Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | n/a |
Year established | 2008 |
Head of Institution | Amadu Montia |
Regions active | Northern Region |
# Branches | 2 |
Total Portfolio (nat'l) | GHS 1,905,561.29 |
Total Portfolio (USD) | USD 967,289.99 |
Active clients with loans | 5,143 |
Approximate % female clients | 80% - 100% |
Approximate % urban clients | 80% - 100% |
Network affiliations | GHAMFIN, GCSCA |
Funders | MiDA |
Institution Type | Private 'For-Profit' |
Is this institution regulated? | N/A |
Website address | http://www.parabank.az/ |
Year established | 1991 |
Head of Institution | Vali Guliyev |
Regions active | 0 |
# Branches | 16 |
Total Portfolio (nat'l) | AZN 64,721,000 |
Total Portfolio (USD) | USD 80,901,250 |
Active clients with loans | 7,573 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 60% - 80% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Support Loan | GHS 1,000 - 30,000 | 1 - 3 | 0% - 20% | 80% - 100% | Business | Women, Men, Have business, Have home or land | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Group Loan | GHS 100 - 1,000 | 4 | 80% - 100% | 80% - 100% | Business | Women, Have business, Must be a group member and must have lived in the community for at least one year, Must have group guarantee | Credit Educ, Group Mtgs, Health and nutrition training, Clean up exercises (sanitation) |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Loans | AZN 1,000 - 20,000 | 3 - 24 | 20% - 40% | 0% - 20% | Any Purpose | Women, Men, Have home or land, Salaried worker | Credit Educ, Credit Ins | |||||||
Group Loans | AZN 500 - 2,000 | 3 - 18 | 20% - 40% | 60% - 80% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins | |||||||
Micro Loans | AZN 1,000 - 20,000 | 6 - 18 | 20% - 40% | 20% - 40% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins | |||||||
AZN 20,000 - 200,000 | 6 - 36 | 0% - 20% | 20% - 40% | Business, Housing | Women, Men, Have business, Have home or land, Specific age group | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 31.9% - 42.1% | 31.9% - 42.1% | 69 | ||||||||
Group Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 41.7% - 43% | 41.7% - 43% | 56 | ||||||||
Micro Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins | None | N/A | 30.8% - 40.3% | 30.8% - 40.3% | 69 | ||||||||
18.0%-30.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 29.8% | 29.8% | 60 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Business Support Loan | 60.00% annual, Flat | 1 Fee | 0 Ins Ins | None | 10.00% upfront | 86.3% - 107.6% | 101.7% - 126.1% | 52 | ||||||||
Group Loan | 36.00% annual, Flat | 0 Fees | 0 Ins Ins | None | 10.00% upfront | 63.1% | 75.6% | 47 |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 31.9% - 42.1% | 31.9% - 42.1% | 69 | ||||||||
Group Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 41.7% - 43% | 41.7% - 43% | 56 | ||||||||
Micro Loans | 24.0%-36.0% annual, Decl Bal | 2 Fees | 0 Ins Ins | None | N/A | 30.8% - 40.3% | 30.8% - 40.3% | 69 | ||||||||
18.0%-30.0% annual, Decl Bal | 1 Fee | 0 Ins Ins | None | N/A | 29.8% | 29.8% | 60 |
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