2. Turanbank
Please note that the information you are viewing is 181 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

TuranBank ASC IsmayÄlbey QutkaşÄnlÄ kàçsi 85Baku, Baku1000
Data approved: 2010-05-24
Data version: 1
Age of data: 181 months

Product

Mikro kreditler Product 4 of 5 « Prev | Next »

Product Details

Key Statistics
Outstanding portfolio (AZN)AZN 25,000
Portfolio (USD)USD 32,051.28
Active Clients with Loans477
Approximate % Female Clients20% - 40%
Approximate % Urban Clients60% - 80%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
YalnÄz sahibkarlÄq v kicik biznes àçàn verilir. Əsas vsaitlrin artÄrÄlmasÄ, dàvriyy vsaitlrinin artÄrÄlmasÄ.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household financex
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 land
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 institution3
# Regions for this product3
Regions ActiveAbsheron, Ganja-Qazakh, Shaki-Zaqatala

Loan Conditions

Loan Amount
CurrencyAZN
Minimum loan sizeAZN 50
Maximum loan size10,000
Loan Term and Grace Period
Shortest loan term3.0 months
Longest loan term18.0 months
Approx average12.0 months
Grace Period
Grace period usage0
Average grace periodDK
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 interest29.00%
Highest quoted nominal interest32.00%
Reason(s) why interest rate variesTime as Client, Client Risk
Interest rate periodYearly
Interest Rate Calculation MethodFlat
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
Fee 1
DescriptionBorcalanÄn heyat sigortasi
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min5
Fixed amount - max585
Reason for variation
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

Mikro kreditler samples
Sample 1Sample 2Sample 3Sample 4Sample 5Sample 6
Loan AmountAZN 800AZN 850AZN 1,400AZN 3,000AZN 6,400AZN 6,650
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot KnownNot KnownNot KnownNot Known
Disbursement Date2009-11-062009-11-022010-04-212009-10-302010-03-292009-11-24
Loan Term (Months)18.0 months12.0 months12.0 months12.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot KnownNot KnownNot KnownNot Known
True Price by Comp           
Interest and Fee Component37.5%38.2%37.9%34.0%28.0%28.1%
Insurance Component0.0%0.0%0.0%0.0%0.0%0.0%
Tax Component0.0%0.0%0.0%0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%0.0%0.0%0.0%
Full APR (int fee ins tax dep)37.5%38.2%37.9%34.0%28.0%28.1%
Transparency Index77767685100100
            
Original Repayment SchedulePDFPDFPDFPDFPDFPDF
MFT Pricing CalculationPDFPDFPDFPDFPDFPDF
Mikro kreditler Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeMultipleLoan PurposeTuranbankInstitutionAZ-009-V01-P04ProductAZCountry2010YearRange Number1Institution Data Version02,0004,0006,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 90405Number of Borrowers** Note: not all bubble sizes in this graph represent number of borrowers, as some samples do not have this data available. These bubbles are shown as a uniform small size. The pop-up text on each bubble will indicate the product scale and the sample scale.
Click to view Price Analysis Tool
Institution # Borrowers Portfolio (US$) Products Age of Data
ACB-SA4,3351,476,2886147
Comicoka827758,4354147
COOJAD511823,2156147
COOPEDU2,0297,549,8359147
Duterimbere6,6074,365,0443147
Goshen2,0763,716,0085165
Inkingi2,6482,593,3665165
RML4,9603,473,7813147
UCU3,3911,603,5244147
Urwego37,90014,755,0006
Vision Finance14,2263,474,6466165
Wisigara2,177904,7083147
Zamuka253124,4453147
Zigama CSS53,80659,670,7532165
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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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