BAKU/18.12.13/TURAN : The active loan portfolio of the non-bank credit organization LLC CredAgro within 10 months of this year increased by $ 3 million or 9.3 percent to $ 35.13 million and in the portfolio the share of microcredit was 95.7 %.
Assets of the company during the reported period increased by $ 2.67 million or 7 % to $ 41.15 million and the total number of customers decreased by 5.8% to 17.8 thousand persons.
The share of problem loans in the total loan portfolio compared to the beginning of the year decreased by 0.46 percentage points to 0.52 %, and this share in microcrediting - by 0.44 percentage points to 0.54 %.
The company has issued loans totaling $ 317.14 million , including micro-credit - $ 316.96 million.
CredAgro provides loans for a period of 3 to 60 months. A loan amount varies from $ 500 to $ 120,000. The interest rate on agricultural loans is 24% , trade and business loans - 25-28 % , consumer loans - 30-36 % , express loans - 36% and leasing - 25 % per annum. - 15B-
Economics
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