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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: 107 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
AGFS20047,0002130
Ahantaman RB23,8009,896,0004112
APED13,7001,876,0002112
ASA Initiative4,400577,0004112
ASA-Ghana71,60018,385,0002112
ASPI80088,0006112
Atwima Kwanwoma3,8001,788,0002112
Baobab5,100967,0002112
BestFUND13,0004,172,0003112
Bonzali Rural10,4001,691,0004130
CashPhase83135,0002112
CASUD1,100524,0001112
CEDEF50054,0004112
CFF10013,0001112
CRAN3,6001,019,0002112
DQF1,70063,0002112
EASL9,20011,409,0006112
East Mamprusi12,5002,268,0004112
ELDA000112
EMPRETEC Ghana20056,0002112
FASL13,50014,047,0008112
Grameen Ghana9,500507,0003112
ID-Ghana5,600953,0003112
Innovative Finance2,700354,0003112
Kraban Support7,700781,0005130
KRB4,0006,350,0003112
Lower Pra RB34,0006,316,0003130
Maata-N-Tudu12,000941,0004112
Mail Finance300288,0001112
Markaz000112
Markaz Al Bishara10017,0001112
MicrofinPlus Gh1,100251,0002112
Nwabiagya RB4,0002,265,0003112
OISL62,00027,232,0009112
Pro Credit000112
Rich Step100101,0001112
SAT147,60029,359,0004112
Sekam Trust600137,0002112
Simli Pong8,900463,0003130
SS Ghana20035,0001112
TCCU10032,0003112
The Bridge40032,0003130
Union RB3,8002,361,0004112
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Key Statistics
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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