DemirBank - Cash Loan - MFTransparency.org Truth In Lending Tables

Please note that the information you are viewing is 120 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DemirBank 31 Garabagh str., Baku.,AZ 1008Baku, BakuAZ1008

Data approved: 2014-09-18

Data version: 1

Age of data: 120 months

Download Data

Analyze Data

Product

Cash Loan Product 1 of 2 « Prev | Next »

Product Details

Key Statistics

Outstanding portfolio (AZN)	AZN 19,247,182
Portfolio (USD)	USD 24,675,874.36
Active Clients with Loans	9,849
Approximate % Female Clients	20% - 40%
Approximate % Urban Clients	40% - 60%

Methodology

Individual	x
Solidarity group
Village banking
Self help group
Other

Description

Cash loan issued to consumer client based on their monthly income for any personal use.

Loan Purpose

Any purpose	x
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)

Included Services

Credit education
Group meetings
Credit insurance	x
Workplace visits
Business training
Other training
Other
Other (2)
No other services	x

Eligibility

Men	x
Women	x
Must run a business	x
Must own a home or land
Must be a salaried worker	x
Must be specific age group
Other
Other (2)

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

# Regions for this institution	7
# Regions for this product	8
Regions Active	Absheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-ShirvanKur

Loan Conditions

Loan Amount

Currency	AZN
Minimum loan size	AZN 500
Maximum loan size	10,000

Distribution at Disbursement (Est.)

Loans less than AZN 1,000	15%
AZN 1,000-5,000	70%
AZN 5,000-8,000	10%
AZN 8,000-11,000	5%
AZN 11,000-14,000	0
Greater than AZN 14,000	0

Loan Term and Grace Period

Shortest loan term	3.0 months
Longest loan term	36.0 months
Approx average	24.0 months

Distribution at Disbursement (Est.)

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

Grace period usage	0
Average grace period	0

Repayment Frequency

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

Pricing Information

Interest

Lowest quoted nominal interest	28.00%
Highest quoted nominal interest	34.00%
Reason(s) why interest rate varies	Time as Client, 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

Upfront Fees

	Fee 1	Fee 2
Description	Comission Fee	Document charge
% of loan amount - min	1.00%	0
% of loan amount - max	1.00%	0
OR, Fixed amount - min	0	10
Fixed amount - max	0	100
Reason for variation	1% is for documenting charges, 1% for cash disbursment	N/A
Appears on Repayment Sched?	No	No

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

	Ins 1
Description	Accident Insurance
% of loan amount - min	0
% of loan amount - max	0
OR, Fixed amount - min	10
Fixed amount - max	120
Reason for variation	It is determined according to the loan amount.
Appears on Repayment Sched?	No

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	Never
Criteria	N/A
Is deposit indicated on the repayment schedule?	N/A
Do borrowers control deposit in their group?	N/A

Deposit BEFORE or AT Disbursement

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A

Deposits DURING period payments

% loan amount deposited	N/A
or, Fixed-amount deposited	N/A
Conditions on access to deposit	N/A

Interest Paid on Deposit

Minimum interest rate paid	N/A
Maximum interest rate paid	N/A
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?	No

Are taxes charged on this product?

