Institution Type | Non Bank Financial Institution |
Is this institution regulated? | Yes |
Website address | http://www.viator-az.com |
Year established | 1998 |
Head of Institution | Abraham Vencent Asgapo |
Regions active | Ganja-Qazakh, Shaki-Zaqatala |
# Branches | 6 |
Total Portfolio (nat'l) | AZN 15,994,615 |
Total Portfolio (USD) | USD 20,505,916.67 |
Active clients with loans | 19,567 |
Approximate % female clients | 20% - 40% |
Approximate % urban clients | 40% - 60% |
Network affiliations | AMFA (Azerbaijan MicroFinance Assosiation), MIX Market, MFC (Microfinance Center) |
Funders | Incofin Investment Management, Grameen Credit Agricole Foundation, ConCap, Symbiotics |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | AZN 300 - 6,000 | 3 - 18 | 20% - 40% | 40% - 60% | Agriculture | Women, Men, Have business | Business Training, Other Training | |||||||
Micro-Business Loan | AZN 300 - 3,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Small Enterprise Loan | AZN 3,000 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Social Business Loan | AZN 3,000 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Agricultural Loan USD | USD 400 - 8,000 | 3 - 18 | 20% - 40% | 40% - 60% | Agriculture | Women, Men, Have business | Business Training, Other Training | |||||||
Micro-Business Loan USD | USD 400 - 4,000 | 3 - 18 | 40% - 60% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Small Enterprise Loan USD | USD 4,000 - 10,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training | |||||||
Social Business Loan USD | USD 4,000 - 10,000 | 3 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Business Training, Other Training |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Agricultural Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.7% - 34.4% | 35.3% - 36.4% | 80 | ||||||||
Micro-Business Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 34.5% - 34.6% | 36.5% - 36.6% | 79 | ||||||||
Small Enterprise Loan | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 0% | 0% | N/A | ||||||||
Social Business Loan | 28.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 31.1% | 32.5% | 89 | ||||||||
Agricultural Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.4% | 34.9% | 83 | ||||||||
Micro-Business Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 33.5% - 34.7% | 34.9% - 36.7% | 80 | ||||||||
Small Enterprise Loan USD | 28.8%-34.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 32.6% | 34% | 85 | ||||||||
Social Business Loan USD | 28.8% annual, Decl Bal | 1 Fee | 1 Ins | None | N/A | 31.1% | 32.5% | 89 |
Outstanding portfolio (PKR) | PKR 2,857,472,008 |
Portfolio (USD) | USD 28,060,375.12 |
Active Clients with Loans | 191,998 |
Approximate % Female Clients | 80% - 100% |
Approximate % Urban Clients | 0 |
Individual | |
Solidarity group | |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
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 | |
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 | 4 |
Regions Active | Azad Kashmir, Islambad Capital Territory, Punjab, Sindh |
Currency | PKR |
Minimum loan size | PKR 15,000 |
Maximum loan size | 70,000 |
Loans less than PKR 10,000 | 0 |
PKR 10,000-25,000 | 20% |
PKR 25,000-50,000 | 60% |
PKR 50,000-75,000 | 20% |
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 | 1 |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Lowest quoted nominal interest | 28.00% |
Highest quoted nominal interest | 28.00% |
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 | Processing/Documentation Charges |
% 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 | Insurance Charges |
% of loan amount - min | 0 |
% of loan amount - max | 0 |
OR, Fixed amount - min | 100 |
Fixed amount - max | 100 |
Reason for variation | N/A |
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 |
||||||||||
PKR 25,000 | Real | 2014-09-04 | 12.0 months | N/A | PKR 4,452 | 31.7% | 27.8% | 3.1% | 0.8% | 0.0% | 0.0% | 88 | ||
PKR 25,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 4,461.99 | 31.6% | 27.7% | 3.1% | 0.8% | 0.0% | 0.0% | 89 | - | |
PKR 50,000 | Real | 2014-12-12 | 12.0 months | N/A | PKR 8,404 | 29.7% | 27.7% | 1.6% | 0.4% | 0.0% | 0.0% | 94 | ||
PKR 50,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 8,423.97 | 29.6% | 27.7% | 1.5% | 0.4% | 0.0% | 0.0% | 95 | - | |
PKR 20,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 3,669.59 | 32.6% | 27.7% | 3.9% | 1.0% | 0.0% | 0.0% | 86 | - | |
PKR 30,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 5,254.38 | 30.9% | 27.7% | 2.6% | 0.6% | 0.0% | 0.0% | 91 | - | |
PKR 35,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,046.78 | 30.5% | 27.7% | 2.2% | 0.6% | 0.0% | 0.0% | 92 | - | |
PKR 40,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 6,839.18 | 30.1% | 27.7% | 1.9% | 0.5% | 0.0% | 0.0% | 93 | - | |
PKR 45,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 7,631.57 | 29.8% | 27.7% | 1.7% | 0.4% | 0.0% | 0.0% | 94 | - | |
PKR 70,000 | Generated | 2015-06-01 | 12.0 months | N/A | PKR 11,593.56 | 29.1% | 27.7% | 1.1% | 0.3% | 0.0% | 0.0% | 96 | - |
Key Statistics | |
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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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