| Institution Type | Bank |
| Is this institution regulated? | Yes |
| Website address | http://www.accessbank.az/ |
| Year established | 2002 |
| Head of Institution | Andrew Pospielovsky |
| Regions active | |
| # Branches | 29 |
| Total Portfolio (nat'l) | AZN 354,789,718 |
| Total Portfolio (USD) | USD 454,858,612.80 |
| Active clients with loans | 115,542 |
| 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 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro standard loan (manat) | AZN 100 - 16,000 | 1 - 36 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business, Combined collateral, Regular stable income | ||||||||
| Micro standard loan (USD) | USD 100 - 20,000 | 1 - 36 | 20% - 40% | 60% - 80% | Business | Women, Men, Have business, Combined collateral, Regular stable income | ||||||||
| Micro Agricultural loan (manat) | AZN 100 - 16,000 | 1 - 36 | 0% - 20% | 0% - 20% | Business | Women, Men, Have business, Borrowers receiving income from agricultural business | ||||||||
| Micro agricultural loan (USD) | USD 100 - 20,000 | 1 - 36 | 0% - 20% | 0% - 20% | Business | Women, Men, Have business, Borrowers receiving income from agricultural business |
| Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Micro standard loan (manat) | 27.0%-36.0% annual, Decl Bal | 0 Fees | 0 Ins | None | N/A | 35.2% - 37.2% | 35.2% - 37.2% | 74 | ||||||||
| Micro standard loan (USD) | 27.0%-33.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 33.5% | 33.5% | 81 | ||||||||
| Micro Agricultural loan (manat) | 27.0%-36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.0% upfront | 35.2% - 37.2% | 40.5% - 44.3% | 63 | ||||||||
| Micro agricultural loan (USD) | 27.0%-33.0% annual, Decl Bal | 1 Fee | 0 Ins | None | 10.0% upfront | 35.5% - 37.5% | 40.9% - 44.6% | 63 |
| Outstanding portfolio (PKR) | PKR 823,809,529 |
| Portfolio (USD) | USD 8,406,219.68 |
| Active Clients with Loans | 33,590 |
| Approximate % Female Clients | 20% - 40% |
| Approximate % Urban Clients | 0% - 20% |
| Individual | |
| Solidarity group | x |
| Village banking | |
| Self help group | |
| Other |
| Any purpose | |
| Income generation | x |
| Mortgage/housing | |
| Consumer loan | |
| Agriculture | |
| Education | |
| Other household finance | |
| Other | Small animal purchase, raring, fattening and productivity enhancement of large animals |
| Other (2) |
| Credit education | |
| Group meetings | x |
| Credit insurance | x |
| Workplace visits | |
| Business training | |
| Other training | |
| Other | |
| Other (2) | |
| No other services |
| Men | x |
| Women | x |
| 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 | 6 |
| # Regions for this product | 6 |
| Regions Active | Azad Kashmir, Balochistan, Gilgit-Baltistan, Khyber Pakhtunkwa, Punjab, Sindh |
| Currency | PKR |
| Minimum loan size | PKR 10,000 |
| Maximum loan size | 150,000 |
| Loans less than PKR 10,000 | 0 |
| PKR 10,000-25,000 | 80% |
| PKR 25,000-50,000 | 10% |
| PKR 50,000-75,000 | 5% |
| PKR 75,000-150,000 | 5% |
| Greater than PKR 150,000 | 5% |
| Shortest loan term | 3.0 months |
| Longest loan term | 12.0 months |
| Approx average | 12.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 100% |
| 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 | x |
| Irregular payments |
| Lowest quoted nominal interest | 26.00% |
| Highest quoted nominal interest | 38.40% |
| Reason(s) why interest rate varies | Branch, Loan Repayment Type (bullet & Installment) |
| 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 | Loan Processing Fee |
| % of loan amount - min | 0 |
| % of loan amount - max | 0 |
| OR, Fixed amount - min | 230 |
| Fixed amount - max | 980 |
| Reason for variation | Fee applies on different loan slabs. Insurance fee is part of processing fee |
| Appears on Repayment Sched? | Yes |
| 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? | Yes |
| Percentage of fees | 16% |
| All or some fees taxed | Some |
| Sample 1 | Sample 2 | Sample 3 | |||
|---|---|---|---|---|---|
| Loan Amount | PKR 30,000 | PKR 50,000 | PKR 70,000 | ||
| Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | ||
| Disbursement Date | 2013-08-23 | 2013-06-20 | 2013-09-30 | ||
| Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | ||
| Grace Period (Months) | 0.2 months | 0.0 months | 0.2 months | ||
| Total Cost of Credit | PKR 10,296 | PKR 11,719 | PKR 19,179 | ||
| True Price by Comp | |||||
| Interest price component | 32.0% | 37.8% | 26.0% | ||
| Fee Component | 2.7% | 2.4% | 1.8% | ||
| Insurance Component | 0.0% | 0.0% | 0.0% | ||
| Tax Component | 0.4% | 0.4% | 0.0% | ||
| Deposit Component | 0.0% | 0.0% | 0.0% | ||
| Full APR (int fee ins tax dep) | 35.1% | 40.6% | 27.8% | ||
| Transparency Index | N/A | N/A | N/A | ||
| Original Repayment Schedule | |||||
| MFT Pricing Calculation |
| 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 |
|---|---|---|---|---|---|---|---|
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| N (# of Samples) | ||||||
| Total Borrrowers of Samples | ||||||
| Avg | ||||||
| Min | ||||||
| Max | ||||||
| Std Dev | ||||||
| By Inst Type | ||||||
| By Country | ||||||
| X Axis | ||||||
|---|---|---|---|---|---|---|
| Greater than: | ||||||
| Less or equal to: | ||||||
| From 0 to | ||||||
| to | ||||||
| to | ||||||
| to ∞ | ||||||
