2. COAC 4 Octubre
Please note that the information you are viewing is 170 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE
  2. FINCA
Please note that the information you are viewing is 121 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

Cooperativa de Ahorro y Credito 4 de Octubre Ltda Avda. Atahualpa s/n via a BañosAvda. Cordovez y Juan LarreaRiobamba, Chimborazo06-01-1471
Data approved: 2011-11-01
Data version: 1
Age of data: 170 months

Institution

FINCA J. Jabbarli str. 44Baku, AzerbaijanAZ 1065
Data approved: 2014-10-10
Data version: 3
Age of data: 121 months
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Product

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Product

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Product Summary

Number borrowers2,001
Loan Amount (range)USD 100 - 20,000
Loan Term (range)1 - 48
Other Services (text summary)Credit Ins
Annual Interest & Method18.0% annual, Decl Bal
FeesNone
Insurance2.00% ongoing
TaxNone
Comp Dep5.00 ongoing
Range of pricing 
Interest Price Component
Fee Component
Insurance Component
Tax Component Range
Full APR (int fee ins tax dep)0
Transparency Index (min/max)
Transparency Index (average)N/A

Product Summary

34,913
AZN 100 - 20,000
3 - 36
23.0%-35.0% annual, Decl Bal
2.00%-3.00% upfront
None
None
N/A
 
21.8% - 38.4%
1.5% - 7.1%
0
0
28.7% - 40.6%
57 - 94
67

Product Details

Key Statistics
Outstanding portfolio (USD)USD 5,683,091
Portfolio (USD)USD 5,683,091
Active Clients with Loans2,001
Approximate % Female Clients80% - 100%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Destinado al financiamiento de actividades en pequeña escala, de producción, comercialización o servicios. Grupo meta a personas naturales.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
Workplace visits
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or landx
Must be a salaried workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Product Details

Key Statistics
Outstanding portfolio (AZN)AZN 46,933,189
Portfolio (USD)USD 60,170,755.13
Active Clients with Loans34,913
Approximate % Female Clients0% - 20%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Available to entrepreneurs engaged in trade, manufacturing or service industries.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurance
Workplace visits
Business training
Other training
Other
Other (2)
No other servicesx
Eligibility
Menx
Womenx
Must run a businessx
Must own a home or land
Must be a salaried worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution8
# Regions for this product8
Regions ActiveAbsheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-Shirvan, Nakhichevan

Loan Conditions

Loan Amount
CurrencyUSD
Minimum loan sizeUSD 100
Maximum loan size20,000
Distribution at Disbursement (Est.)
Loans less than USD 1,50030%
USD 1,500-5,00050%
USD 5,000-10,00015%
USD 10,000-15,0005%
USD 15,000-18,0000
Greater than USD 18,0000
Loan Term and Grace Period
Shortest loan term1.0 month
Longest loan term48.0 months
Approx average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months20%
Between 7 and 9 months5%
Between 10 and 12 months15%
Between 13 and 18 months20%
Longer than 18 months40%
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weekly
Every 2 weeks
Every 4 weeks
Monthlyx
Every 2 months
Quarterlyx
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyAZN
Minimum loan sizeAZN 100
Maximum loan size20,000
Distribution at Disbursement (Est.)
Loans less than AZN 1,00030%
AZN 1,000-5,00070%
AZN 5,000-8,0000
AZN 8,000-11,0000
AZN 11,000-14,0000
Greater than AZN 14,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term36.0 months
Approx average15.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months5%
Between 10 and 12 months50%
Between 13 and 18 months30%
Longer than 18 months15%
Grace Period
Grace period usage10%
Average grace period3.0 months
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 interest18.00%
Highest quoted nominal interest18.00%
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
This product has no upfront insurance fees
Ongoing Insurance Fees
Ins 1
DescriptionSeguro de desgravamen
% of loan amount - min2.00%
% of loan amount - max2.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?No
Do borrowers control deposit in their group?No
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 paid5.00%
Maximum interest rate paid8.00%
Interest payment frequencyMonthly
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest23.00%
Highest quoted nominal interest35.00%
Reason(s) why interest rate variesBranch, Loan Size
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?No
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionCommission Fee
% of loan amount - min2.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationCommission varies with loan amount. 2% applied on loan amount AZN 4000 and above, 3% on less than AZN 4000. 2% commission flat fee is applicable for Nakhchivan only
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 forNever
CriteriaN/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 depositedN/A
or, Fixed-amount depositedN/A
Deposits DURING period payments
% loan amount depositedN/A
or, Fixed-amount depositedN/A
Conditions on access to depositN/A
Interest Paid on Deposit
Minimum interest rate paidN/A
Maximum interest rate paidN/A
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Full Pricing Data

Microcredito samples
No sample data for this product

Full Pricing Data

Express Loan (AZN) 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
Interest price component
Fee Component
Insurance Component
Tax Component
Deposit Component
AZN 100 Generated 2014-10-01 12.1 months 0.0 months AZN 15.71 28.7% 22.8% 5.9% 0.0% 0.0% 0.0% 80 - PDF
AZN 100 Generated 2014-10-01 12.1 months 0.0 months AZN 22.67 40.6% 34.5% 6.1% 0.0% 0.0% 0.0% 57 - PDF
AZN 115 Generated 2014-10-01 18.1 months 0.0 months AZN 33.40 34.8% 30.6% 4.2% 0.0% 0.0% 0.0% 66 - PDF
AZN 115 Generated 2014-10-01 10.0 months 0.0 months AZN 17.37 32.7% 25.7% 7.0% 0.0% 0.0% 0.0% 70 - PDF
AZN 2,040 Generated 2014-10-01 12.1 months 0.0 months AZN 430.10 37.5% 33.5% 4.0% 0.0% 0.0% 0.0% 61 - PDF
AZN 720 Generated 2014-10-01 12.1 months 0.0 months AZN 126.60 31.7% 27.7% 4.0% 0.0% 0.0% 0.0% 73 - PDF
AZN 2,400 Generated 2014-10-01 18.1 months 0.0 months AZN 675.57 33.8% 29.6% 4.2% 0.0% 0.0% 0.0% 68 - PDF
AZN 960 Generated 2014-10-01 18.1 months 0.0 months AZN 304.73 37.8% 33.5% 4.3% 0.0% 0.0% 0.0% 61 - PDF
AZN 2,760 Generated 2014-10-01 36.4 months 0.0 months AZN 1,668.55 34.1% 32.6% 1.5% 0.0% 0.0% 0.0% 67 - PDF
AZN 1,300 Generated 2014-10-01 14.1 months 0.0 months AZN 270.68 32.1% 28.7% 3.4% 0.0% 0.0% 0.0% 72 - PDF
AZN 1,500 Generated 2014-10-01 18.1 months 0.0 months AZN 434.08 34.4% 31.6% 2.8% 0.0% 0.0% 0.0% 67 - PDF
AZN 2,400 Generated 2014-10-01 12.1 months 0.0 months AZN 449.86 33.6% 29.6% 4.0% 0.0% 0.0% 0.0% 68 - PDF
AZN 2,760 Generated 2014-10-01 14.1 months 0.0 months AZN 650.24 36.1% 32.6% 3.5% 0.0% 0.0% 0.0% 64 - PDF
Microcredito Price Graphs
No sample data for this product
Express Loan (AZN) Price Graphs


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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
Filter table:
Country InstAbbrev SampleCode Loan Amount USD Loan Term (Months) SampClients FullAPR DateApproved
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