| Number borrowers | 3,408 |
| Loan Amount (range) | USD 100 - 10,000 |
| Loan Term (range) | 6 - 24 |
| Other Services (text summary) | |
| Annual Interest & Method | 26.0%-37.0% annual, Decl Bal |
| Fees | 2.00%-3.00% 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) | 32.6% - 40.7% |
| Transparency Index (min/max) | 57 - 94 |
| Transparency Index (average) | 71 |
| Outstanding portfolio (USD) | USD 4,924,783.33 |
| Portfolio (USD) | USD 4,924,783.33 |
| Active Clients with Loans | 3,408 |
| Approximate % Female Clients | 20% - 40% |
| 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 |
| Currency | USD |
| Minimum loan size | USD 100 |
| Maximum loan size | 10,000 |
| Loans less than USD 1,500 | 40% |
| USD 1,500-5,000 | 60% |
| USD 5,000-10,000 | 0 |
| USD 10,000-15,000 | 0 |
| USD 15,000-18,000 | 0 |
| Greater than USD 18,000 | 0 |
| Shortest loan term | 6.0 months |
| Longest loan term | 24.0 months |
| Approx average | 15.0 months |
| Loans 3 months or less | 0 |
| Between 4 and 6 months | 0 |
| Between 7 and 9 months | 0 |
| Between 10 and 12 months | 50% |
| Between 13 and 18 months | 50% |
| Longer than 18 months | 0 |
| Grace period usage | 10% |
| Average grace period | 3.0 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 |
| Lowest quoted nominal interest | 26.00% |
| Highest quoted nominal interest | 37.00% |
| Reason(s) why interest rate varies | Branch, 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 | 2.00% |
| % of loan amount - max | 3.00% |
| OR, Fixed amount - min | 0 |
| Fixed amount - max | 0 |
| Reason for variation | The variation is due to loan term. 2% on the term upto 12 months and 3% on higher than 12 months |
| 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 |
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 |
||||||||||
| USD 100 | Generated | 2014-10-01 | 10.0 months | 0.0 months | USD 17.49 | 37.3% | 32.6% | 4.7% | 0.0% | 0.0% | 0.0% | 70 | - | |
| USD 115 | Generated | 2014-10-01 | 12.1 months | 0.0 months | USD 20.71 | 32.7% | 26.7% | 6.0% | 0.0% | 0.0% | 0.0% | 80 | - | |
| USD 1,200 | Generated | 2014-10-01 | 12.1 months | 0.0 months | USD 217.96 | 32.6% | 28.7% | 3.9% | 0.0% | 0.0% | 0.0% | 80 | - | |
| USD 1,380 | Generated | 2014-10-01 | 18.1 months | 0.0 months | USD 438.05 | 37.8% | 33.5% | 4.3% | 0.0% | 0.0% | 0.0% | 69 | - | |
| USD 3,000 | Generated | 2014-10-01 | 18.1 months | 0.0 months | USD 976.82 | 38.3% | 35.5% | 2.8% | 0.0% | 0.0% | 0.0% | 68 | - | |
| USD 3,450 | Generated | 2014-10-01 | 18.1 months | 0.0 months | USD 1,189.37 | 40.7% | 36.5% | 4.2% | 0.0% | 0.0% | 0.0% | 64 | - | |
| 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 ∞ | ||||||
