Institution # Borrowers Portfolio (US$) Products Age of Data
Banco Solidario79,700221,716,0001175
CEPESIU2,000939,0004175
COAC 4 Octubre2,2005,771,0002175
COAC Ambato1,30016,415,0002175
COAC FondVida2,5004,200,0004175
COAC LaBenefica2,5008,482,0006175
COAC MCCH5,30010,020,0002175
COAC Nacional30,70027,129,0002175
COAC San José10,40029,133,0005175
COAC SanAntonio1,0002,384,0003175
COAC SantaAnita2,0002,532,0006175
Codesarrollo14,40040,328,0007175
Coop San Miguel1,8004,754,0005172
CooP VPR7001,052,0004175
Cooprogreso7,90032,244,0004175
Credi Fe100,900380,039,0004175
D^Miro36,90027,692,0009168
DECOF2,200705,0002175
Espoir62,10021,036,0005175
FODEMI28,20012,924,0003175
Fundacion Alternativa4,3005,545,0002175
FUNDAMIC2,0001,468,0002175
INSOTEC7,0006,047,0004175
Luz del Valle6,40011,300,0003175
ProCredit43,800211,941,0002175
PS Ambato5,6002,771,0001175
  2. FINCA
Please note that the information you are viewing is 125 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

FINCA J. Jabbarli str. 44Baku, AzerbaijanAZ 1065
Data approved: 2014-10-10
Data version: 3
Age of data: 125 months
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Product

Express Loan (AZN) Product 9 of 12 « Prev | Next »

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
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 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

Express Loan (AZN) samples
Type of Sample
Grace Period (Months)
Full APR (int fee ins tax dep)
True Price by Component
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
Express Loan (AZN) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeBusinessLoan PurposeFINCAInstitutionAZ-005-V03-P09ProductAZCountry2014YearRange Number3Institution Data Version05001,0001,5002,0002,5003,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 12,0009,1006,1003,000300Number of Borrowers
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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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