Outstanding portfolio (AZN) | AZN 27,307,579 |
Portfolio (USD) | USD 35,009,716.67 |
Active Clients with Loans | 33,876 |
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 | x |
Consumer loan | x |
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 | |
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 | AZN |
Minimum loan size | AZN 50 |
Maximum loan size | 2,400 |
Loans less than AZN 1,000 | 40% |
AZN 1,000-5,000 | 60% |
AZN 5,000-8,000 | 0 |
AZN 8,000-11,000 | 0 |
AZN 11,000-14,000 | 0 |
Greater than AZN 14,000 | 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 | 40% |
Between 13 and 18 months | 60% |
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 | 24.50% |
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 |
||||||||||
AZN 50 | Generated | 2014-10-01 | 10.0 months | 0.0 months | AZN 6.69 | 28.9% | 24.3% | 4.6% | 0.0% | 0.0% | 0.0% | 85 | - | |
AZN 50 | Generated | 2014-10-01 | 10.0 months | 0.0 months | AZN 9.72 | 41.2% | 36.5% | 4.7% | 0.0% | 0.0% | 0.0% | 60 | - | |
AZN 57.50 | Generated | 2014-10-01 | 10.0 months | 0.0 months | AZN 11.47 | 42.6% | 35.5% | 7.1% | 0.0% | 0.0% | 0.0% | 58 | - | |
AZN 500 | Generated | 2014-10-01 | 14.1 months | 0.0 months | AZN 124.70 | 38.0% | 34.5% | 3.5% | 0.0% | 0.0% | 0.0% | 64 | - | |
AZN 750 | Generated | 2014-10-01 | 16.1 months | 0.0 months | AZN 195.69 | 35.3% | 30.6% | 4.7% | 0.0% | 0.0% | 0.0% | 69 | - | |
AZN 890 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 186.11 | 37.6% | 31.6% | 6.0% | 0.0% | 0.0% | 0.0% | 65 | - | |
AZN 1,000 | Generated | 2014-10-01 | 18.1 months | 0.0 months | AZN 262.59 | 31.4% | 28.7% | 2.7% | 0.0% | 0.0% | 0.0% | 78 | - | |
AZN 1,500 | Generated | 2014-10-01 | 12.1 months | 0.0 months | AZN 270.09 | 32.7% | 26.7% | 6.0% | 0.0% | 0.0% | 0.0% | 75 | - | |
AZN 2,400 | Generated | 2014-10-01 | 18.1 months | 0.0 months | AZN 651.57 | 32.4% | 29.6% | 2.8% | 0.0% | 0.0% | 0.0% | 76 | - |
Institution Type | Non-Governmental Organization |
Is this institution regulated? | No |
Website address | http://www.mojaz.org |
Year established | 2008 |
Head of Institution | Gulshan Kaur |
Regions active | Punjab |
# Branches | 4 |
Total Portfolio (nat'l) | PKR 246,000,000 |
Total Portfolio (USD) | USD 2,415,720 |
Active clients with loans | 13,417 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 20% - 40% |
Network affiliations | Pakistan Center for Philanthropy, Human Resource Development Network |
Funders | Pakistan Poverty Alleviation Fund, Orix Leasing, Orangi Charitable Trust |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Regular Loan | PKR 10,000 - 75,000 | 12 - 18 | 40% - 60% | 0% - 20% | Business, Agriculture, Livestock | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training | |||||||
Seasonal Loan | PKR 10,000 - 75,000 | 3 - 6 | 40% - 60% | 0% | Agriculture, Other, Livestock | Women, Men, Must be involved in agriculture activity | Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Regular Loan | 20.0% annual, Flat | 1 Fee | 1 Ins | None | N/A | 39.3% | 41.3% | 48 | ||||||||
Seasonal Loan | 24.0% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 30.2% | 32.3% | 74 |
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% Products with one or more insurances | |
% Products with compulsory deposits |
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