Please note that the information you are viewing is 153 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
Please note that the information you are viewing is 110 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Zigama Credit and Savings Society Head OfficeKigali, GasaboPO Box BP4772
Data approved: 2011-09-16
Data version: 1
Age of data: 153 months

Institution

FINCA Tanzania M.F.C. Limited Plot # 84 Morogoro Rd,Dar es SalaamP.O Box 78783
Data approved: 2013-05-06
Data version: 2
Age of data: -   months 

Institution Details

Institution TypeCredit Union / Cooperative
Is this institution regulated?Yes
Website addresshttp://www.zigamacss.com/
Year established1998
Head of InstitutionGeoffrey Byegeka
Regions activeBugesera, Gasabo, Gicumbi, Huye, Karongi, Kicukiro, Muhanga, Musanze, Ngoma, Nyagatare, Nyarugenge
# Branches16

Total Portfolio (nat'l)RWF 38,189,281,936
Total Portfolio (USD)USD 59,670,753.03
Active clients with loans53,806
Approximate % female clients0% - 20%
Approximate % urban clients0% - 20%
Network affiliationsRwanda Banking Association
Funders

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, MaraMbeya, Morogoro, Mwanza, Pwani, Ruvuma, ShinyangaSingida, Tabora, Tanga
# Branches26

Total Portfolio (nat'l)TZS 38,061,836,434
Total Portfolio (USD)USD 23,938,261.91
Active clients with loans79,129
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

13,750 Borrowers
USD 15,625,000 Portfolio
Active Product
38,500 Borrowers
USD 43,750,000 Portfolio
Active Product

Loan Products » Summary

8,607 Borrowers
USD 10,588,122.56 Portfolio
Active Product
8,196 Borrowers
USD 2,152,910.19 Portfolio
Active Product
62,002 Borrowers
USD 11,197,229.16 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Medium Term Loan RWF 1,000,000 - 50,000,000 36 - 60 0% - 20% 0% - 20% Any Purpose Women, Men, Only members - soldiers, police officers, veterans, Spouses and widows of these groups Credit Educ
Short Term Loan RWF 100,000 - 5,000,000 3 - 36 0% - 20% 0% - 20% Business, Consumer, Education, Other, Medicals bills, Insurance, Marriage Women, Men, Only members - soldiers, police officers, veterans, Spouses and widows of these groups Credit Educ

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
Medium Term Loan 13.00%-13.50% annual, Decl Bal 2 Fees 0 Ins None 10.00% upfront 13.1% - 14.4% 15.6% - 17.3% 78
Short Term Loan 15.00% annual, Decl Bal 2 Fees 0 Ins None 30.00% upfront 14.2% - 39.9% 24.7% - 57.5% 41

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 59.7% - 61.6% 59.7% - 61.6% 59
Small Group Loan 64.8% annual, Decl Bal 1 Fee 0 Ins None 10.0% upfront 66.7% - 68.1% 78.9% - 80.6% 80
Village Banking Loan 78.0% annual, Decl Bal 0 Fees 0 Ins None 10.0% upfront 2,000.00 ongoing 76% 89.8% - 97.4% 84

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Medium Term Loan 13.00%-13.50% annual, Decl Bal 2 Fees 0 Ins Ins None 10.00% upfront 13.1% - 14.4% 15.6% - 17.3% 78
Short Term Loan 15.00% annual, Decl Bal 2 Fees 0 Ins Ins None 30.00% upfront 14.2% - 39.9% 24.7% - 57.5% 41

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 59.7% - 61.6% 59.7% - 61.6% 59
Small Group Loan 64.8% annual, Decl Bal 1 Fee 0 Ins Ins None 10.0% upfront 66.7% - 68.1% 78.9% - 80.6% 80
Village Banking Loan 78.0% annual, Decl Bal 0 Fees 0 Ins Ins None 10.0% upfront 2,000.00 ongoing 76% 89.8% - 97.4% 84
Institution Price Graph
Institution Price Graph
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