Number borrowers | 635 |
Loan Amount (range) | TZS 250,000 - 7,500,000 |
Loan Term (range) | 6 - 12 |
Other Services (text summary) | |
Annual Interest & Method | 24.00%-0.00% annual, Flat |
Fees | |
Insurance | |
Tax | |
Comp Dep | |
Range of pricing | |
Interest Price Component | N/A |
Fee Component | 37.3% - 46.5% (Int+Fee) |
Insurance Component | 2.7% - 4.0% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 72.3% - 99.6% |
Transparency Index (min/max) | 24 - 36 |
Transparency Index (average) | 29 |
1,565 |
USD 1,000 - 50,000 |
24 - 96 |
Credit Educ, Credit Ins, Tech Asst Visits |
13.0%-15.0% annual, Decl Bal |
1.00% upfront 6.00% ongoing |
None |
3.00 fixed |
10.00 upfront |
N/A |
13.9% - 15.9% (Int+Fee) |
0 - 0.8% |
0.3% - 6.6% |
14.4% - 22.5% |
58 - 92 |
75 |
Outstanding portfolio (TZS) | TZS 490,000,000 |
Portfolio (USD) | USD 326,667 |
Active Clients with Loans | 635 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | x |
Workplace visits | |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (USD) | USD 19,300,714 |
Portfolio (USD) | USD 19,300,714 |
Active Clients with Loans | 1,565 |
Approximate % Female Clients | 0% - 20% |
Approximate % Urban Clients | 80% - 100% |
Individual | x |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | x |
Income generation | |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | x |
Group meetings | |
Credit insurance | x |
Workplace visits | x |
Business training | |
Other training | |
Other | |
Other (2) | |
No other services |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | x |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | N/A |
# Regions for this product | N/A |
Regions Active |
Currency | TZS |
Minimum loan size | TZS 250,000 |
Maximum loan size | 7,500,000 |
Shortest loan term | 6.0 months |
Longest loan term | 12.0 months |
Approx average | 6.5 months |
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 usage | 100% |
Average grace period | 0.7 months |
Daily | |
Weekly | |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | USD |
Minimum loan size | USD 1,000 |
Maximum loan size | 50,000 |
Shortest loan term | 24.0 months |
Longest loan term | 96.0 months |
Approx average | 0 |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 2.00% |
Highest quoted nominal interest | 2.00% |
Interest rate period | Monthly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | N/A |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Loan Processing Fee |
% of loan amount - min | 1.50% |
% of loan amount - max | 1.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Credit Life, Funeral, Property |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 20.00% - N/A |
or, Fixed-amount deposited | 0 - N/A |
% loan amount deposited | 0 - N/A |
or, Fixed-amount deposited | 0 - N/A |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 0 |
Maximum interest rate paid | 0 |
Interest payment frequency | N/A |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 13.00% |
Highest quoted nominal interest | 15.00% |
Reason(s) why interest rate varies | Loan Size, Collateral |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | SEGURO CONTRA INCENDIO |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | No |
Fee 1 | |
---|---|
Description | SEGURO DE VIDA |
% of loan amount - min | 6.00% |
% of loan amount - max | 6.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | |
Do borrowers control deposit in their group? |
% loan amount deposited | 0 |
or, Fixed-amount deposited | USD 10 |
% loan amount deposited | 0 |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | End Term |
Minimum interest rate paid | 1.00% |
Maximum interest rate paid | 0 |
Interest payment frequency | Monthly |
Are taxes charged on this product? | Yes |
Percentage of fees | 0 |
All or some fees taxed | N/A |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | TZS 250,000 | TZS 500,000 | TZS 1,000,000 | TZS 2,000,000 | TZS 3,000,000 | TZS 4,500,000 | |||||
Loan Cycle (1, 2, 3, etc) | 1 | Not Known | 4 | 4 | 4 | 4 | |||||
Disbursement Date | 2013-02-19 | 2013-02-12 | 2012-11-30 | 2012-11-30 | 2012-11-30 | 2013-01-21 | |||||
Loan Term (Months) | 6.1 months | 6.1 months | 6.1 months | 8.4 months | 7.9 months | 6.1 months | |||||
Grace Period (Months) | 0.0 months | 0.0 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 | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 45.8% | 37.6% | 46.5% | 45.6% | 45.5% | 37.3% | |||||
Insurance Component | 3.8% | 3.2% | 3.7% | 2.9% | 2.9% | 3.2% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 24.0% | 58.8% | 24.9% | 23.9% | 23.9% | 57.2% | |||||
Full APR (int fee ins tax dep) | 73.5% | 99.6% | 75.2% | 72.4% | 72.3% | 97.7% | |||||
Transparency Index | 33 | 24 | 32 | 33 | 33 | 25 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | USD 1,000 | USD 2,000 | USD 3,000 | USD 8,000 | USD 12,000 | USD 17,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2010-09-21 | 2010-09-21 | 2010-09-21 | 2010-09-21 | 2010-09-21 | 2010-09-20 | |||||
Loan Term (Months) | 24.0 months | 36.0 months | 36.0 months | 60.0 months | 84.0 months | 36.0 months | |||||
Grace Period (Months) | 0.0 months | 0.0 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 | Not Known | Not Known | |||||
True Price by Comp | |||||||||||
Interest and Fee Component | 15.9% | 15.9% | 15.9% | 14.9% | 13.9% | 15.9% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 6.2% | 3.0% | 2.0% | 0.7% | 0.5% | 0.4% | |||||
Deposit Component | 0.4% | 0.2% | 0.1% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 22.5% | 19.1% | 18.0% | 15.7% | 14.4% | 16.3% | |||||
Transparency Index | 58 | 68 | 72 | 83 | 90 | 80 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Key Statistics | |
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# 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 |
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