| Number borrowers | 1,728 |
| Loan Amount (range) | AZN 1,000 - 16,000 |
| Loan Term (range) | 3 - 24 |
| Other Services (text summary) | |
| Annual Interest & Method | 34.0%-38.0% annual, Decl Bal |
| Fees | 2.50% upfront |
| Insurance | None |
| Tax | None |
| Comp Dep | N/A |
| Range of pricing | |
| Interest Price Component | 21.8% - 38.4% |
| Fee Component | 1.5% - 7.1% |
| Insurance Component | 0 |
| Tax Component Range | 0 |
| Full APR (int fee ins tax dep) | 36.3% - 41.0% |
| Transparency Index (min/max) | 57 - 94 |
| Transparency Index (average) | 85 |
| 579 |
| USD 100 - 5,000 |
| 0 |
| 2.5%-3.0% annual, Decl Bal |
| None |
| None |
| None |
| 3.0% upfront |
| #N/A |
| N/A |
| Outstanding portfolio (AZN) | AZN 3,887,585 |
| Portfolio (USD) | USD 4,984,083.33 |
| Active Clients with Loans | 1,728 |
| Approximate % Female Clients | 0% - 20% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | x |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | x |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services | x |
| Men | x |
| Women | x |
| Must run a business | x |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | 8 |
| # Regions for this product | 8 |
| Regions Active | Absheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-Shirvan, Nakhichevan |
| Outstanding portfolio (USD) | USD 459,879 |
| Portfolio (USD) | USD 459,879 |
| Active Clients with Loans | 579 |
| Approximate % Female Clients | 40% - 60% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | x |
| Income generation | |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | |
| Other (2) |
| Credit education | |
| Group meetings | |
| Credit insurance | |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | |
| Women | |
| Must run a business | |
| Must own a home or land | |
| Must be a salaried worker | |
| Must be specific age group | |
| Other | |
| Other (2) |
| # Regions for this institution | N/A |
| # Regions for this product | N/A |
| Regions Active |
| Currency | AZN |
| Minimum loan size | AZN 1,000 |
| Maximum loan size | 16,000 |
| Loans less than AZN 1,000 | 15% |
| AZN 1,000-5,000 | 80% |
| AZN 5,000-8,000 | 5% |
| AZN 8,000-11,000 | 0 |
| AZN 11,000-14,000 | 0 |
| Greater than AZN 14,000 | 0 |
| Shortest loan term | 3.0 months |
| Longest loan term | 24.0 months |
| Approx average | 18.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 30% |
| Between 13 and 18 months | 30% |
| Longer than 18 months | 40% |
| Grace period usage | 10% |
| Average grace period | 9.0 months |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | x |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Currency | USD |
| Minimum loan size | USD 100 |
| Maximum loan size | 5,000 |
| Shortest loan term | 0 |
| Longest loan term | 0 |
| Approx average | 0 |
| Loans 3 months or less | N/A |
| Between 4 and 6 months | N/A |
| Between 7 and 9 months | N/A |
| Between 10 and 12 months | N/A |
| Between 13 and 18 months | N/A |
| Longer than 18 months | N/A |
| Grace period usage | 0 |
| Average grace period | 0 |
| Daily | |
| Weekly | |
| Every 2 weeks | |
| Every 4 weeks | |
| Monthly | |
| Every 2 months | |
| Quarterly | |
| Every 6 months | |
| Every 12 months | |
| Single end payment | |
| Irregular payments |
| Lowest quoted nominal interest | 34.00% |
| Highest quoted nominal interest | 38.00% |
| Reason(s) why interest rate varies | Loan Size |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | No |
| Is rate fixed for entire loan term | Yes |
| Fee 1 | |
|---|---|
| Description | Commission Fee |
| % of loan amount - min | 2.50% |
| % of loan amount - max | 2.50% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | N/A |
| Appears on Repayment Sched? | No |
| Required for | Never |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | N/A |
| Do borrowers control deposit in their group? | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| % loan amount deposited | N/A |
| or, Fixed-amount deposited | N/A |
| Conditions on access to deposit | N/A |
| Minimum interest rate paid | N/A |
| Maximum interest rate paid | N/A |
| Interest payment frequency | N/A |
| Are taxes charged on this product? | No |
| Lowest quoted nominal interest | 2.50% |
| Highest quoted nominal interest | 3.00% |
| Interest rate period | Yearly |
| Interest Rate Calculation Method | Decl Bal |
| Subsidized by funder request? | N/A |
| Is rate fixed for entire loan term | N/A |
| Required for | All |
| Criteria | N/A |
| Is deposit indicated on the repayment schedule? | |
| Do borrowers control deposit in their group? | Yes |
| % loan amount deposited | 3.00% - N/A |
| or, Fixed-amount deposited | 0 - N/A |
| % loan amount deposited | 0 - N/A |
| or, Fixed-amount deposited | 0 - N/A |
| Conditions on access to deposit | Final Pmt |
| Minimum interest rate paid | 3.00% |
| Maximum interest rate paid | 3.00% |
| Interest payment frequency | Monthly |
| Are taxes charged on this product? | No |
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 |
||||||||||
| AZN 850 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 195.32 | 40.5% | 35.5% | 5.0% | 0.0% | 0.0% | 0.0% | 84 | - | |
| AZN 1,000 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 232.77 | 41.0% | 36.0% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
| AZN 1,500 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 349.16 | 41.0% | 36.0% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
| AZN 2,000 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 464.35 | 40.9% | 35.9% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
| AZN 2,400 | Generated | 2014-11-01 | 18.0 months | N/A | AZN 821.33 | 40.0% | 36.5% | 3.5% | 0.0% | 0.0% | 0.0% | 85 | - | |
| AZN 2,760 | Generated | 2014-11-01 | 24.0 months | N/A | AZN 1,148.58 | 36.3% | 33.5% | 2.8% | 0.0% | 0.0% | 0.0% | 94 | - | |
| 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 |
| Country | InstAbbrev | SampleCode | Loan Amount USD | Loan Term (Months) | SampClients | FullAPR | DateApproved |
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