan Price Graphs

Loan Size/

Loan Term/

Custom

Click to view Price Analysis Tool

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
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	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

Additional Comments

Full Pricing Data

Village Banking Loan samples

Village Banking Loan Price Graphs

Total Borrowers of Samples

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