| Institution Type | Other |
| Is this institution regulated? | No |
| Website address | http://www.musoni.eu |
| Year established | 2010 |
| Head of Institution | James Onyutta |
| Regions active | Central, Eastern, Nairobi, Nyanza, Rift Valley |
| # Branches | 15 |
| Total Portfolio (nat'l) | KES 495,960,483 |
| Total Portfolio (USD) | USD 5,989,860.91 |
| Active clients with loans | 16,077 |
| Approximate % female clients | 40% - 60% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | |
| Funders | Musoni Investment, Access Africa Fund ( Managed by Microvest), KFW, Grameen Foundation |
| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | N/A |
| Year established | 2003 |
| Head of Institution | Shedehva Optat |
| Regions active | Ruvuma |
| # Branches | 1 |
| Total Portfolio (nat'l) | TZS 4,748,143,743 |
| Total Portfolio (USD) | USD 2,986,253.93 |
| Active clients with loans | 1,069.80 |
| Approximate % female clients | 20% - 40% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations | Community Bank Association |
| Funders | Financial Sector Deepening, Agricultural Trust Fund |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | KES 5,000 - 140,000 | 3 - 12 | 40% - 60% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Business Training, Other Training | |||||||
| Tuelimike ( School Fee Loan) | KES 5,000 - 70,000 | 3 - 9 | 40% - 60% | 60% - 80% | Education | Women, Men, Have business | Group Mtgs, Business Training, Other Training | |||||||
| Wepesi ( Emengency Loan | KES 5,000 - 30,000 | 1 | 40% - 60% | 60% - 80% | Any Purpose | Women, Men, Have business | Business Training, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary Loan | TZS 300,000 - 6,000,000 | 12 | 60% - 80% | 40% - 60% | Any Purpose | Women, Men, Salaried worker | Group Mtgs, Business Training | |||||||
| Small Business Loan | TZS 1,000,000 - 45,000,000 | 3 - 18 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
| Solidarity Group Loan | TZS 500,000 - 3,500,000 | 1 - 12 | 40% - 60% | 20% - 40% | Business, Agriculture | Women, Men, Must run agricultural activities or business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
| Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
| Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins | None | N/A | 93.6% | 93.6% | 96 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary Loan | 24.00% annual, Flat | 2 Fees | 1 Ins | None | N/A | 48.7% - 57.2% | 50% - 59.8% | 41 | ||||||||
| Small Business Loan | 10.00%-24.00% annual, Flat | 3 Fees | 1 Ins | None | N/A | 58.6% - 71.7% | 61.2% - 77% | 15 | ||||||||
| Solidarity Group Loan | 10.00%-30.00% annual, Flat | 2 Fees | 1 Ins | None | 30.00% upfront | 14.2% - 94.9% | 22.9% - 242.9% | 8 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nawiri ( Group business Loan) | 20.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 40.7% - 48.5% | 60.4% - 74.3% | 30 | ||||||||
| Tuelimike ( School Fee Loan) | 22.0% annual, Flat | 1 Fee | 0 Ins Ins | None | 20.0% upfront | 45.3% - 51.8% | 67.2% - 79.2% | 29 | ||||||||
| Wepesi ( Emengency Loan | 90.0% annual, Up-Front | 0 Fees | 0 Ins Ins | None | N/A | 93.6% | 93.6% | 96 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Salary Loan | 24.00% annual, Flat | 2 Fees | 1 Ins Ins | None | N/A | 48.7% - 57.2% | 50% - 59.8% | 41 | ||||||||
| Small Business Loan | 10.00%-24.00% annual, Flat | 3 Fees | 1 Ins Ins | None | N/A | 58.6% - 71.7% | 61.2% - 77% | 15 | ||||||||
| Solidarity Group Loan | 10.00%-30.00% annual, Flat | 2 Fees | 1 Ins Ins | None | 30.00% upfront | 14.2% - 94.9% | 22.9% - 242.9% | 8 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 | ||||||
| to | ||||||
| to ∞ | ||||||
