Dar Es Salaam, Tanz - SNHU Academic Archive - Southern New ...

87Diversity of issued loan s i s very high, buildin g consumin g more tha n thre e quarter s(77.74%) o f KK tota l loa n portfolio. Management ha s neve r take n an y initiativ e toreduce the disparity of such gap. Business and agriculture, which were expected to leadother components, together accounted for 2.45%.For yea r 2004 , dat a availabl e (u p t o 30 th Novembe r 2004) show s tha t 7,42 1 loan samounting to Tshs. 3,432,162,903/= hav e been issued to members. Out of 7,421 loansapplied for, emergence loans were 6,270 (DSM 3347 and Branches 2939) accounting for84.49% of all loan s applications. Value of the sam e loan s was Tshs. 1,683,150,194/ =(DSM Tshs.906,570,194/= and branches Tshs.776,580,000/=) or 49.04% of Total loanspaid. Application for planned loans were 1151 only or 15.59% but with a value of Tshs.1,685,110,809/=, accountin g fo r 49.25% , whil e educatio n loan s pai d directl y t oschools/colleges were 147 with a value of 63,901,900/=, accounting for 1.86%.Table 16: Analysis of Planned loans from January to November 2004(TSHS)NO. OF APPLICATION LOANS PAID PERCENTTYPE OF LOAN MEN WOMEN TOTAL MEN WOMEN TOTALAGE (% )BUILDING 421 263 684 726,650,000 490,730,000 1,217,380,000 72.24EDUCATION 73 62 135 113,550,000 93,530,000 207,080,000 12.29AGRICULTURE 32 22 54 31,000,000 24,720,000 55,720,000 3.31MEDICAL 19 9 28 33,230,000 16,800,000 50,030,000 2.97BUSINESS 9 3 12 19,430,000 3,300,000 22,730,000 1.35OTHERS 54 21 75 95,170,809 37,000,000 132,170,809 7.84TOTAL 608 380 988 1,019,030,809 666,080,000 1,685,110,809 100Source: KK AGM held on 18 th December 2004Referring to above table, planned loans were 988 valuing Tshs. 1,685,110,809/= wher emen accounted for 61.5% of all planned loans in that category and women were 38.5%.