2. DQF
Please note that the information you are viewing is 144 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 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

DAASGIFT Quality Foundation - FNGO Head OfficeTakoradi, WesternPO Box TD 1369
Data approved: 2013-05-27
Data version: 2
Age of data: 144 months
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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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  • No previous version for this product.

Product

Energy (Solar Lanterns) Product 2 of 5 « Prev | Next »

Product

Individual Rural Loan (AZN) Product 12 of 12 « Prev | Next »

Product Summary

Number borrowers632
Loan Amount (range)GHS 80 - 950
Loan Term (range)3 - 6
Other Services (text summary)Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits
Annual Interest & Method24.00%-36.00% annual, Flat
FeesNone
InsuranceNone
TaxNone
Comp Dep10.00% upfront
Range of pricing 
Interest Price Component39.3% - 68.1%
Fee Component0
Insurance Component0
Tax Component Range0
Full APR (int fee ins tax dep)46.7% - 70.0%
Transparency Index (min/max)34 - 51
Transparency Index (average)41

Product Summary

61,742
AZN 100 - 8,000
3 - 36
24.5%-40.0% annual, Decl Bal
2.00%-3.00% upfront
None
None
N/A
 
21.8% - 38.4%
1.5% - 7.1%
0
0
27.9% - 43.0%
57 - 94
70

Product Details

Key Statistics
Outstanding portfolio (GHS)GHS 42,190
Portfolio (USD)USD 21,416.24
Active Clients with Loans632
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity groupx
Village banking
Self help group
Other
Description
Loans granted for the purchase of solar-powered lanterns, solar home systems, mobile phone chargers, televisions, refrigerators, radios, etc.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loanx
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business training
Other training
Other
Other (2)
No other services
Eligibility
Menx
Womenx
Must run a business
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 institution1
# Regions for this product1
Regions ActiveWestern Region

Product Details

Key Statistics
Outstanding portfolio (AZN)AZN 58,950,239
Portfolio (USD)USD 75,577,229.49
Active Clients with Loans61,742
Approximate % Female Clients20% - 40%
Approximate % Urban Clients0% - 20%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Rural producers engaged in crop planting, animal husbandry, market gardening, dairy production, other processing activities, households and trade of rural products.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculturex
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
CurrencyGHS
Minimum loan sizeGHS 80
Maximum loan sizeGHS 950
Distribution at Disbursement (Est.)
Loans less than GHS 1,000100%
GHS 1,000-5,0000
GHS 5,000-7,5000
GHS 7,500-10,0000
GHS 10,000-13,0000
Greater than GHS 13,0000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term6.0 months
Approx average4.5 months
Distribution at Disbursement (Est.)
Loans 3 months or less30%
Between 4 and 6 months70%
Between 7 and 9 months0
Between 10 and 12 months0
Between 13 and 18 months0
Longer than 18 months0
Grace Period
Grace period usage0
Average grace period0
Repayment Frequency
Daily
Weeklyx
Every 2 weeksx
Every 4 weeks
Monthlyx
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment
Irregular payments

Loan Conditions

Loan Amount
CurrencyAZN
Minimum loan sizeAZN 100
Maximum loan size8,000
Distribution at Disbursement (Est.)
Loans less than AZN 1,00040%
AZN 1,000-5,00060%
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 average14.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months60%
Between 13 and 18 months40%
Longer than 18 months0
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 interest2.00%
Highest quoted nominal interest3.00%
Reason(s) why interest rate variesBranch, Time as Client, Loan Size, Client Risk, Collateral, Loan Purpose
Interest rate periodMonthly
Interest Rate Calculation MethodFlat
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
This product has no ongoing insurance fees
Compulsory Deposit
Required forAll
CriteriaN/A
Is deposit indicated on the repayment schedule?Yes
Do borrowers control deposit in their group?Yes
Deposit BEFORE or AT Disbursement
% loan amount deposited10.00%
or, Fixed-amount deposited0
Deposits DURING period payments
% loan amount deposited0
or, Fixed-amount deposited0
Conditions on access to depositAccess During
Interest Paid on Deposit
Minimum interest rate paid0
Maximum interest rate paid0
Interest payment frequencyN/A
Taxes
Are taxes charged on this product?No

