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Institution

Viator Microcredit Azerbaijan LLC N.Narimanov str., 207, Ganja, AzerbaijanGanjaAZ2000
Data approved: 1900-01-00
Data version: 1
Age of data: 66 months

Product

Agricultural Loan USD Product 5 of 8 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 567,274
Portfolio (USD)USD 567,274
Active Clients with Loans272
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
This product includes all kinds of agricultural business activities, such as animal husbandry, planting, bee-keeping, cattle-breeding, poultry farming.
Loan Purpose
Any purpose
Income generation
Mortgage/housing
Consumer loan
Agriculturex
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business trainingx
Other trainingx
Other
Other (2)
No other services
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 institution2
# Regions for this product2
Regions ActiveGanja-Qazakh, Shaki-Zaqatala

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 400
Maximum loan size8,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50030%
USD 1,500-5,00050%
USD 5,000-10,00020%
USD 10,000-15,0000
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average11.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months15%
Between 7 and 9 months15%
Between 10 and 12 months50%
Between 13 and 18 months20%
Longer than 18 months0
Grace Period
Grace period usage100%
Average grace period4.0 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 interest2.40%
Highest quoted nominal interest2.90%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission fee
% of loan amount - min2.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionInsurance Fee
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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
Additional Comments
Viator provides Agricultural Loan soft (USD) with interest rate 2.4% only for clients who are in the 10th cycle and for the clients who have finished 2 business courses training of the FINLED (Financial Literacy and Education) program provided by Viator HRDP Department. For those clients who avail loan less than 2,000 USD Viator shoulders the Credit Bureau fee of 1 AZN.

Full Pricing Data

Agricultural Loan USD samples
Sample 1
Loan AmountUSD 2,600
Loan Cycle (1, 2, 3, etc)Not Known
Disbursement Date2014-05-16
Loan Term (Months)18.0 months
Grace Period (Months)0
Total Cost of CreditUSD 766.75
True Price by Comp 
Interest price component30.7%
Fee Component2.7%
Insurance Component1.5%
Tax Component0
Deposit Component0
Full APR (int fee ins tax dep)34.9%
Transparency Index83
  
Original Repayment SchedulePDF
MFT Pricing CalculationPDF
Agricultural Loan USD Price Graphs


Institution # Borrowers Portfolio (US$) Products Age of Data
KBL468,300120,082,0001660
KF233,60041,416,000458
NRSP399,90070,157,000360
ASA230,40029,637,000360
TMFB221,20085,449,000760
FMFB163,54438,481,323978
TRDP100,00013,817,000360
PRSP75,6569,907,176378
BRAC^P57,30011,869,000360
SRSO51,1007,775,000360
SSF46,0004,776,000360
FINCA82,00043,559,000960
JWS36,0006,545,000260
RCDS35,5524,856,122478
DAMEN35,1857,150,864178
FFO22,4003,335,000360
OLP21,4003,510,000360
CSC17,6003,147,000160
AMRDO13,8001,206,000560
WMBL13,8006,105,000360
Mojaz13,4002,415,000260
SDF11,5001,041,000460
POMFB8,5002,795,000460
OPD7,500918,000260
AGAHE7,300797,000260
NRDP6,1841,521,972378
GBTI6,100669,000378
WASIL4,3001,135,000260
Micro Options4,000768,000560
VDO3,900489,000378
SVDP3,900811,0001378
SRDO3,500766,000460
OSDI2,000923,000360
APMBL1,8001,401,000360
BEDF1,400209,000378
KCDO80094,000178
Caps / Zoom options
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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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