Number borrowers | 1,728 |
Loan Amount (range) | AZN 1,000 - 16,000 |
Loan Term (range) | 3 - 24 |
Other Services (text summary) | |
Annual Interest & Method | 34.0%-38.0% annual, Decl Bal |
Fees | 2.50% 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) | 36.3% - 41.0% |
Transparency Index (min/max) | 57 - 94 |
Transparency Index (average) | 85 |
306,389 |
PKR 20,000 - 60,000 |
12 |
Credit Educ, Business Training, Other Training, Financial Literacy |
20.0% annual, Flat |
400.00 upfront |
200.00-800.00 upfront |
None |
N/A |
34.1% - 35.8% |
1.4% - 3.7% |
2.7% - 3.8% |
0 |
38.2% - 41.3% |
0 - N/A |
N/A |
Outstanding portfolio (AZN) | AZN 3,887,585 |
Portfolio (USD) | USD 4,984,083.33 |
Active Clients with Loans | 1,728 |
Approximate % Female Clients | 0% - 20% |
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 |
Outstanding portfolio (PKR) | PKR 3,406,650,432 |
Portfolio (USD) | USD 34,761,739.10 |
Active Clients with Loans | 306,389 |
Approximate % Female Clients | 100% |
Approximate % Urban Clients | 40% - 60% |
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 | x |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | x |
Other training | x |
Other | Financial Literacy |
Other (2) | |
No other services |
Men | |
Women | x |
Must run a business | x |
Must own a home or land | |
Must be a salaried worker | |
Must be specific age group | x |
Other | |
Other (2) |
# Regions for this institution | 2 |
# Regions for this product | 2 |
Regions Active | Punjab, Sindh |
Currency | AZN |
Minimum loan size | AZN 1,000 |
Maximum loan size | 16,000 |
Loans less than AZN 1,000 | 15% |
AZN 1,000-5,000 | 80% |
AZN 5,000-8,000 | 5% |
AZN 8,000-11,000 | 0 |
AZN 11,000-14,000 | 0 |
Greater than AZN 14,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 24.0 months |
Approx average | 18.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 0 |
Between 7 and 9 months | 0 |
Between 10 and 12 months | 30% |
Between 13 and 18 months | 30% |
Longer than 18 months | 40% |
Grace period usage | 10% |
Average grace period | 9.0 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 |
Currency | PKR |
Minimum loan size | PKR 20,000 |
Maximum loan size | 60,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 50% |
PKR 25,000-50,000 | 50% |
PKR 50,000-75,000 | 0 |
PKR 75,000-150,000 | 0 |
Greater than PKR 150,000 | 0 |
Shortest loan term | 12.0 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 | |
Irregular payments |
Lowest quoted nominal interest | 34.00% |
Highest quoted nominal interest | 38.00% |
Reason(s) why interest rate varies | 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 | 2.50% |
% of loan amount - max | 2.50% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
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 |
Lowest quoted nominal interest | 20.00% |
Highest quoted nominal interest | 20.00% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Flat |
Subsidized by funder request? | No |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Documentation Fee |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 400 |
Fixed amount - max | 400 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Accidental and Life Insurance |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 200 |
Fixed amount - max | 800 |
Reason for variation | Loans under PKR 20,000 charged at 2%. Larger loans charged 2% for first PKR 20,000 and 1% for amount over. |
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? | 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 850 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 195.32 | 40.5% | 35.5% | 5.0% | 0.0% | 0.0% | 0.0% | 84 | - | |
AZN 1,000 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 232.77 | 41.0% | 36.0% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
AZN 1,500 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 349.16 | 41.0% | 36.0% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
AZN 2,000 | Generated | 2014-11-01 | 12.0 months | N/A | AZN 464.35 | 40.9% | 35.9% | 5.0% | 0.0% | 0.0% | 0.0% | 83 | - | |
AZN 2,400 | Generated | 2014-11-01 | 18.0 months | N/A | AZN 821.33 | 40.0% | 36.5% | 3.5% | 0.0% | 0.0% | 0.0% | 85 | - | |
AZN 2,760 | Generated | 2014-11-01 | 24.0 months | N/A | AZN 1,148.58 | 36.3% | 33.5% | 2.8% | 0.0% | 0.0% | 0.0% | 94 | - |
Sample 1 | Sample 2 | Sample 3 | Sample 4 | ||||
---|---|---|---|---|---|---|---|
Loan Amount | PKR 30,000 | PKR 25,000 | PKR 50,000 | PKR 55,000 | |||
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | Not Known | Not Known | |||
Disbursement Date | 2013-04-11 | 2013-04-09 | 2013-06-27 | 2013-04-11 | |||
Loan Term (Months) | 12.0 months | 12.0 months | 12.0 months | 12.0 months | |||
Grace Period (Months) | 0.1 months | 0.0 months | 0.0 months | 0.1 months | |||
Total Cost of Credit | PKR 6,900 | PKR 5,850 | PKR 11,100 | PKR 12,150 | |||
True Price by Comp | |||||||
Interest price component | 34.1% | 34.5% | 34.7% | 34.1% | |||
Fee Component | 2.5% | 3.2% | 1.6% | 1.4% | |||
Insurance Component | 3.3% | 3.6% | 2.8% | 2.7% | |||
Tax Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Deposit Component | 0.0% | 0.0% | 0.0% | 0.0% | |||
Full APR (int fee ins tax dep) | 39.9% | 41.3% | 39.1% | 38.2% | |||
Transparency Index | N/A | 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 ∞ |