2. DemirBank
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
  2. FMSD
Please note that the information you are viewing is 171 months old and may not represent the prices currently charged. If you represent this MFI and wish to update your information, click HERE

Institution

DemirBank 31 Garabagh str., Baku.,AZ 1008Baku, BakuAZ1008
Data approved: 2014-09-18
Data version: 1
Age of data: 125 months

Institution

Fundación Mario Santo Domingo Carrera 45 N° 34-01 Piso 2Barranquilla, Atlántico
Data approved: 2011-08-01
Data version: 1
Age of data: 171 months

Product

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Product

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Product Summary

Number borrowers9,849
Loan Amount (range)AZN 500 - 10,000
Loan Term (range)3 - 36
Other Services (text summary)Credit Ins
Annual Interest & Method28.0%-34.0% annual, Decl Bal
Fees1.00% upfront 10.00-100.00 upfront
Insurance10.00-120.00 upfront
TaxNone
Comp DepN/A
Range of pricing 
Interest Price Component27.7% - 32.6%
Fee Component1.3% - 9.3%
Insurance Component1.5% - 11.7%
Tax Component Range0
Full APR (int fee ins tax dep)30.5% - 43.6%
Transparency Index (min/max)60 - 85
Transparency Index (average)68

Product Summary

148
COP 10,000,000 - 61,800,000
6 - 60
Credit Educ, Group Mtgs, Credit Ins, Tech Asst Visits, Business Training
22.0%-28.0% annual, Decl Bal
1.00%-2.00% ongoing 37,120.00 ongoing
1.35%-3.10% upfront 3.00% ongoing
None
N/A
 
N/A
26.9% - 27.9% (Int+Fee)
0 - 7.2%
0
31.4% - 32.0%
0 - N/A
69

Product Details

Key Statistics
Outstanding portfolio (AZN)AZN 19,247,182
Portfolio (USD)USD 24,675,874.36
Active Clients with Loans9,849
Approximate % Female Clients20% - 40%
Approximate % Urban Clients40% - 60%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Cash loan issued to consumer client based on their monthly income for any personal use.
Loan Purpose
Any purposex
Income generation
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit education
Group meetings
Credit insurancex
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 workerx
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institution7
# Regions for this product8
Regions ActiveAbsheron, Ganja-Qazakh, Shaki-Zaqatala, Lankaran-Astara, Quba-Khachmaz, Orta Kur, Daglig-ShirvanKur

Product Details

Key Statistics
Outstanding portfolio (COP)COP 1,989,277,900
Portfolio (USD)USD 1,093,009.84
Active Clients with Loans148
Approximate % Female Clients40% - 60%
Approximate % Urban Clients80% - 100%
Methodology
Individualx
Solidarity group
Village banking
Self help group
Other
Description
Crédito destinado a financiar los recursos requeridos por la unidad económica para\rla operación de un negocio.
Loan Purpose
Any purpose
Income generationx
Mortgage/housing
Consumer loan
Agriculture
Education
Other household finance
Other
Other (2)
Included Services
Credit educationx
Group meetingsx
Credit insurancex
Workplace visitsx
Business trainingx
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 worker
Must be specific age group
Other
Other (2)
# Borrowers by Product
Portfolio Size by Product
Geographic Coverage
# Regions for this institutionN/A
# Regions for this productN/A
Regions Active

Loan Conditions

Loan Amount
CurrencyAZN
Minimum loan sizeAZN 500
Maximum loan size10,000
Distribution at Disbursement (Est.)
Loans less than AZN 1,00015%
AZN 1,000-5,00070%
AZN 5,000-8,00010%
AZN 8,000-11,0005%
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 average24.0 months
Distribution at Disbursement (Est.)
Loans 3 months or less0
Between 4 and 6 months0
Between 7 and 9 months0
Between 10 and 12 months30%
Between 13 and 18 months30%
Longer than 18 months40%
Grace Period
Grace period usage0
Average grace period0
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

Loan Conditions

Loan Amount
CurrencyCOP
Minimum loan sizeCOP 10,000,000
Maximum loan size61,800,000
Loan Term and Grace Period
Shortest loan term6.0 months
Longest loan term60.0 months
Approx average0
Grace Period
Grace period usage0
Average grace period0
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 interest28.00%
Highest quoted nominal interest34.00%
Reason(s) why interest rate variesTime as Client, 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 1Fee 2
DescriptionComission FeeDocument charge
% of loan amount - min1.00%0
% of loan amount - max1.00%0
OR, Fixed amount - min010
Fixed amount - max0100
Reason for variation1% is for documenting charges, 1% for cash disbursmentN/A
Appears on Repayment Sched?NoNo
Ongoing Fees
This product has no ongoing fees
Upfront Insurance Fees
Ins 1
DescriptionAccident Insurance
% of loan amount - min0
% of loan amount - max0
OR, Fixed amount - min10
Fixed amount - max120
Reason for variationIt is determined according to the loan amount.
Appears on Repayment Sched?No
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

