| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | No |
| Website address | http://www.opportunity.net/tanzania |
| Year established | 2009 |
| Head of Institution | Stanley Tsikirayi |
| Regions active | Arusha, Dar es Salaam, Kilimanjaro |
| # Branches | 6 |
| Total Portfolio (nat'l) | TZS 4,800,000,000 |
| Total Portfolio (USD) | USD 3,018,867.93 |
| Active clients with loans | 8,670 |
| Approximate % female clients | 60% - 80% |
| Approximate % urban clients | 60% - 80% |
| Network affiliations | Opportunity International, TAMFI |
| Funders | Opportunity International |
| Institution Type | Non Bank Financial Institution |
| Is this institution regulated? | Yes |
| Website address | http://www.crediblemicrofinance.com/ |
| Year established | 2008 |
| Head of Institution | Mr. Khirod Chandra Malick |
| Regions active | |
| # Branches | 21 |
| Total Portfolio (nat'l) | INR 88,485,639 |
| Total Portfolio (USD) | USD 1,669,540.36 |
| Active clients with loans | 10,093 |
| Approximate % female clients | 80% - 100% |
| Approximate % urban clients | 20% - 40% |
| Network affiliations |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mkopo Pamoja - Trust Group Loan | TZS 100,000 - 1,500,000 | 4 - 9 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Other Training | |||||||
| Mkopo Vuka - Solidarity Group Loan | TZS 250,000 - 7,500,000 | 6 - 12 | 60% - 80% | 60% - 80% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Other Training |
| Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agri-allied | INR 2,500 - 20,000 | 8 - 15 | 80% - 100% | 0% - 20% | Business, Housing | Women | Group Mtgs | |||||||
| Income Generation Activities | INR 5,000 - 30,000 | 8 - 18 | 80% - 100% | 40% - 60% | Business, Housing | Women, Have business | Credit Educ, Group Mtgs |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mkopo Pamoja - Trust Group Loan | 36.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 68.4% - 73.3% | 86.1% - 92.1% | 40 | ||||||||
| Mkopo Vuka - Solidarity Group Loan | 30.00% annual, Flat | 1 Fee | 1 Ins | None | 10.00% upfront | 52.9% - 59% | 66.1% - 75.7% | 41 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agri-allied | 0% | 24.2% - 25.1% | 24.2% - 25.1% | N/A | ||||||||||
| Income Generation Activities | 0% | 23.6% - 24.2% | 23.6% - 24.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agri-allied | 20.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 24.2% - 25.1% | 24.2% - 25.1% | 80 | ||||||||
| Income Generation Activities | 20.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 23.6% - 24.2% | 23.6% - 24.2% | 83 |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mkopo Pamoja - Trust Group Loan | 36.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% upfront | 68.4% - 73.3% | 86.1% - 92.1% | 40 | ||||||||
| Mkopo Vuka - Solidarity Group Loan | 30.00% annual, Flat | 1 Fee | 1 Ins Ins | None | 10.00% upfront | 52.9% - 59% | 66.1% - 75.7% | 41 |
| Product Name | APR (int) | MFIN MFI Earning (Annualised) | MFIN Cost to Borrower (Annualised) | COMPLIANCE WITH RBI GUIDELINES ON INTEREST METHOD | COMPLIANCE WITH RBI GUIDELINES ON PROCESSING FEES | COMPLIANCE WITH RBI GUIDELINES ON INSURANCE PREMIUM | MFIN Transparency Index | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agri-allied | 0% | 24.2% - 25.1% | 24.2% - 25.1% | N/A | ||||||||||
| Income Generation Activities | 0% | 23.6% - 24.2% | 23.6% - 24.2% | N/A |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Agri-allied | 20.0% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 24.2% - 25.1% | 24.2% - 25.1% | 80 | ||||||||
| Income Generation Activities | 20.0% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 23.6% - 24.2% | 23.6% - 24.2% | 83 |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
|---|---|---|---|---|---|---|---|
| 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 | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
