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Institution

Incubadora de Microempresas Productivas Calle Manuel Ergueta Nº 1741, MorilloLa Paz, Bolivia
Data approved: 2013-09-10
Data version: 2
Age of data: 122 months

Institution

BRAC Tanzania Finance Limited Plot 2329, Block HMbezi BeachDar es salaamPO BOX 105213
Data approved: 2013-06-27
Data version: 2
Age of data: 127 months

Product

Línea de Créditos de Fomento Product 1 of 4 « Prev | Next »

Product

Small Enterprise Program (SEP) Loan Product 2 of 2 « Prev | Next »

Product Summary

Number borrowers990
Loan Amount (range)BOB 300 - 21,000
Loan Term (range)4 - 24
Other Services (text summary)Credit Ins, Tech Asst Visits
Annual Interest & Method14.4%-21.6% annual, Decl Bal
Fees16.00-20.00 ongoing
Insurance0.12%-0.72% ongoing
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component14.3% - 21.7%
Fee Component4.0% - 18.7%
Insurance Component0.5% - 0.7%
Tax Component Range0
Full APR (int fee ins tax dep)26.1% - 28.5%
Transparency Index (min/max)35 - 71
Transparency Index (average)53

Product Summary

2,331
TZS 1,200,000 - 14,000,000
6 - 12
Credit Educ, Group Mtgs, Credit Ins
25.0%-26.0% annual, Flat
1.00% upfront 2,000.00 upfront
None
None
10.0% upfront
 
42.4% - 62.8%
2.1% - 5.3%
0
0
52.9% - 53.7%
39 - 47
47

Product Details

Key Statistics
Outstanding portfolio (BOB)BOB 7,499,754.50
Portfolio (USD)USD 1,111,074.74
Active Clients with Loans990
Approximate % Female Clients40% - 60%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Incluye creditos productivos, de comercio, servicios básicos como agua, electricidad, sanitarios, etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
Educationx
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visitsx
Business training
Other training
Other
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 institution1
# Regions for this product1
Regions ActiveLa Paz

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 4,567,592,326
Portfolio (USD)USD 2,872,699.58
Active Clients with Loans2,331
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Small Enterprise program (SEP) loan product is designed to finance small and medium businesses, agricultural, small trading, livestock and poultry farming.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried worker
Must be specific age groupx
Other20 - 50 years old
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution18
# Regions for this product11
Regions ActiveArusha, Dar es Salaam, Dodoma, KilimanjaroMbeya, Morogoro, Mwanza, Tanga, Zanzibar Central/South, Zanzibar North, Zanzibar Urban/West

Loan Conditions

Loan Amount
CurrencyBOB
Minimum loan sizeBOB 300
Maximum loan size21,000
Distribution at Disbursement (Est.)
Loans less than BOB 10,00080%
BOB 10,000-40,00020%
BOB 40,000-70,0000
BOB 70,000-100,0000
BOB 100,000-125,0000
Greater than BOB 125,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term24.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months10%
Between 10 and 12 months30%
Between 13 and 18 months40%
Longer than 18 months10%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 1,200,000
Maximum loan size14,000,000
Distribution at Disbursement (Est.)
Loans less than TZS 350,0000
TZS 350,000-1,250,00010%
TZS 1,250,000-2,000,00010%
TZS 2,000,000-3,000,00015%
TZS 3,000,000-4,000,00015%
Greater than TZS 4,000,00015%
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term12.0 months
Approx average12.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months10%
Between 7 and 9 months0
Between 10 and 12 months90%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest1.20%
Highest quoted nominal interest1.80%
Reason(s) why interest rate variesClient Risk, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?Yes
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1
DescriptionCobro por Formularios
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min16
Fixed amount - max20
Reason for variationFee varies based on loan amount.
Appears on Repayment Sched?Yes
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de Desgravamen
% of loan amount - min0.12%
% of loan amount - max0.72%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationInsurance fee is 0.03% per month, charged on the disbursed loan amount.
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest25.00%
Highest quoted nominal interest26.00%
Reason(s) why interest rate variesTime as Client, 13% for 6 month and 25% for 12 month loan
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1Fee 2
DescriptionAppraisal FeeApplication Fee
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min02,000
Fixed amount - max02,000
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
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 forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Línea de Créditos de Fomento samples
Sample 1Sample 2Sample 3
Loan AmountBOB 3,000BOB 5,000BOB 10,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2014-04-012013-01-072013-07-20
Loan Term (Months)18.0 months8.0 months15.0 months
Grace Period (Months)0.0 months0.1 months0.0 months
Total Cost of CreditBOB 646.20BOB 565.76BOB 1,870.33
True Price by Comp     
Interest price component14.3%21.7%21.7%
Fee Component11.2%6.3%4.0%
Insurance Component0.6%0.5%0.6%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)26.1%28.5%26.3%
Transparency Index555055
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF

Full Pricing Data

Small Enterprise Program (SEP) Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountTZS 1,500,000TZS 3,000,000TZS 3,500,000TZS 5,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-04-082013-02-152013-06-142013-03-12
Loan Term (Months)12.0 months12.0 months12.0 months12.0 months
Grace Period (Months)0.0 months-0.1 months0.0 months0.0 months
Total Cost of CreditTZS 392,600TZS 782,000TZS 912,200TZS 1,302,800
True Price by Comp       
Interest price component42.6%42.9%42.6%42.4%
Fee Component2.3%2.2%2.1%2.1%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component8.5%8.6%8.5%8.4%
Full APR (int fee ins tax dep)53.4%53.7%53.2%52.9%
Transparency Index47474747
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Línea de Créditos de Fomento Price Graphs


Small Enterprise Program (SEP) Loan Price Graphs


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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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