Full Pricing Data

Cash Loan samples

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
Loan Amount	Type of Sample	Disbursement Date	Loan Term (Months)	Grace Period (Months)	Total Cost of Credit	Full APR (int fee ins tax dep)	Interest price component	Fee Component	Insurance Component	Tax Component	Deposit Component	Transparency Index	Original Repayment Schedule	MFT Pricing Calculation
AZN 900	Real	2014-08-25	18.3 months	N/A	AZN 231.77	30.5%	27.7%	1.3%	1.5%	0.0%	0.0%	85	PDF	PDF
AZN 900	Generated	2014-11-01	18.0 months	N/A	AZN 228.18	32.4%	27.7%	3.1%	1.6%	0.0%	0.0%	80	-	PDF
AZN 2,600	Real	2014-07-22	12.2 months	N/A	AZN 592	41.6%	27.9%	2.0%	11.7%	0.0%	0.0%	63	PDF	PDF
AZN 2,600	Generated	2014-11-01	12.0 months	N/A	AZN 549.09	40.3%	27.7%	2.8%	9.8%	0.0%	0.0%	65	-	PDF
AZN 1,000	Generated	2014-11-01	12.0 months	N/A	AZN 226.19	43.6%	27.7%	9.3%	6.6%	0.0%	0.0%	60	-	PDF
AZN 1,500	Generated	2014-11-01	12.0 months	N/A	AZN 321.78	41.0%	27.7%	7.6%	5.7%	0.0%	0.0%	63	-	PDF
AZN 2,000	Generated	2014-11-01	12.0 months	N/A	AZN 423.97	40.1%	29.6%	6.2%	4.3%	0.0%	0.0%	65	-	PDF
AZN 3,100	Generated	2014-11-01	18.0 months	N/A	AZN 940.58	39.5%	30.6%	3.9%	5.0%	0.0%	0.0%	66	-	PDF
AZN 4,000	Generated	2014-11-01	24.0 months	N/A	AZN 1,510.82	37.2%	30.6%	3.0%	3.6%	0.0%	0.0%	70	-	PDF
AZN 6,500	Generated	2014-11-01	24.0 months	N/A	AZN 2,487.91	37.3%	32.6%	2.4%	2.3%	0.0%	0.0%	70	-	PDF

Cash Loan Price Graphs

Click to view Price Analysis Tool

Institution	# Borrowers	Portfolio (US$)	Products	Age of Data
KBL	468,300	120,082,000	16	113
KF	233,600	41,416,000	4	112
NRSP	399,900	70,157,000	3	113
ASA	230,400	29,637,000	3	113
TMFB	221,200	85,449,000	7	113
FMFB	163,544	38,481,323	9	132
TRDP	100,000	13,817,000	3	113
PRSP	75,656	9,907,176	3	132
BRAC^P	57,300	11,869,000	3	113
SRSO	51,100	7,775,000	3	113
SSF	46,000	4,776,000	3	113
FINCA	82,000	43,559,000	9	113
JWS	36,000	6,545,000	2	113
RCDS	35,552	4,856,122	4	132
DAMEN	35,185	7,150,864	1	132
FFO	22,400	3,335,000	3	113
OLP	21,400	3,510,000	3	113
CSC	17,600	3,147,000	1	113
AMRDO	13,800	1,206,000	5	113
WMBL	13,800	6,105,000	3	113
Mojaz	13,400	2,415,000	2	113
SDF	11,500	1,041,000	4	113
POMFB	8,500	2,795,000	4	113
OPD	7,500	918,000	2	113
AGAHE	7,300	797,000	2	113
NRDP	6,184	1,521,972	3	132
GBTI	6,100	669,000	3	132
WASIL	4,300	1,135,000	2	113
Micro Options	4,000	768,000	5	113
VDO	3,900	489,000	3	132
SVDP	3,900	811,000	13	132
SRDO	3,500	766,000	4	113
OSDI	2,000	923,000	3	113
APMBL	1,800	1,401,000	3	113
BEDF	1,400	209,000	3	132
KCDO	800	94,000	1	132

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

	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 ∞

Institution

Product

Product Details

Key Statistics

Methodology

Description

Loan Purpose

Included Services

Eligibility

# Borrowers by Product

Portfolio Size by Product

Geographic Coverage

Loan Conditions

Loan Amount

Distribution at Disbursement (Est.)

Loan Term and Grace Period

Distribution at Disbursement (Est.)

Grace Period

Repayment Frequency

Pricing Information

Interest

Upfront Fees

Ongoing Fees

Upfront Insurance Fees

Ongoing Insurance Fees

Compulsory Deposit

Deposit BEFORE or AT Disbursement

Deposits DURING period payments

Interest Paid on Deposit

Taxes

Full Pricing Data

Cash Loan samples

Cash Loan Price Graphs

Total Borrowers of Samples

Learn More

MFTransparency News

Explore Resources