Number borrowers | 1,174 |
Loan Amount (range) | USD 300 - 2,000 |
Loan Term (range) | 3 - 18 |
Other Services (text summary) | Group Mtgs, Credit Ins, Tech Asst Visits, Business Training |
Annual Interest & Method | 23.9% annual, Decl Bal |
Fees | 3.00% upfront |
Insurance | None |
Tax | None |
Comp Dep | 7.0% upfront 7.00% ongoing |
Range of pricing | |
Interest Price Component | N/A |
Fee Component | 22.4% - 23.6% (Int+Fee) |
Insurance Component | 7.2% - 11.0% |
Tax Component Range | 0 |
Full APR (int fee ins tax dep) | 38.4% - 39.6% |
Transparency Index (min/max) | 35 - 62 |
Transparency Index (average) | 61 |
212 |
USD 4,000 - 10,000 |
3 - 18 |
Business Training, Other Training |
28.8% annual, Decl Bal |
2.00%-3.00% upfront |
1.00% upfront |
None |
N/A |
28.3% - 30.8% |
2.7% - 3.9% |
1.4% - 2.0% |
0 |
32.5% |
78 - 89 |
89 |
Outstanding portfolio (USD) | USD 345,798 |
Portfolio (USD) | USD 345,798 |
Active Clients with Loans | 1,174 |
Approximate % Female Clients | 60% - 80% |
Approximate % Urban Clients | 0% - 20% |
Individual | |
Solidarity group | x |
Village banking | |
Self help group | |
Other |
Any purpose | |
Income generation | x |
Mortgage/housing | |
Consumer loan | |
Agriculture | |
Education | |
Other household finance | |
Other | Capital de Trabajo |
Other (2) |
Credit education | |
Group meetings | x |
Credit insurance | x |
Workplace visits | x |
Business training | x |
Other training | |
Other | |
Other (2) | |
No other services |
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 | N/A |
# Regions for this product | N/A |
Regions Active |
Outstanding portfolio (USD) | USD 268,252 |
Portfolio (USD) | USD 268,252 |
Active Clients with Loans | 212 |
Approximate % Female Clients | 20% - 40% |
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 | |
Education | |
Other household finance | |
Other | |
Other (2) |
Credit education | |
Group meetings | |
Credit insurance | |
Workplace visits | |
Business training | x |
Other training | x |
Other | |
Other (2) | |
No other services |
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 | 2 |
# Regions for this product | 2 |
Regions Active | Ganja-Qazakh, Shaki-Zaqatala |
Currency | USD |
Minimum loan size | USD 300 |
Maximum loan size | 2,000 |
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 6.5 months |
Grace period usage | 0 |
Average grace period | 0 |
Daily | |
Weekly | x |
Every 2 weeks | x |
Every 4 weeks | |
Monthly | x |
Every 2 months | |
Quarterly | |
Every 6 months | |
Every 12 months | |
Single end payment | |
Irregular payments |
Currency | USD |
Minimum loan size | USD 4,000 |
Maximum loan size | 10,000 |
Loans less than USD 1,500 | 0 |
USD 1,500-5,000 | 70% |
USD 5,000-10,000 | 30% |
USD 10,000-15,000 | 0 |
USD 15,000-18,000 | 0 |
Greater than USD 18,000 | 0 |
Shortest loan term | 3.0 months |
Longest loan term | 18.0 months |
Approx average | 11.0 months |
Loans 3 months or less | 0 |
Between 4 and 6 months | 15% |
Between 7 and 9 months | 20% |
Between 10 and 12 months | 50% |
Between 13 and 18 months | 15% |
Longer than 18 months | 0 |
Grace period usage | 100% |
Average grace period | 4.0 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 |
Lowest quoted nominal interest | 23.85% |
Highest quoted nominal interest | 23.85% |
Interest rate period | Yearly |
Interest Rate Calculation Method | Decl Bal |
Subsidized by funder request? | |
Is rate fixed for entire loan term | Yes |
Fee 1 | |
---|---|
Description | Seguro de Desgravamen |
% of loan amount - min | 3.00% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | |
Appears on Repayment Sched? | No |
Required for | All |
Criteria | N/A |
Is deposit indicated on the repayment schedule? | |
Do borrowers control deposit in their group? | Yes |
% loan amount deposited | 7.00% |
or, Fixed-amount deposited | 0 |
% loan amount deposited | 7.00% |
or, Fixed-amount deposited | 0 |
Conditions on access to deposit | Final Pmt |
Minimum interest rate paid | 2.50% |
Maximum interest rate paid | 2.50% |
Interest payment frequency | End Term |
Are taxes charged on this product? | No |
Lowest quoted nominal interest | 2.40% |
Highest quoted nominal interest | 2.40% |
Reason(s) why interest rate varies | Branch, Time as Client, Loan Size, Loan Purpose |
Interest rate period | Monthly |
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 | 2.00% |
% of loan amount - max | 3.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
Reason for variation | N/A |
Appears on Repayment Sched? | Yes |
Ins 1 | |
---|---|
Description | Insurance Fee |
% of loan amount - min | 1.00% |
% of loan amount - max | 1.00% |
OR, Fixed amount - min | 0 |
Fixed amount - max | 0 |
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 |
Sample 1 | Sample 2 | ||
---|---|---|---|
Loan Amount | USD 412 | USD 927 | |
Loan Cycle (1, 2, 3, etc) | Not Known | Not Known | |
Disbursement Date | 2010-05-18 | 2010-05-19 | |
Loan Term (Months) | 6.0 months | 8.0 months | |
Grace Period (Months) | 0.0 months | 0.0 months | |
Total Cost of Credit | Not Known | Not Known | |
True Price by Comp | |||
Interest and Fee Component | 22.4% | 23.6% | |
Insurance Component | 11.0% | 8.7% | |
Tax Component | 0.0% | 0.0% | |
Deposit Component | 6.2% | 6.2% | |
Full APR (int fee ins tax dep) | 39.6% | 38.4% | |
Transparency Index | 60 | 62 | |
Original Repayment Schedule | |||
MFT Pricing Calculation |
Sample 1 | |
---|---|
Loan Amount | USD 2,600 |
Loan Cycle (1, 2, 3, etc) | Not Known |
Disbursement Date | 2014-05-15 |
Loan Term (Months) | 18.0 months |
Grace Period (Months) | 0.1 months |
Total Cost of Credit | USD 710.55 |
True Price by Comp | |
Interest price component | 28.4% |
Fee Component | 2.7% |
Insurance Component | 1.4% |
Tax Component | 0 |
Deposit Component | 0 |
Full APR (int fee ins tax dep) | 32.5% |
Transparency Index | 89 |
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 ∞ |