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Institution

Fanikiwa Microfinance Company Limited Head OfficeDar Es SalaamPO Box 8695
Data approved: 2013-03-13
Data version: 2
Age of data: 76 months

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?No
Website addressN/A
Year established2010
Head of InstitutionThaddeo W. Mashera
Regions activeArusha, Dar es Salaam, Mwanza
# Branches5

Total Portfolio (nat'l)TZS 800,400,221
Total Portfolio (USD)USD 503,396.37
Active clients with loans1,538
Approximate % female clients60% - 80%
Approximate % urban clients20% - 40%
Network affiliationsTAMFI
FundersGatsby Charity Fund, Tanzania Gatsby Trust

Loan Products » Summary

1,342 Borrowers
USD 203,557.23 Portfolio
Active Product
121 Borrowers
USD 134,973.11 Portfolio
Active Product
25 Borrowers
USD 8,426.32 Portfolio
Low Volume Product
18 Borrowers
USD 2,277.72 Portfolio
Low Volume Product
SME
2 Borrowers
USD 22,012.55 Portfolio
Low Volume Product
30 Borrowers
USD 21,619.50 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 » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Jamii Loan TZS 50,000 - 2,000,000 3 - 12 60% - 80% 20% - 40% Business Women, Men, Have business Business Training
Personal Loan TZS 1,000,000 - 10,000,000 6 - 24 40% - 60% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Jamii Loan 30.00% annual, Flat 2 Fees 1 Ins None 10.00% upfront 53.3% - 59.1% 68.7% - 75.8% 41
Personal Loan 24.00% annual, Flat 2 Fees 1 Ins None 15.00% upfront 42.8% - 47.5% 57.5% - 66.4% 38
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001112
CEPESIU2,000939,0004112
COAC 4 Octubre2,2005,771,0002112
COAC Ambato1,30016,415,0002112
COAC FondVida2,5004,200,0004112
COAC LaBenefica2,5008,482,0006112
COAC MCCH5,30010,020,0002112
COAC Nacional30,70027,129,0002112
COAC San José10,40029,133,0005112
COAC SanAntonio1,0002,384,0003112
COAC SantaAnita2,0002,532,0006112
Codesarrollo14,40040,328,0007112
Coop San Miguel1,8004,754,0005109
CooP VPR7001,052,0004112
Cooprogreso7,90032,244,0004112
Credi Fe100,900380,039,0004112
D^Miro36,90027,692,0009105
DECOF2,200705,0002112
Espoir62,10021,036,0005112
FODEMI28,20012,924,0003112
Fundacion Alternativa4,3005,545,0002112
FUNDAMIC2,0001,468,0002112
INSOTEC7,0006,047,0004112
Luz del Valle6,40011,300,0003112
ProCredit43,800211,941,0002112
PS Ambato5,6002,771,0001112
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Key Statistics
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# Borrowers
Loan Portfolio (USD)
% Products using declining balance
% Products with one or more fee
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% Products with compulsory deposits
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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