- MFTransparency.org Truth In Lending Tables

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
AGFS	200	47,000	2	152
Ahantaman RB	23,800	9,896,000	4	134
APED	13,700	1,876,000	2	134
ASA Initiative	4,400	577,000	4	134
ASA-Ghana	71,600	18,385,000	2	134
ASPI	800	88,000	6	134
Atwima Kwanwoma	3,800	1,788,000	2	134
Baobab	5,100	967,000	2	134
BestFUND	13,000	4,172,000	3	134
Bonzali Rural	10,400	1,691,000	4	152
CashPhase	83	135,000	2	134
CASUD	1,100	524,000	1	134
CEDEF	500	54,000	4	134
CFF	100	13,000	1	134
CRAN	3,600	1,019,000	2	134
DQF	1,700	63,000	2	134
EASL	9,200	11,409,000	6	134
East Mamprusi	12,500	2,268,000	4	134
ELDA	0	0	0	134
EMPRETEC Ghana	200	56,000	2	134
FASL	13,500	14,047,000	8	134
Grameen Ghana	9,500	507,000	3	134
ID-Ghana	5,600	953,000	3	134
Innovative Finance	2,700	354,000	3	134
Kraban Support	7,700	781,000	5	152
KRB	4,000	6,350,000	3	134
Lower Pra RB	34,000	6,316,000	3	152
Maata-N-Tudu	12,000	941,000	4	134
Mail Finance	300	288,000	1	134
Markaz	0	0	0	134
Markaz Al Bishara	100	17,000	1	134
MicrofinPlus Gh	1,100	251,000	2	134
Nwabiagya RB	4,000	2,265,000	3	134
OISL	62,000	27,232,000	9	134
Pro Credit	0	0	0	134
Rich Step	100	101,000	1	134
SAT	147,600	29,359,000	4	134
Sekam Trust	600	137,000	2	134
Simli Pong	8,900	463,000	3	152
SS Ghana	200	35,000	1	134
TCCU	100	32,000	3	134
The Bridge	400	32,000	3	152
Union RB	3,800	2,361,000	4	134

Please note that the information you are viewing is 129 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

MBINGA COMMUNITY BANK LTD P.O.BOX 290MBINGA, RUVUMA255

Data approved: 2011-12-18

Data version: 1

Age of data: - months

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Product

Solidarity Group Loan Product 3 of 3 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (TZS)	TZS 1,896,075,258
Portfolio (USD)	USD 1,264,050
Active Clients with Loans	12,389
Approximate % Female Clients	40% - 60%
Approximate % Urban Clients	20% - 40%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Source of capital to group members

Loan Purpose

Any purpose
Income generation	x
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other	Agricultural use
Other (2)

Included Services

Credit education	x
Group meetings
Credit insurance	x
Workplace visits	x
Business training
Other training
Other
Other (2)
No other services

Eligibility

Men	x
Women	x
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
Other	Must run agricultural activities or business
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	N/A
# Regions for this product	N/A
Regions Active

Loan Conditions

Loan Amount

Currency	TZS
Minimum loan size	TZS 500,000
Maximum loan size	3,500,000

Loan Term and Grace Period

Shortest loan term	1.0 month
Longest loan term	12.0 months
Approx average	6.0 months

Distribution at Disbursement (Est.)

Loans 3 months or less	N/A
Between 4 and 6 months	N/A
Between 7 and 9 months	N/A
Between 10 and 12 months	N/A
Between 13 and 18 months	N/A
Longer than 18 months	N/A

Grace Period

Grace period usage	0
Average grace period	0

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthly	x
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest

Lowest quoted nominal interest	10.00%
Highest quoted nominal interest	30.00%
Interest rate period	Yearly
Interest Rate Calculation Method	Flat
Subsidized by funder request?	N/A
Is rate fixed for entire loan term	Yes

Upfront Fees

	Fee 1	Fee 2
Description	LOAN APPLICATION FEE	LEGAL AND SETUP FEE
% of loan amount - min	1.50%	2.00%
% of loan amount - max	1.50%	2.00%
OR, Fixed amount - min	0	0
Fixed amount - max	0	0
Reason for variation
Appears on Repayment Sched?	No	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	LOAN INSURANCE
% of loan amount - min	1.00%
% of loan amount - max	2.50%
OR, Fixed amount - min	0
Fixed amount - max	0
Reason for variation
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?	Yes

Deposit BEFORE or AT Disbursement

% loan amount deposited	30.00% - N/A
or, Fixed-amount deposited	0 - N/A

Deposits DURING period payments

% loan amount deposited	0 - N/A
or, Fixed-amount deposited	TZS 5,000 - N/A
Conditions on access to deposit	Access During

Interest Paid on Deposit

Minimum interest rate paid	3.50%
Maximum interest rate paid	3.50%
Interest payment frequency	End Term

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Solidarity Group Loan samples

	Sample 1	Sample 2	Sample 3	Sample 4
Loan Amount	TZS 500,000	TZS 1,000,000	TZS 2,000,000	TZS 3,000,000
Loan Cycle (1, 2, 3, etc)	1	1	1	1
Disbursement Date	2013-01-09	2013-02-08	2013-02-23	2013-01-09
Loan Term (Months)	12.0 months	12.0 months	1.0 month	4.0 months
Grace Period (Months)	0.0 months	0.0 months	0.0 months	0.0 months
Total Cost of Credit	Not Known	Not Known	Not Known	Not Known
True Price by Comp
Interest and Fee Component	55.2%	55.2%	103.6%	55.9%
Insurance Component	3.3%	3.3%	13.4%	5.7%
Tax Component	0.0%	0.0%	0.0%	0.0%
Deposit Component	63.7%	56.6%	52.0%	52.4%
Full APR (int fee ins tax dep)	122.2%	115.0%	169.0%	114.0%
Transparency Index	8	9	6	9

Original Repayment Schedule	PDF	PDF	PDF	PDF
MFT Pricing Calculation	PDF	PDF	PDF	PDF

Solidarity Group 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

	X Axis
	Greater than:
	Less or equal to:
N (# of Samples)
Total Borrrowers of Samples


Avg
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By Inst Type


By Country

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