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Institution

Akiba Commercial Bank Plc PO Box 669Amani Place Building, Ohio StreetDar es Salaam255
Data approved: 2013-08-28
Data version: 1
Age of data: 109 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.acbtz.com
Year established1997
Head of InstitutionJohn Lwande
Regions activeArusha, Dar es Salaam, Dodoma, Kilimanjaro
# Branches16

Total Portfolio (nat'l)TZS 63,080,526,795
Total Portfolio (USD)USD 39,673,287.29
Active clients with loans27,490
Approximate % female clients40% - 60%
Approximate % urban clients100%
Network affiliationsTanzania Association For Microfinance Institutions-TAMFI
FundersACCION International, SIDI, Stichting Hivos-Triodos Fonds, INCOFIN CVSO, Parastatal Pension Funds (PPF)

Loan Products » Summary

13,606 Borrowers
USD 29,226,615.07 Portfolio
Active Product
10,387 Borrowers
USD 3,091,807.91 Portfolio
Active Product
2,755 Borrowers
USD 4,096,010.96 Portfolio
Active Product
247 Borrowers
USD 438,094.50 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Biashara Loans ( Individual) TZS 500,000 - 50,000,000 3 - 24 40% - 60% 40% - 60% Business Women, Men, Have business, Specific age group Credit Ins
Solidarity Group Loans TZS 200,000 - 3,000,000 3 - 12 60% - 80% 100% Business Women, Men, Have business, Specific age group Credit Educ, Group Mtgs, Credit Ins
Consumer Loans TZS 100,000 - 35,000,000 6 - 36 20% - 40% 100% Any Purpose Women, Men, Salaried worker, Specific age group Credit Ins
Home Improvement Loans TZS 500,000 - 20,000,000 3 - 12 40% - 60% 100% For house renovation purpose Women, Men, Have business, Have home or land, Specific age group Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Biashara Loans ( Individual) 20.0%-22.0% annual, Flat 2 Fees 1 Ins None N/A 40.1% - 46.7% 42% - 50.4% 45
Solidarity Group Loans 27.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 47.2% - 47.6% 72% - 74.5% 36
Consumer Loans 18.0% annual, Flat 1 Fee 1 Ins None N/A 30.9% - 44.7% 32.2% - 57.5% 48
Home Improvement Loans 19.5% annual, Flat 2 Fees 1 Ins None N/A 36% - 37.6% 38% - 39.6% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
AgroCapital21,90016,894,00011145
ANED5,4006,579,0003104
Banco FIE231,100569,322,0006104
BancoSol215,300861,418,00030104
CIDRE8,500126,578,0008104
Coop Fatima6,30044,280,0007145
CRECER166,900134,626,00013104
Diaconia67,00085,734,0002104
Ecofuturo59,200226,839,0005104
EMPRENDER8,7002,380,0003145
Fassil FFP57,600325,081,0005104
FONCRESOL3,9009,573,0003104
FONDECO14,20024,274,0003104
Fortaleza20,100164,530,00013104
FUBODE29,40024,444,0007104
FUNBODEM8,60015,798,0009104
IDEPRO10,40040,479,0002104
IMPRO2,4002,885,0004104
ProCredit84,300257,487,0008145
PRODEM44,90062,529,0004104
ProMujer BOL115,20050,753,0003104
Sartawi14,60026,842,0008104
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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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