MuCoBa's future growth
MuCoBa aims at improving its growth in order to expand outreach and serve more community members. In order to implement this target MuCoBa will do the following among other things:
- Provide good working environment to its staff through provision of reliable working facilities, training and other forms of incentives.
- Collaborate with other stakeholders who are supporting the target group (small and medium entrepreneurs) for example, SACCOS, NGOs and the government
- Increase efforts in having adequate finance through savings and share mobilization and approaching institutions that can provide fund to meet demand of investments, mainly being credit facilities to the target group. In share mobilization, the bank has already started to invite new shareholders in order to widen ownership among different community members on one hand and increase share capital on the other hand.
- Perform research on bank products in order to improve the existing products and establish new products that meet the demand of clients.
MuCoBa's future growth in figures
In improving growth MuCoBa intends to grow as follows over the period of five years (2009 -2013):
- Deposits to grow by 200% from Tshs 3 billion in 2008 to 9 billion in 2013.
- The Loan Portfolio to grow by 172% from Tshs 2.5 billion in 2008 to Tshs 6.8 billion in 2013.
- The bank’s total assets to grow by 224% from Tshs 4.3 billion in 2008 to Tshs 13.95 billion by 2013.
- The profitability of the bank to grow by 267% from Tshs 187 million in 2008 to Tshs 687 million in 2013.
- The bank paid up share capital to increase by 273% from Tshs 201 million in 2008 to Tshs 750 million in 2013.
- Total number of clients to increase by 300% from 15,000 in 2008 to 60,000 in 2013.
MuCoBa Performance Projections
| Parameter | 2009 | 2010 | 2011 | 2012 | 2013 |
| No. of groups | 240 | 312 | 406 | 528 | 687 |
| No. of groups members | 4,800 | 6,240 | 8,120 | 10,560 | 13,740 |
| No. of SACCOS | 15 | 22 | 25 | 27 | 30 |
| No. of individual loans | 780 | 936 | 1,124 | 1,349 | 1,619 |
| Amount disbursed (Tshs) | 4.51 b | 6.17 b | 7.54 b | 9.36 b | 11.63 b |
| Gross Loans outstand. (Tshs) | 2.47 b | 3.46 b | 4.40 b | 5.50 b | 6.85 b |
| No. of Deposits accounts | 13,572 | 19,001 | 26,602 | 37,243 | 52,141 |
| Value of deposits (Tshs) | 3.39 b | 4.28 b | 5.32 b | 6.52 b | 9.12 b |
| Total Assets (Tshs) | 4.80 b | 6.37 b | 8.25b | 10.31b | 13.95b |
| Paid up share capital(Tshs) | 300m | 400m | 500m | 600m | 750m |
| Profit Before Tax (Tshs) | 204.7m | 277.8m | 357.6 | 519.4m | 687.7m |
