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Institution

Akiba Commercial Bank Plc PO Box 669Amani Place Building, Ohio StreetDar es Salaam255
Data approved: 2013-08-28
Data version: 1
Age of data: 105 months

Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.acbtz.com
Year established1997
Head of InstitutionJohn Lwande
Regions activeArusha, Dar es Salaam, Dodoma, Kilimanjaro
# Branches16

Total Portfolio (nat'l)TZS 63,080,526,795
Total Portfolio (USD)USD 39,673,287.29
Active clients with loans27,490
Approximate % female clients40% - 60%
Approximate % urban clients100%
Network affiliationsTanzania Association For Microfinance Institutions-TAMFI
FundersACCION International, SIDI, Stichting Hivos-Triodos Fonds, INCOFIN CVSO, Parastatal Pension Funds (PPF)

Loan Products » Summary

13,606 Borrowers
USD 29,226,615.07 Portfolio
Active Product
10,387 Borrowers
USD 3,091,807.91 Portfolio
Active Product
2,755 Borrowers
USD 4,096,010.96 Portfolio
Active Product
247 Borrowers
USD 438,094.50 Portfolio
Active Product

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Biashara Loans ( Individual) TZS 500,000 - 50,000,000 3 - 24 40% - 60% 40% - 60% Business Women, Men, Have business, Specific age group Credit Ins
Solidarity Group Loans TZS 200,000 - 3,000,000 3 - 12 60% - 80% 100% Business Women, Men, Have business, Specific age group Credit Educ, Group Mtgs, Credit Ins
Consumer Loans TZS 100,000 - 35,000,000 6 - 36 20% - 40% 100% Any Purpose Women, Men, Salaried worker, Specific age group Credit Ins
Home Improvement Loans TZS 500,000 - 20,000,000 3 - 12 40% - 60% 100% For house renovation purpose Women, Men, Have business, Have home or land, Specific age group Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Biashara Loans ( Individual) 20.0%-22.0% annual, Flat 2 Fees 1 Ins None N/A 40.1% - 46.7% 42% - 50.4% 45
Solidarity Group Loans 27.0% annual, Flat 1 Fee 1 Ins None 20.0% upfront 47.2% - 47.6% 72% - 74.5% 36
Consumer Loans 18.0% annual, Flat 1 Fee 1 Ins None N/A 30.9% - 44.7% 32.2% - 57.5% 48
Home Improvement Loans 19.5% annual, Flat 2 Fees 1 Ins None N/A 36% - 37.6% 38% - 39.6% 50
Institution Price Graph
Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001140
CEPESIU2,000939,0004140
COAC 4 Octubre2,2005,771,0002140
COAC Ambato1,30016,415,0002140
COAC FondVida2,5004,200,0004140
COAC LaBenefica2,5008,482,0006140
COAC MCCH5,30010,020,0002140
COAC Nacional30,70027,129,0002140
COAC San José10,40029,133,0005140
COAC SanAntonio1,0002,384,0003140
COAC SantaAnita2,0002,532,0006140
Codesarrollo14,40040,328,0007140
Coop San Miguel1,8004,754,0005137
CooP VPR7001,052,0004140
Cooprogreso7,90032,244,0004140
Credi Fe100,900380,039,0004140
D^Miro36,90027,692,0009133
DECOF2,200705,0002140
Espoir62,10021,036,0005140
FODEMI28,20012,924,0003140
Fundacion Alternativa4,3005,545,0002140
FUNDAMIC2,0001,468,0002140
INSOTEC7,0006,047,0004140
Luz del Valle6,40011,300,0003140
ProCredit43,800211,941,0002140
PS Ambato5,6002,771,0001140
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Key Statistics
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Loan Portfolio (USD)
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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