2. FINCA
Please note that the information you are viewing is 114 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA J. Jabbarli str. 44Baku, AzerbaijanAZ 1065
Data approved: 2014-10-10
Data version: 3
Age of data: 114 months
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Product

Solidarity Credit Group (USD) Product 1 of 12 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 194,380.77
Portfolio (USD)USD 194,380.77
Active Clients with Loans184
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
A loan for group borrowers living in urban areas and engaged in trade, services and production.
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 visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution8
# Regions for this product8
Regions ActiveAbsheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-Shirvan, Nakhichevan

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 50
Maximum loan size3,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50050%
USD 1,500-5,00050%
USD 5,000-10,0000
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term4.0 months
Longest loan term18.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months100%
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage10%
Average grace period6.0 months
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest29.00%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesLoan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionOrigination Fee
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forNever
CriteriaN/A
Is deposit indicated on the repayment schedule?N/A
Do borrowers control deposit in their group?N/A
Deposit BEFORE or AT Disbursement
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Solidarity Credit Group (USD) samples
Loan Amount
Type of Sample
Disbursement Date
Loan Term (Months)
Grace Period (Months)
Total Cost of Credit
Full APR (int fee ins tax dep)
True Price by Component
Transparency Index
Original Repayment Schedule
MFT Pricing Calculation
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
USD 50 Generated 2014-11-01 12.0 months N/A USD 9.46 33.6% 29.6% 4.0% 0.0% 0.0% 0.0% 86 - PDF
USD 900 Generated 2014-11-01 12.0 months N/A USD 170.31 33.6% 29.6% 4.0% 0.0% 0.0% 0.0% 86 - PDF
USD 1,500 Generated 2014-11-01 12.0 months N/A USD 292.68 34.6% 30.6% 4.0% 0.0% 0.0% 0.0% 84 - PDF
USD 3,000 Generated 2014-11-01 12.0 months N/A USD 603.06 35.5% 31.6% 3.9% 0.0% 0.0% 0.0% 82 - PDF
Solidarity Credit Group (USD) Price Graphs


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  2. Fortaleza
Please note that the information you are viewing is 124 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Banco Fortaleza Sociedad Anónima Av. Arce No, 2799 esq. CorderoLa Paz, Bolivia
Data approved: 2013-09-23
Data version: 2
Age of data: 124 months
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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.grupofortaleza.com.bo/
Year established2002
Head of InstitutionNelson Hinojosa Jimenez
Regions activeChuquisaca , Cochabamba , La Paz , Oruro , Santa Cruz, Tarija
# Branches7

Total Portfolio (nat'l)BOB 1,120,213,180
Total Portfolio (USD)USD 165,957,508.10
Active clients with loans21,147
Approximate % female clients20% - 40%
Approximate % urban clients60% - 80%
Network affiliationsASOFIN
Funders

Loan Products » Summary

Anticrédito
95 Borrowers
USD 499,392.15 Portfolio
Active Product
Dinero Hoy
2,823 Borrowers
USD 6,100,231.85 Portfolio
Active Product
Linea
2,718 Borrowers
USD 14,907,731.41 Portfolio
Active Product
Tasa 0
2,690 Borrowers
USD 16,320,515.11 Portfolio
Active Product
Expreso
196 Borrowers
USD 2,015,204.89 Portfolio
Active Product
Hipotecario
530 Borrowers
USD 11,239,311.26 Portfolio
Active Product
Vehículo
151 Borrowers
USD 2,703,121.78 Portfolio
Active Product
Consumo
2,546 Borrowers
USD 14,443,357.93 Portfolio
Active Product
Operaciones
3,990 Borrowers
USD 32,908,317.33 Portfolio
Active Product
Inversión
4,344 Borrowers
USD 63,268,850.07 Portfolio
Active Product
Auto Hoy
42 Borrowers
USD 113,868 Portfolio
Low Volume Product
Fortaleza
1 Borrowers
USD 798.07 Portfolio
Low Volume Product
Mejoras
5 Borrowers
USD 10,081.63 Portfolio
Low Volume Product
Note: MFTransparency presents full data for active products with over 50 borrowers. Basic data is shown for lower volume products

Loan Products » Conditions

Product Name Loan Size Range Loan Term (months) % Female % Urban Loan Purpose Eligibility Other Services
Anticrédito Hoy BOB 15,000 - 140,000 25 - 62 40% - 60% 60% - 80% Business, Activo Fijo Women, Men, Have business, Salaried worker Credit Ins
Dinero Hoy BOB 15,000 - 30,000 6 - 50 40% - 60% 60% - 80% Any Purpose Women, Men, Have business, Salaried worker Credit Ins
Linea de Credito Optima BOB 14,000 - 140,000 27 - 118 20% - 40% 60% - 80% Any Purpose Women, Men, Have business, Salaried worker Credit Ins
Crédito Tasa 0 BOB 1,440 - 35,000 24 - 61 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito Capital Expreso BOB 70,000 - 350,000 5 - 69 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito Hipotecario de Vivienda BOB 70,000 - 14,000,000 24 - 305 0% - 20% 60% - 80% Vivienda Women, Men, Have business, Salaried worker Credit Ins
Crédito Vehículo Nuevo BOB 40,000 - 700,000 49 - 98 20% - 40% 60% - 80% Uso particular compra vehiculo nuevo Women, Men, Salaried worker Credit Ins
Crédito de Consumo BOB 16,000 - 600,000 1 - 152 20% - 40% 60% - 80% Any Purpose Women, Men, Salaried worker Credit Ins
Crédito para Capital de Operaciones BOB 16,000 - 350,000 3 - 119 40% - 60% 60% - 80% Business Women, Men, Have business Credit Ins
Crédito para Capital de Inversión BOB 16,000 - 350,000 3 - 244 20% - 40% 60% - 80% Business Women, Men, Have business Credit Ins

Loan Products » Pricing Information

Product Name Annual Nominal Interest Fees Insurance Taxes Compulsory Deposit APR (int+fee) Full APR Transparency Index
Anticrédito Hoy 20.0% annual, Decl Bal 0 Fees 1 Ins None N/A 20.1% 21% 96
Dinero Hoy 22.0% annual, Decl Bal 0 Fees 1 Ins None N/A 22.1% 22.9% 96
Linea de Credito Optima 21.6% annual, Decl Bal 0 Fees 1 Ins None N/A 21.7% 22.5% 96
Crédito Tasa 0 19.0% annual, Decl Bal 0 Fees 1 Ins None N/A 19.1% 20% 95
Crédito Capital Expreso 15.5% annual, Decl Bal 0 Fees 1 Ins None N/A 15.2% - 17.9% 16% - 20% 59
Crédito Hipotecario de Vivienda 11.0%-18.5% annual, Decl Bal 0 Fees 1 Ins None N/A 15.3% - 18.6% 16.4% - 19.5% 43
Crédito Vehículo Nuevo 12.0% annual, Decl Bal 0 Fees 1 Ins None N/A 12.1% 13% 62
Crédito de Consumo 17.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 17.1% - 27.6% 18% - 28.4% 100
Crédito para Capital de Operaciones 18.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 18.6% - 27.6% 19.5% - 28.4% 100
Crédito para Capital de Inversión 18.0%-27.5% annual, Decl Bal 0 Fees 1 Ins None N/A 18.1% - 27.6% 19% - 27.8% 100
Institution Price Graph
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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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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