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Institution

Youth Self Employment Foundation Head OfficeDar Es SalaamPO Box 74379
Data approved: 2011-12-18
Data version: 1
Age of data: 150 months

Product

Benkijamii Loan Product 1 of 3 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (TZS)TZS 230,346,486
Portfolio (USD)USD 144,872
Active Clients with Loans3,305
Approximate % Female Clients60% - 80%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Community based loan product for persons engaged in business enterprises
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visitsx
Business trainingx
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherBelong to the community enjoying the services
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyTZS
Minimum loan sizeTZS 50,000
Maximum loan size1,500,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term12.0 months
Approx average6.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest24.00%
Highest quoted nominal interest29.00%
Reason(s) why interest rate variesClient Risk
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionProcessing Fee
% of loan amount - min0.50%
% of loan amount - max0.50%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?
Deposit BEFORE or AT Disbursement
% loan amount deposited25.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositEnd Term
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Benkijamii Loan samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountTZS 100,000TZS 250,000TZS 500,000TZS 1,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2011-01-022011-07-072011-02-062011-02-04
Loan Term (Months)3.3 months3.3 months6.1 months9.3 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot Known
True Price by Comp       
Interest and Fee Component46.0%45.1%54.3%49.8%
Insurance Component7.0%6.8%4.5%2.9%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component39.3%37.9%47.6%39.2%
Full APR (int fee ins tax dep)92.3%89.8%106.4%91.8%
Transparency Index26272326
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF
Benkijamii Loan Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
Action000133
Adok Timo4,200570,0004165
BIMAS11,1004,679,0007133
ECLOF Kenya20,5005,455,0008133
Equity Bank135,50094,746,0009133
Family Bank43,20090,700,0005165
Jamii Bora2,4003,374,0004133
Juhudi Kilimo10,4004,436,0002133
KADET12,9005,402,0004133
K-Rep000133
K-Rep Bank65,00028,743,0004165
KWFT DTM294,600165,982,0006133
LKL13,1009,311,00010126
MKL18,2005,989,0006110
Opportunity Kenya9,1004,866,0005133
PAWDEP40,9007,133,0002133
RAFODE2,900356,0001133
SISDO7,3003,657,00011133
Yehu14,0003,149,00011133
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
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