Pricing Information

Interest
Lowest quoted nominal interest22.00%
Highest quoted nominal interest28.00%
Reason(s) why interest rate variesTime as Client, Loan Size, Client Risk, Collateral
Interest rate periodYearly
Interest Rate Calculation MethodDecl Bal
Subsidized by funder request?
Is rate fixed for entire loan termYes
Upfront Fees
This product has no upfront fees
Ongoing Fees
Fee 1Fee 2
DescriptionComisio de microcredito autorizada por el Consejo Superior de la MicroempresaPapeleria
% of loan amount - min1.00%0
% of loan amount - max2.00%0
OR, Fixed amount - min037,120
Fixed amount - max037,120
Reason for variationN/AN/A
Appears on Repayment Sched?YesYes
Upfront Insurance Fees
Ins 1
DescriptionGarantia fondo nacional de garantias (cobrado anualmente)
% of loan amount - min1.35%
% of loan amount - max3.10%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
Ongoing Insurance Fees
Ins 1
DescriptionSeguro deudores
% of loan amount - min3.00%
% of loan amount - max3.00%
OR, Fixed amount - min0
Fixed amount - max0
Reason for variationN/A
Appears on Repayment Sched?Yes
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
Additional Comments
La prima del seguro de deuda es asumido por la Fundación para saldos hasta de $1... La prima sobre saldos superiores a esta suma se liquidan en el plan de pagos a cargo de los deudores.\rPara clientes que aporten una garantía real o amparados por un convenio institucional, no se les exige el amparo del Fondo Nacional de Garantías.

Full Pricing Data

Cash Loan 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 900 Real 2014-08-25 18.3 months N/A AZN 231.77 30.5% 27.7% 1.3% 1.5% 0.0% 0.0% 85 PDF PDF
AZN 900 Generated 2014-11-01 18.0 months N/A AZN 228.18 32.4% 27.7% 3.1% 1.6% 0.0% 0.0% 80 - PDF
AZN 2,600 Real 2014-07-22 12.2 months N/A AZN 592 41.6% 27.9% 2.0% 11.7% 0.0% 0.0% 63 PDF PDF
AZN 2,600 Generated 2014-11-01 12.0 months N/A AZN 549.09 40.3% 27.7% 2.8% 9.8% 0.0% 0.0% 65 - PDF
AZN 1,000 Generated 2014-11-01 12.0 months N/A AZN 226.19 43.6% 27.7% 9.3% 6.6% 0.0% 0.0% 60 - PDF
AZN 1,500 Generated 2014-11-01 12.0 months N/A AZN 321.78 41.0% 27.7% 7.6% 5.7% 0.0% 0.0% 63 - PDF
AZN 2,000 Generated 2014-11-01 12.0 months N/A AZN 423.97 40.1% 29.6% 6.2% 4.3% 0.0% 0.0% 65 - PDF
AZN 3,100 Generated 2014-11-01 18.0 months N/A AZN 940.58 39.5% 30.6% 3.9% 5.0% 0.0% 0.0% 66 - PDF
AZN 4,000 Generated 2014-11-01 24.0 months N/A AZN 1,510.82 37.2% 30.6% 3.0% 3.6% 0.0% 0.0% 70 - PDF
AZN 6,500 Generated 2014-11-01 24.0 months N/A AZN 2,487.91 37.3% 32.6% 2.4% 2.3% 0.0% 0.0% 70 - PDF

Full Pricing Data

Créditos superiores samples
Sample 1Sample 2Sample 3
Loan AmountCOP 20,000,000COP 20,000,000COP 30,000,000
Loan Cycle (1, 2, 3, etc)Not KnownNot KnownNot Known
Disbursement Date2011-05-272011-05-252011-05-20
Loan Term (Months)18.0 months24.0 months24.0 months
Grace Period (Months)0.0 months0.0 months0.0 months
Total Cost of CreditNot KnownNot KnownNot Known
True Price by Comp     
Interest and Fee Component27.3%27.9%26.9%
Insurance Component4.5%4.1%4.5%
Tax Component0.0%0.0%0.0%
Deposit Component0.0%0.0%0.0%
Full APR (int fee ins tax dep)31.8%32.0%31.4%
Transparency Index696970
      
Original Repayment SchedulePDFPDFPDF
MFT Pricing CalculationPDFPDFPDF
Cash Loan Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.BankInstitution TypeAnyLoan PurposeDemirBankInstitutionAZ-013-V01-P01ProductAZCountry2014YearRange Number1Institution Data Version02,0004,0006,000Loan Size (all)0%10%20%30%40%Full APR (int fee ins tax dep)> 1,9001,40090040050Number of Borrowers
Click to view Price Analysis Tool
Créditos superiores Price Graphs
0100Pricing Transparency IndexRegulated Inst.Not Regulated Inst.NGOInstitution TypeBusinessLoan PurposeFMSDInstitutionCO-019-V01-P03ProductCOCountry2011YearRange Number1Institution Data Version05,000,00010,000,00015,000,00020,000,00025,000,00030,000,000Loan Size (all)0%10%20%30%Full APR (int fee ins tax dep)> 30102Number 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
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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