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Transparent Pricing In Tanzania

Please note that MFTransparency is no longer collecting new pricing data. The data displayed for this country is for historical purposes only and does not represent current products or prices in the country. Note that the age of the information for each MFI is indicated in the table below.

The Transparent Pricing Initiative in Tanzania has published standardized pricing data from 15 microfinance providers, representing an estimated 70% of Tanzania’s microloan borrowers. Launched in 2011 the Initiative is delivered in partnership with Planet Rating and TAMFI (the  Tanzanian Association of Microfinance Institutions), and is funded by the MasterCard Foundation. Microfinance in Tanzania

Truth-in-Lending Legislation Tanzania Price Graph
The price graph presented below shows the prices of all the microloan products in the Tanzania dataset. Each data-point represents a real loan given to a real borrower, calculated using original loan documentation from the institution. The size of the data-point correlates with the number of borrowers that have a loan of that product at that loan amount. The color of the data-point correlates with the Transparency Index of the sample. The interactive legend beneath the graph can be used to change the graph axis and labels. Try the custom feature to see price correlations with attributes such as loan purpose, institution type, loan term and percent of gross national income.
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankNBFINGOOtherInstitution TypeAgricultureAnyBusinessConsumerMultipleOtherLoan PurposeABTAKIBABELITABRAC TanzaniaF & K FinanceFINCA TanzaniaFMFCK-Finance LtdMCBLMDF TanzaniaMbingaNMBOpportunityPRIDE TanzaniaSelfinaTujijenge TanzaniaVF^TanzaniaVictoriaYOSEFOInstitutionTZ-001-V03-P01TZ-001-V03-P02TZ-003-V02-P01TZ-004-V02-P01TZ-004-V02-P02TZ-005-V01-P01TZ-006-V02-P01TZ-006-V02-P04TZ-007-V03-P01TZ-007-V03-P02TZ-007-V03-P03TZ-008-V02-P01TZ-008-V02-P02TZ-009-V02-P01TZ-009-V02-P02TZ-009-V02-P03TZ-010-V02-P01TZ-010-V02-P02TZ-010-V02-P03TZ-010-V02-P04TZ-011-V02-P01TZ-012-V02-P01TZ-012-V02-P02TZ-015-V01-P01TZ-015-V01-P02TZ-017-V02-P01TZ-017-V02-P02TZ-017-V02-P03TZ-017-V02-P04TZ-018-V01-P02TZ-019-V01-P01TZ-019-V01-P02TZ-019-V01-P03TZ-020-V01-P01TZ-020-V01-P02TZ-020-V01-P03TZ-020-V01-P04TZ-021-V01-P01TZ-021-V01-P02TZ-021-V01-P03TZ-021-V01-P04TZ-023-V01-P01TZ-023-V01-P02TZ-023-V01-P03TZ-024-V01-P01ProductTZCountry201120132014YearRange Number123Institution Data Version05,000,00010,000,00015,000,00020,000,00025,000,000Loan Size (all)0%100%200%300%Full APR (int fee ins tax dep)> 60,00045,00030,00015,0001,600Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
The Price Graph for Tanzania shows the prices of 30 products, offered by 14 microfinance institutions. More than half of the institutions analyzed are privately-owned for profit institutions, followed by NGO microfinance institutions. Owning a business is one of the most frequently cited eligibility criteria for accessing a microloan, followed by ownership of property. Products targeted exclusively to women form 10% of all the products in the survey. Almost all loan prices in Tanzania are quoted using the flat interest rate calculation method, with just 4% of the loans surveyed quoted using the declining balance interest rate method. Extra charges in a form of fees and insurance are observed in all of the products surveyed. The average market rate in Tanzania represented by the pricing curve reveals that the smaller the loan size, the higher the cost incurred by the borrower. This trend is true for all types of microfinance provider and all types of loan purpose included in the dataset.  When calculated using a standardized APR formula which includes the impact of the interest rate, fees and insurance, but excludes the impact of compulsory savings, the highest priced product were delivered to rural areas as opposed to urban areas.  

Tanzania Institutions

Institution# BorrowersPortfolio (US$)ProductsTransp. IndexParticipating SinceAge of Data
ABT25,40037,378,0002782012-May126 mos.
AKIBA26,90036,852,0004422013-Aug140 mos.
BELITA5,800492,0001292011-Dec140 mos.
BRAC Tanzania102,30019,663,0002422011-Dec140 mos.
F & K Finance038,0001252011-Dec162 mos.
FINCA Tanzania78,40031,517,0003942011-Dec122 mos.
FMFC1,500392,0006402011-Dec140 mos.
K-Finance Ltd1,000264,0002292011-Dec140 mos.
Mbinga1,0002,986,0003122011-Dec140 mos.
MCBL3,6002,837,0006342011-Dec140 mos.
MDF Tanzania600148,0001202013-Aug140 mos.
NMB45,10074,528,0001892011-Dec140 mos.
Opportunity8,6003,018,0003412011-Dec140 mos.
PRIDE Tanzania104,40033,321,0003262013-Jul140 mos.
PTFN/AN/ADeclined -
Selfina8,0003,773,0002362011-Dec162 mos.
Tujijenge Tanzania10,0002,060,0004382011-Dec140 mos.
VF^Tanzania34,3907,613,0004472013-Nov134 mos.
Victoria100377,0003332011-Dec162 mos.
YOSEFO17,1002,211,0003262011-Dec162 mos.
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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