2. Parabank
Please note that the information you are viewing is 181 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Parabank 60 Samed Vurgun strBaku, BakuAZ1022
Data approved: 2012-04-18
Data version: 2
Age of data: 181 months
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Institution Details

Institution TypeBank
Is this institution regulated?Yes
Website addresshttp://www.parabank.az/
Year established1991
Head of InstitutionVali Guliyev
Regions activeAbsheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-ShirvanKur
# Branches16

Total Portfolio (nat'l)AZN 64,721,000
Total Portfolio (USD)USD 82,975,641.03
Active clients with loans7,573
Approximate % female clients40% - 60%
Approximate % urban clients0% - 20%
Network affiliations
Funders

Loan Products » Summary

Consumer
6,236 Borrowers
USD 13,669,682.05 Portfolio
Active Product
Group
2,640 Borrowers
USD 2,472,435.90 Portfolio
Active Product
Micro
1,510 Borrowers
USD 21,093,866.67 Portfolio
Active Product

Loan Products » Conditions

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% 0% - 20% Business Women, Men Credit Educ, Group Mtgs, Credit Ins
Micro Loans AZN 1,000 - 20,000 6 - 18 20% - 40% 40% - 60% Business Women, Men, Have business Credit Educ, Group Mtgs, Credit Ins

Loan Products » Pricing Information

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 1 Fee 0 Ins None N/A 27.8% - 38.1% 27.8% - 38.1% 77
Group Loans 24.0%-36.0% annual, Decl Bal 1 Fee 0 Ins None N/A 24.3% - 37.7% 24.3% - 37.7% 81
Micro Loans 24.0%-36.0% annual, Decl Bal 1 Fee 0 Ins None N/A 33.9% - 43% 33.9% - 43% 63
Institution Price Graph
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeAnyBusinessLoan PurposeParabankInstitutionAZ-008-V02-P01AZ-008-V02-P02AZ-008-V02-P03ProductAZCountry2012YearRange Number2Institution Data Version02,0004,0006,0008,00010,00012,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 1,30090060030030Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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  2. COAC FondVida
Please note that the information you are viewing is 175 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

COAC FondVida Flavio Alfaro Oe6 - 150 y Francisco DavilaQuito, Pichincha
Data approved: 2010-11-08
Data version: 1
Age of data: 175 months

Product

Crédito Grupal Solidario Product 3 of 4 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (USD)USD 111,491
Portfolio (USD)USD 111,491
Active Clients with Loans180
Approximate % Female Clients60% - 80%
Approximate % Urban Clients80% - 100%
Methodology
Individual
Solidarity groupx
Village banking
Self help group
Other
Description
Es un crédito donde la garantía es solidaria en el grupo el cual está conformado por un mínimo de 5 personas. Utlizan el crédito para el desarrollo de iniciativas económicas. La documentación utilizada es la mínima.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visits
Business trainingx
Other training
OtherCapacitación en proyectos de vida y espíritu emprendedor
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
Must own a home or land
Must be a salaried worker
Must be specific age group
OtherLos grupos se conforman con personas de la misma zona de residencia
Other (2)Se utiliza la garantía grupal
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 500
Maximum loan size1,500
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term15.0 months
Approx average8.0 months
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Pricing Information

Interest
Lowest quoted nominal interest14.00%
Highest quoted nominal interest18.50%
Reason(s) why interest rate variesLoan Purpose
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionSeguro de Desgravamen
% of loan amount - min1.00%
% of loan amount - max1.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variation
Appears on Repayment Sched?No
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited0
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount depositedUSD 5
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid1.50%
Maximum interest rate paid4.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No
Additional Comments
Las reuniones que se tienen esta metodología permiten que los integrantes de grupo vayan formandose en temas de autoestima, administración de negocios, desarollo comunitario, etc. No utilizamos las reuniones para cobros. Adicionalmente el grupo tiene una cuenta de ahorros en general como grupo en donde depositan los ahorros de sus integrantes de acuerdo al compromiso al que llegaron al inicio. Cada integrante de grupo tiene su propia cuenta de ahorros en donde realizamos pagos.

Full Pricing Data

Crédito Grupal Solidario samples
Sample 1Sample 2Sample 3
Loan AmountUSD 1,000USD 1,000USD 1,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2010-07-292010-08-182010-08-18
Loan Term (Months)12.0 months10.0 months10.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component18.8%18.8%18.8%
Insurance Component1.9%2.3%2.3%
Tax Component0.0%0.0%0.0%
Deposit Component0.1%0.2%0.2%
Full APR (int fee ins tax dep)20.8%21.2%21.2%
Transparency Index676666
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Crédito Grupal Solidario Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.CoopInstitution TypeBusinessLoan PurposeCOAC FondVidaInstitutionEC-006-V01-P03ProductECCountry2010YearRange Number1Institution Data Version02004006008001,000Loan Size (all)0%5%10%15%20%Full APR (int fee ins tax dep)> 90405Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
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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
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Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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