MLF Borshud

Misión:

The mission of MLF Borshud is to introduce investments to lower the level of poverty and to raise living conditions in Tajikistan by providing access to small loans and leasing to improve production, storage, processing and marketing of agricultural production, and also to provide other ... Leer más

Antecedentes y principales retos:

Microloan Fund Borshud was founded by Mercy Corps and the public non-profit organization "Orion" using the funds of the Agricultural Microfinance program of Mercy Corps for the development of small and medium-sized agro-businesses in the Rasht and Tavildara valleys. The program in Soghd oblast ... Leer más

Dirección:

Firdavsi 5/3 apt. 53

Dushanbe

735067

Tajikistan

Teléfono:

(992 37) 231-38-77

Correo electrónico:

mrizvonov [at] mail [dot] ru

Productos y servicios:

Loans

Productos:

Borshud provides two types of credit: - Individual loans secured by property from the sum of $1500 to $6000, for terms from 2 months to 1 year, and; - Solidarity group loans, unsecured with terms to 1 year, from $200 to $1500. Under this, the areas of crediting are: - Loan for feeding and ... Leer más

Buscar (Tipos de Inversión):

Loans in Local Currency

Capacity Building Grants

Loans in US$

% Operaciones que incluyen MF:

91 - 100

Fecha en que se estableció:

Jan 1 2004

Fin de año fiscal:

31-Dec

Current Legal Status:

NGO

Regulada:

yes

Social Performance Profile


+ Mission specifics
+ Target markets (ranked by importance)
Clients living in rural areas	1
Women	2
+ Development goals (ranked by importance)
Poverty reduction	1
Increased access to financial services	2
Employment generation	3
Growth of existing businesses	4
+ Poverty targets
Poor clients
Low income clients
+ Governance
Has trained members of its board on social performance management
+ Range of products and services
+ Financial products and services offered
+ Credit products offered
Microcredit for household needs/consumption
SME loans
Loans for agriculture
+ Savings products offered
+ Compulsory insurance products required
+ Voluntary insurance products offered
+ Other financial products and services offered
Microleasing
+ Non-financial services offered
+ Enterprise services offered
+ Education services offered
Financial literacy education
+ Health services offered
+ Women's empowerment services offered
+ Products and services targeting the poor
Products and services specifically designed to target the poor:
+ Social responsibility to clients
+ Client protection principles in use
The loan approval process requires evaluation of borrower repayment capacity and loan affordability. Loan approval does not rely solely on guarantees (whether peer guarantees, co-signers or collateral) as a substitute for good capacity analysis.
Internal audits check household debt exposure, lending practices that violate procedures including unauthorized re-financing, multiple borrowers or co-signers per household, and other practices that could increase indebtedness.
Productivity targets and incentive systems value portfolio quality at least as highly as other factors, such as disbursement or customer growth. Growth is rewarded only if portfolio quality is high.
Prices, terms and conditions of all financial products are fully disclosed to the customer prior to sale, including interest charges, insurance premiums, minimum balances, all fees, penalties, linked products, third party fees, and whether these can change over time.
Staff is trained to communicate effectively with all customers, ensuring that they understand the product, the terms of the contract, their rights and obligations. Communications techniques address literacy limitations (e.g. reading contracts out loud, materials in local languages).
Acceptable and unacceptable debt collection practices are clearly spelled out in a code of ethics, book of staff rules or debt collection manual.
The organization's corporate culture values and rewards high standards of ethical behavior and customer service.
A mechanism to handle customer complaints is in place, has dedicated staff resources, and is actively used. (Suggestion boxes alone are generally not considered adequate.)
Customers know how their information will be used. Staff explains how data will be used and seeks permission for use.
+ Cost of services to clients
Declining balance interest method
+ Social responsibility to staff
+ Human resources
Transparency on salary (a clear salary scale based upon market salaries)
Benefits (medical insurance, pension contribution)
Protection at work (safety, anti-harassment)
Equality (anti-discrimination, equal pay for men and women with equivalent skill levels)
+ Basis of staff incentives related to social performance
Outreach to remote/rural communities
Outreach to women
Quality of interaction with clients based on client feedback mechanisms
Client retention/drop-out rate
Portfolio quality
+ Social responsibility to the environment
This institution raises clients' awareness about environmental impacts
+ Poverty measurement tools in use
Per capita household expenditure
Per capita household income