Institution

Tamale Community Credit Union Head OfficeTamale, Northern Region
Data approved: 2013-04-29
Data version: 2
Age of data: 93 months

Institution

Data approved: 2013-07-16
Data version: 1
Age of data: 88 months

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?No
Website addressN/A
Year established2004
Head of InstitutionAkaare Emmanuel
Regions activeNorthern Region
# Branches1

Total Portfolio (nat'l)GHS 64,800
Total Portfolio (USD)USD 32,893.40
Active clients with loans145
Approximate % female clients40% - 60%
Approximate % urban clients0% - 20%
Network affiliationsCUA, GHAMFIN
FundersSENDFINCO (SEND Ghana)

Institution Details

Institution TypeNon-Governmental Organization
Is this institution regulated?No
Website addresshttp://www.pride-tz.org
Year established1993
Head of InstitutionMr Rashid Malima
Regions activeArusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kigoma, Kilimanjaro, Lindi, Manyara, MaraMbeya, Morogoro, Mtwara, Mwanza, Pemba North, Pwani, Rukwa, Ruvuma, ShinyangaSingida
# Branches70

Total Portfolio (nat'l)TZS 52,981,652,027
Total Portfolio (USD)USD 33,321,793.73
Active clients with loans102,278
Approximate % female clients60% - 80%
Approximate % urban clients80% - 100%
Network affiliations
Funders

Loan Products » Summary

89 Borrowers
USD 16,243.65 Portfolio
Active Product
52 Borrowers
USD 7,614.21 Portfolio
Active Product
4 Borrowers
USD 9,035.53 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Summary

101,152 Borrowers
USD 27,395,839.56 Portfolio
Active Product
2,439 Borrowers
USD 5,510,642.60 Portfolio
Active Product
843 Borrowers
USD 415,311.57 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loan GHS 150 - 10,000 1 - 18 40% - 60% 20% - 40% Business Women, Men, Have business Group Mtgs
Microfinance Loan GHS 120 - 250 4 80% - 100% 0% - 20% Business Women, must be in a group and in the community Credit Educ, Group Mtgs

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Group product (MEC loan product) TZS 300,000 - 3,000,000 5 - 12 60% - 80% 80% - 100% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins
Premium Group TZS 3,000,000 - 35,000,000 6 - 24 60% - 80% 80% - 100% Business Women, Men, Have business Group Mtgs, Credit Ins
Salary Loan TZS 100,000 - 15,000,000 6 - 24 40% - 60% 80% - 100% Any Purpose Women, Men, Salaried worker

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 36.00% annual, Decl Bal 1 Fee 1 Ins None 50.00% upfront 38.1% - 40.2% 162.3% - 175.1% 21
Microfinance Loan 30.00% annual, Flat 1 Fee 0 Ins None N/A- upfront 60.9% - 63.6% 63% - 69.5% 45

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group product (MEC loan product) 30.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 3,000.00 ongoing 52.8% - 54.9% 97% - 141.6% 25
Premium Group 22.0%-24.0% annual, Flat 1 Fee 1 Ins None 25.0% upfront 13,000.00 ongoing 43% - 43.3% 77.9% - 80.5% 27
Salary Loan 36.0% annual, Decl Bal 1 Fee 0 Ins None N/A 39.4% - 42.6% 39.4% - 42.6% 88

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 36.00% annual, Decl Bal 1 Fee 1 Ins Ins None 50.00% upfront 38.1% - 40.2% 162.3% - 175.1% 21
Microfinance Loan 30.00% annual, Flat 1 Fee 0 Ins Ins None N/A- upfront 60.9% - 63.6% 63% - 69.5% 45

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Group product (MEC loan product) 30.0% annual, Flat 1 Fee 1 Ins Ins None 25.0% upfront 3,000.00 ongoing 52.8% - 54.9% 97% - 141.6% 25
Premium Group 22.0%-24.0% annual, Flat 1 Fee 1 Ins Ins None 25.0% upfront 13,000.00 ongoing 43% - 43.3% 77.9% - 80.5% 27
Salary Loan 36.0% annual, Decl Bal 1 Fee 0 Ins Ins None N/A 39.4% - 42.6% 39.4% - 42.6% 88
Institution Price Graph
Institution Price Graph
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Key Statistics
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Loan Portfolio (USD)
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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