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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: 110 months

Institution

Hofokam Ltd [email protected][email protected]Fort Portal, Western Uganda228
Data approved: 2011-06-29
Data version: 1
Age of data: -   months 

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

Institution Details

Institution TypePrivate 'For-Profit'
Is this institution regulated?N/A
Website addressN/A
Year established2003
Head of InstitutionCharles Isingoma
Regions active0
# Branches5

Total Portfolio (nat'l)UGX 7,921,352,553
Total Portfolio (USD)USD 3,600,614.80
Active clients with loans17,248
Approximate % female clients40% - 60%
Approximate % urban clients0% - 20%
Network affiliationsAMFIU, AMT, MFI Upgrading Initiative
FundersTRIPPLE JUMP, OIKOCREDIT, TRIAS, CRS

Loan Products » Summary

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

Loan Products » Summary

2,506 Borrowers
USD 286,081 Portfolio
Active Product
2,951 Borrowers
USD 2,040,216 Portfolio
Active Product
573 Borrowers
USD 262,299 Portfolio
Active Product
140 Borrowers
USD 146,565 Portfolio
Active Product
1,278 Borrowers
USD 159,241 Portfolio
Active Product
9,843 Borrowers
USD 714,741 Portfolio
Active Product

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 » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Agriculture Loan UGX 50,000 - 15,000,000 6 - 12 60% - 80% 20% - 40%
Individual Loan UGX 500,000 - 10,000,000 6 - 24 20% - 40% 20% - 40%
Salary Loan UGX 250,000 - 10,000,000 6 - 12 20% - 40% 20% - 40%
School Fees Loan UGX 700,000 - 1,500,000 6 - 8 20% - 40% 20% - 40%
Solidarity Group Loan UGX 200,000 - 500,000 4 - 12 60% - 80% 40% - 60%
Village Bank Loan UGX 50,000 - 5,000,000 4 - 12 40% - 60% 0% - 20%

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
Agriculture Loan 27.60% annual, Flat 1 Fee 0 Ins 0% - 54.6% 47.9% - 93.5% 40
Individual Loan 27.60% annual, Flat 1 Fee 0 Ins N/A 0% - 52.5% 53.4% - 55.5% 51
Salary Loan 24.00% annual, Flat 1 Fee 1 Ins N/A 43% - 46.5% 44.2% - 49.5% 52
School Fees Loan 24.00% annual, Flat 1 Fee 0 Ins N/A 56.5% - 58.2% 60.3% - 62.1% 39
Solidarity Group Loan 30.00% annual, Flat 1 Fee 1 Ins 66.5% - 68.9% 119.6% - 126.5% 24
Village Bank Loan 30.00% annual, Flat 1 Fee 0 Ins 25.7% - 66.6% 39.7% - 119.8% 35

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

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Agriculture Loan 27.60% annual, Flat 1 Fee 0 Ins Ins 0% - 54.6% 47.9% - 93.5% 40
Individual Loan 27.60% annual, Flat 1 Fee 0 Ins Ins N/A 0% - 52.5% 53.4% - 55.5% 51
Salary Loan 24.00% annual, Flat 1 Fee 1 Ins Ins N/A 43% - 46.5% 44.2% - 49.5% 52
School Fees Loan 24.00% annual, Flat 1 Fee 0 Ins Ins N/A 56.5% - 58.2% 60.3% - 62.1% 39
Solidarity Group Loan 30.00% annual, Flat 1 Fee 1 Ins Ins 66.5% - 68.9% 119.6% - 126.5% 24
Village Bank Loan 30.00% annual, Flat 1 Fee 0 Ins Ins 25.7% - 66.6% 39.7% - 119.8% 35
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Key Statistics
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Loan Portfolio (USD)
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