Institution Type | Bank |
Is this institution regulated? | Yes |
Website address | http://www.parabank.az/ |
Year established | 1991 |
Head of Institution | Vali Guliyev |
Regions active | Absheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-ShirvanKur |
# Branches | 16 |
Total Portfolio (nat'l) | AZN 64,721,000 |
Total Portfolio (USD) | USD 82,975,641.03 |
Active clients with loans | 7,573 |
Approximate % female clients | 40% - 60% |
Approximate % urban clients | 0% - 20% |
Network affiliations | |
Funders |
Product Name | Loan Size Range | Loan Term (months) | % Female | % Urban | Loan Purpose | Eligibility | Other Services | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Loans | AZN 1,000 - 20,000 | 3 - 24 | 20% - 40% | 0% - 20% | Any Purpose | Women, Men, Have home or land, Salaried worker | Credit Educ, Credit Ins | |||||||
Group Loans | AZN 500 - 2,000 | 3 - 18 | 20% - 40% | 0% - 20% | Business | Women, Men | Credit Educ, Group Mtgs, Credit Ins | |||||||
Micro Loans | AZN 1,000 - 20,000 | 6 - 18 | 20% - 40% | 40% - 60% | Business | Women, Men, Have business | Credit Educ, Group Mtgs, Credit Ins |
Product Name | Annual Nominal Interest | Fees | Insurance | Taxes | Compulsory Deposit | APR (int+fee) | Full APR | Transparency Index | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Consumer Loans | 24.0%-36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 27.8% - 38.1% | 27.8% - 38.1% | 77 | ||||||||
Group Loans | 24.0%-36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 24.3% - 37.7% | 24.3% - 37.7% | 81 | ||||||||
Micro Loans | 24.0%-36.0% annual, Decl Bal | 1 Fee | 0 Ins | None | N/A | 33.9% - 43% | 33.9% - 43% | 63 |
Institution | # Borrowers | Portfolio (US$) | Products | Age of Data |
---|---|---|---|---|
ABT | 25,400 | 37,378,000 | 2 | 127 |
AKIBA | 26,900 | 36,852,000 | 4 | 141 |
BELITA | 5,800 | 492,000 | 1 | 141 |
BRAC Tanzania | 102,300 | 19,663,000 | 2 | 141 |
F & K Finance | 0 | 38,000 | 1 | 163 |
FINCA Tanzania | 78,400 | 31,517,000 | 3 | 123 |
FMFC | 1,500 | 392,000 | 6 | 141 |
K-Finance Ltd | 1,000 | 264,000 | 2 | 141 |
Mbinga | 1,000 | 2,986,000 | 3 | 141 |
MCBL | 3,600 | 2,837,000 | 6 | 141 |
MDF Tanzania | 600 | 148,000 | 1 | 141 |
NMB | 45,100 | 74,528,000 | 1 | 141 |
Opportunity | 8,600 | 3,018,000 | 3 | 141 |
PRIDE Tanzania | 104,400 | 33,321,000 | 3 | 141 |
PTF | - | N/A | 141 | |
Selfina | 8,000 | 3,773,000 | 2 | 163 |
Tujijenge Tanzania | 10,000 | 2,060,000 | 4 | 141 |
VF^Tanzania | 34,390 | 7,613,000 | 4 | 135 |
Victoria | 100 | 377,000 | 3 | 163 |
YOSEFO | 17,100 | 2,211,000 | 3 | 163 |
Key Statistics | |
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# 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 |
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