Pricing Information

Interest
Lowest quoted nominal interest24.50%
Highest quoted nominal interest40.00%
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 variationThe variation is due to loan term. 2% on the term upto 12 months and 3% on higher than 12 months
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

Energy (Solar Lanterns) samples
Sample 1Sample 2Sample 3Sample 4
Loan AmountGHS 299GHS 375GHS 720GHS 780
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot Known
Disbursement Date2013-04-152012-12-212013-03-072013-02-10
Loan Term (Months)6.0 months6.0 months6.0 months6.0 months
Grace Period (Months)0.0 months0.0 months0.0 months-0.1 months
Total Cost of CreditGHS 35.80GHS 45GHS 129.60GHS 140.40
True Price by Comp       
Interest price component39.3%39.5%57.6%59.1%
Fee Component0.0%0.0%0.0%0.0%
Insurance Component0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%
Deposit Component7.4%7.5%10.5%10.9%
Full APR (int fee ins tax dep)46.7%47.0%68.1%70.0%
Transparency Index51513534
        
Original Repayment SchedulePDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDF

Full Pricing Data

Individual Rural 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 10,000 Real 2014-10-01 24.4 months N/A AZN 3,897 34.3% 31.0% 3.3% 0.0% 0.0% 0.0% 71 PDF PDF
AZN 10,000 Generated 2014-10-01 24.3 months 0.0 months AZN 3,814.64 33.9% 30.6% 3.3% 0.0% 0.0% 0.0% 72 - PDF
AZN 5,000 Real 2014-06-06 12.2 months N/A AZN 1,225 43.0% 37.0% 6.0% 0.0% 0.0% 0.0% 86 PDF PDF
AZN 5,000 Generated 2014-10-01 12.1 months 0.0 months AZN 1,142.69 40.5% 36.5% 4.0% 0.0% 0.0% 0.0% 61 - PDF
AZN 100 Generated 2014-10-01 12.1 months 0.0 months AZN 19.91 35.6% 31.6% 4.0% 0.0% 0.0% 0.0% 69 - PDF
AZN 115 Generated 2014-10-01 24.3 months 0.0 months AZN 49.88 37.7% 35.5% 2.2% 0.0% 0.0% 0.0% 65 - PDF
AZN 720 Generated 2014-10-01 12.1 months 0.0 months AZN 139.15 34.6% 30.6% 4.0% 0.0% 0.0% 0.0% 71 - PDF
AZN 960 Generated 2014-10-01 12.1 months 0.0 months AZN 225.09 41.5% 37.4% 4.1% 0.0% 0.0% 0.0% 59 - PDF
AZN 2,400 Generated 2014-10-01 12.1 months 0.0 months AZN 577 42.4% 38.4% 4.0% 0.0% 0.0% 0.0% 58 - PDF
AZN 2,760 Generated 2014-10-01 24.3 months 0.0 months AZN 857.46 27.9% 25.7% 2.2% 0.0% 0.0% 0.0% 88 - PDF
Energy (Solar Lanterns) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeMultipleLoan PurposeDQFInstitutionGH-017-V02-P02ProductGHCountry2013YearRange Number2Institution Data Version0200400600800Loan Size (all)0%20%40%60%Full APR (int fee ins tax dep)> 60030030Number of Borrowers
Click to view Price Analysis Tool
Individual Rural Loan (AZN) Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NBFIInstitution TypeMultipleLoan PurposeFINCAInstitutionAZ-005-V03-P12ProductAZCountry2014YearRange Number3Institution Data Version02,0004,0006,0008,00010,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 22,00016,00011,0005,500600Number of Borrowers
Click to view Price Analysis Tool
Caps / Zoom options
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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