Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.viator-az.com |
Year established | 1998 |
Head of Institution | Abraham Vencent Asgapo |
Regions active | Ganja-Qazakh, Shaki-Zaqatala |
# Branches | 6 |
Total Portfolio (nat'l) | AZN 15,994,615 |
Total Portfolio (USD) | USD 20,505,916.67 |
Active clients with loans | 19,567 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 40% - 60% |
Network affiliations | AMFA (Azerbaijan MicroFinance Assosiation), MIX Market, MFC (Microfinance Center) |
Funders | Incofin Investment Management, Grameen Credit Agricole Foundation, ConCap, Symbiotics |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | AZN 300 - 6,000 | 3 - 18 | 20% - 40% | 40% - 60% | Agriculture | Women, Men, Have business | Business Training, Other Training | |||||||
Micro-Business Loan | AZN 300 - 3,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Small Enterprise Loan | AZN 3,000 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Social Business Loan | AZN 3,000 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Agricultural Loan USD | USD 400 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Agriculture | Women, Men, Have business | Business Training, Other Training | |||||||
Micro-Business Loan USD | USD 400 - 4,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Small Enterprise Loan USD | USD 4,000 - 10,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Social Business Loan USD | USD 4,000 - 10,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.7% - 34.4% | 35.3% - 36.4% | 80 | ||||||||
Micro-Business Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 34.5% - 34.6% | 36.5% - 36.6% | 79 | ||||||||
Small Enterprise Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 0% | 0% | N/A | ||||||||
Social Business Loan | 28.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 31.1% | 32.5% | 89 | ||||||||
Agricultural Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.4% | 34.9% | 83 | ||||||||
Micro-Business Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.5% - 34.7% | 34.9% - 36.7% | 80 | ||||||||
Small Enterprise Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 32.6% | 34% | 85 | ||||||||
Social Business Loan USD | 28.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 31.1% | 32.5% | 89 |
Outstanding portfolio (KHR) | KHR 23,394,280,800 |
Portfolio (USD) | USD 5,922,602.73 |
Active Clients with Loans | 15,264 |
Approximate % Female Clients | 40% - 60% |
Approximate % Urban Clients | 60% - 80% |
Individual | x |
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 | x |
Men | x |
Women | x |
Must run a business | x |
Must own a home or land | x |
Must be a salaried worker | |
Must be specific age group | |
Other | |
Other (2) |
# Regions for this institution | 22 |
# Regions for this product | 22 |
Regions Active | Banteay Meanchey, Battambang, Kampong Cham, Kampong Chhnang, Kampong Speu, Kampong Thom, Kampot, Kandal, Koh KongKratié, Oddar Meancheay, Pailin, Phnom Penh, Sihanoukville, Preah Vihear, Pursat, Prey Veng, RatanakiriSiem Reap, Stung Treng, Svay Rieng, Takéo |
Currency | KHR |
Minimum loan size | KHR 200,000 |
Maximum loan size | 20,000,000 |
Loans less than KHR 1,000,000 | 0 |
KHR 1,000,000-3,500,000 | 30% |
KHR 3,500,000-6,000,000 | 30% |
KHR 6,000,000-8,000,000 | 15% |
KHR 8,000,000-10,000,000 | 10% |
Greater than KHR 10,000,000 | 10% |
Shortest loan term | 1.0 month |
Longest loan term | 30.0 months |
Approx average | 15.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 5% |
Between 7 and 9 months | 5% |
Between 10 and 12 months | 90% |
Between 13 and 18 months | 0 |
Longer than 18 months | 0 |
Grace period usage | 0 |
Average grace period | 0 |
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 |
Lowest quoted nominal interest | 2.30% |
Highest quoted nominal interest | 3.50% |
Reason(s) why interest rate varies | Time as Client, Loan Size, Client Risk, Loan Purpose |
Interest rate period | Monthly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Upfront fee |
% of loan amount - min | 0.20% |
% of loan amount - max | 0.20% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | Fee charged are based on loan size. |
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 |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | Sample 5 | Sample 6 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Loan Amount | KHR 300,000 | KHR 600,000 | KHR 1,200,000 | KHR 2,500,000 | KHR 7,200,000 | KHR 12,000,000 | |||||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | Not Known | Not Known | |||||
Disbursement Date | 2013-03-21 | 2013-01-22 | 2013-01-02 | 2013-02-12 | 2013-03-20 | 2013-01-16 | |||||
Loan Term (Months) | 11.0 months | 12.0 months | 10.0 months | 12.0 months | 25.0 months | 24.0 months | |||||
Grace Period (Months) | 0.6 months | -0.2 months | 0.0 months | -0.1 months | 0.5 months | 0.0 months | |||||
Total Cost of Credit | KHR 52,000 | KHR 96,000 | KHR 168,900 | KHR 414,800 | KHR 2,384,500 | KHR 3,813,200 | |||||
True Price by Comp | |||||||||||
Interest price component | 33.1% | 30.1% | 30.1% | 30.0% | 30.0% | 30.1% | |||||
Fee Component | 0.4% | 0.4% | 0.4% | 0.4% | 0.3% | 0.2% | |||||
Insurance Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |||||
Full APR (int fee ins tax dep) | 33.5% | 30.5% | 30.5% | 30.4% | 30.3% | 30.3% | |||||
Transparency Index | 82 | 91 | 90 | 91 | 91 | 91 | |||||
Original Repayment Schedule | |||||||||||
MFT Pricing Calculation |
Key Statistics | |
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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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