2. FINCOOP
Please note that the information you are viewing is 136 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FINCA Tanzania
Please note that the information you are viewing is 111 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Finance Cooperative Limited ADL House, 3rd FloorCity CenterLilongwe, Central
Data approved: 2011-01-31
Data version: 1
Age of data: -   months 
Choose version

Institution

FINCA Tanzania M.F.C. Limited Plot # 84 Morogoro Rd,Dar es SalaamP.O Box 78783
Data approved: 2014-11-04
Data version: 3
Age of data: 111 months
Choose version

Institution Details

Institution TypeCooperative
Is this institution regulated?N/A
Website addressN/A
Year established2004
Head of InstitutionAnthony Mtali Ngwira
Regions active0
# Branches4

Total Portfolio (nat'l)MWK 615,884,079
Total Portfolio (USD)USD 4,105,893.86
Active clients with loans33,228
Approximate % female clients80% - 100%
Approximate % urban clients60% - 80%
Network affiliationsMalawi Union of Savings and Credit Cooperations (MUSCCO), Malawi Microfinance Network (MAMN)
FundersHIVOS, CORDAID

Institution Details

Institution TypeNon Bank Financial Institution
Is this institution regulated?Yes
Website addresshttp://www.finca.org/
Year established1998
Head of InstitutionTom Kocsis
Regions activeArusha, Dar es Salaam, Dodoma, Iringa, Kagera, Kilimanjaro, Manyara, Mwanza, Pwani, Ruvuma, ShinyangaSingida, Tabora, Tanga
# Branches26

Total Portfolio (nat'l)TZS 50,112,584,494
Total Portfolio (USD)USD 31,517,348.74
Active clients with loans78,486
Approximate % female clients40% - 60%
Approximate % urban clients40% - 60%
Network affiliationsFINCA International, FINCA Microfinance Holding Company LLC, Tanzania Association of Microfinance Institutions
FundersResponsibility, Triple Jump, International Finance Corporation (IFC), KFW

Loan Products » Summary

Mpamba (Individual Business Loan)
9,968 Borrowers
USD 1,453,333 Portfolio
Active Product
Mwai wa Mayi (Female Group Loan)
5,989 Borrowers
USD 328,472 Portfolio
Active Product
Phindu (Group Business)
4,984 Borrowers
USD 615,884 Portfolio
Active Product
Pompopompo (Emergency Loan)
665 Borrowers
USD 82,118 Portfolio
Active Product
Uchikumbe (Agriculture Loan)
21,598 Borrowers
USD 2,668,838 Portfolio
Active Product

Loan Products » Summary

Individual
9,944 Borrowers
USD 17,564,653.79 Portfolio
Active Product
Small Group
12,475 Borrowers
USD 3,692,455.75 Portfolio
Active Product
Village
56,067 Borrowers
USD 10,260,239.19 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Mpamba (Individual Business Loan) MWK 10,000 - 1,500,000 2 - 12 40% - 60% 20% - 40%
Mwai wa Mayi (Female Group Loan) MWK 10,000 - 100,000 2 - 8 80% - 100% 20% - 40%
Phindu (Group Business) MWK 10,000 - 250,000 3 - 12 20% - 40% 20% - 40%
Pompopompo (Emergency Loan) MWK 1,120 - 30,000 2 - 5 20% - 40% 60% - 80%
Uchikumbe (Agriculture Loan) MWK 7,500 - 200,000 4 - 10 20% - 40% 0% - 20%

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Business Loan TZS 500,000 - 30,000,000 3 - 18 20% - 40% 80% - 100% Any Purpose Women, Men, Have business Credit Educ, Tech Asst Visits
Small Group Loan TZS 350,000 - 4,000,000 6 - 12 40% - 60% 60% - 80% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
Village Banking Loan TZS 30,000 - 3,000,000 6 - 10 60% - 80% 20% - 40% 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
Mpamba (Individual Business Loan) 32.00% annual, Flat 1 Fee 0 Ins N/A 0% - 66.6% 66.8% - 77%
Mwai wa Mayi (Female Group Loan) 36.00% annual, Flat 1 Fee 0 Ins N/A 63.9% - 65.7% 71.8% - 73.8%
Phindu (Group Business) 30.00% annual, Flat 2 Fees 0 Ins N/A 0% - 65.4% 67.1% - 75.8%
Pompopompo (Emergency Loan) 36.00% annual, Flat 1 Fee 0 Ins N/A 72.1% - 75.6% 85.6% - 89.8%
Uchikumbe (Agriculture Loan) 32.00% annual, Flat 2 Fees 0 Ins N/A 62.4% - 62.8% 68.4% - 69.4%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 36.0%-60.0% annual, Decl Bal 1 Fee 0 Ins None N/A 59.3% - 60.4% 59.3% - 60.4% 60
Small Group Loan 64.8% annual, Decl Bal 1 Fee 0 Ins None N/A 65.2% - 66.8% 65.2% - 66.8% 98
Village Banking Loan 78.0% annual, Decl Bal 0 Fees 0 Ins None N/A 75.7% - 82.2% 75.7% - 82.2% 98

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Mpamba (Individual Business Loan) 32.00% annual, Flat 1 Fee 0 Ins Ins N/A 0% - 66.6% 66.8% - 77%
Mwai wa Mayi (Female Group Loan) 36.00% annual, Flat 1 Fee 0 Ins Ins N/A 63.9% - 65.7% 71.8% - 73.8%
Phindu (Group Business) 30.00% annual, Flat 2 Fees 0 Ins Ins N/A 0% - 65.4% 67.1% - 75.8%
Pompopompo (Emergency Loan) 36.00% annual, Flat 1 Fee 0 Ins Ins N/A 72.1% - 75.6% 85.6% - 89.8%
Uchikumbe (Agriculture Loan) 32.00% annual, Flat 2 Fees 0 Ins Ins N/A 62.4% - 62.8% 68.4% - 69.4%

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Business Loan 36.0%-60.0% annual, Decl Bal 1 Fee 0 Ins Ins None N/A 59.3% - 60.4% 59.3% - 60.4% 60
Small Group Loan 64.8% annual, Decl Bal 1 Fee 0 Ins Ins None N/A 65.2% - 66.8% 65.2% - 66.8% 98
Village Banking Loan 78.0% annual, Decl Bal 0 Fees 0 Ins Ins None N/A 75.7% - 82.2% 75.7% - 82.2% 98
Institution Price Graph
Click to view Price Analysis Tool
Institution Price Graph
Click to view Price Analysis Tool
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
Loading...
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

Total Borrowers of Samples

X Axis
Greater than:
Less or equal to:
From 0 to
to
to
to ∞