Household money

Microfinance organization Home Money LLC - operates in the Russian microfinance market, specializes in issuing microloans to the population at home through a network of agents. It was founded in 2007.

Home Money is the founder of the non-profit partnership of microfinance organizations Microfinance and Development (NP MiR). Home Money is part of the Adela Financial Retail Group, which also includes: collection agency Sequoia Credit Consolidation, microfinance organization Finotdel and independent credit broker Fosoborn Home.

The company's clients are more than 200 thousand citizens living in more than 370 cities in 50 regions of the Russian Federation. The company employs over 4 thousand employees.

General Loan Scheme

The essence of transformation coding lies in the compression of the frequency domain of the image, and not spatial. For conversion to the frequency domain, DCT is most often used, which has a sufficient energy compaction property and is quite easily calculated.

Analysis of EXIF meta-information is the simplest way to detect the fact of editing.

• It is worth paying attention to the fields: Software, Create date/Edit date, Lat/Lon
• Pros of the method: Ease of implementation, Speed of operation, Ability to automatically analyze
• Method cons: Arbitrary tag names EXIF. Editing data is easy

Artifact analysis (JPEG). The JPEG algorithm uses DCT to reduce the size of the photo. The resulting artifacts are different for different images.

• Pros of the method: Relative ease of implementation. Automatic Analysis Capability
• Method cons: Stops working after resizing or multiple saves

Method of main components. Most of the pixels in real images are concentrated in a small area, the pasted parts of the image will stand out strongly.

• Pros of the method: Resistant to saving
• Method cons: Implementation complexity. False positives. Only suitable for color images. Difficulty with automatic analysis

The CLONES algorithm allows you to find repeating blocks in the image that signal insertion/modification.

• Pros of the method: Detects copying parts of the original image
• Minus method: Very high computational complexity

History and Performance Indicators

2023:5 years in prison for company founder

On July 17, 2023, the Khoroshevsky District Court of Moscow sentenced Yevgeny Bernstam, founder of the Home Money microcredit organization, to five years in a general regime colony. The businessman was found guilty of committing 76 crimes under Part 4 of Art. 159 of the Criminal Code of the Russian Federation (fraud on an especially large scale), according to the Telegram channel of Moscow courts of general jurisdiction. Read more here.

2019: Bankruptcy proceedings

On February 26, 2019, it became known that the Moscow Arbitration Court recognized the application of the Deposit Insurance Agency (DIA) on the bankruptcy of the microfinance company (IFC) Home Money as justified and introduced a monitoring procedure in it (based on its results, a decision may be made on the insolvency of the company or on the continuation of its work), reports Prime.

DIA is the bankruptcy trustee of the bankrupt Interkommerts bank. The arbitration recognized the debt of Home Money to the bank for 2.8 billion rubles. and included it in the register of creditors' claims. In total, IFC owes banks under the management of the agency 3.25 billion rubles. In addition, the company owed individuals who provided her loans and bought her bonds.

The representative of the debtor previously stated in court that there are no signs of bankruptcy at Home Money, since the company has receivables worth 15 billion rubles. and she intends to start collecting this money.

Creditors have already secured bankruptcy in the court of the British Virgin Islands of the parent company "Home Money" - Adela Financial Retail Group. And at the end of January, the Moscow arbitration, with the filing of the DIA, launched the bankruptcy of IFC beneficiary Yevgeny Bernstam, introducing a debt restructuring procedure in relation to him (the first stage of bankruptcy of an individual) and seizing the property.

2018: Central Bank excludes Home Money from MFO register

At the end of August 2018, the Bank of Russia excluded from the register the oldest microfinance company Home Money, which is on the verge of bankruptcy. From that moment on, IFC no longer has the right to issue loans, but can work on previously issued loans. The decision of the Central Bank actually leaves no chance for the company's management to agree on the restructuring of IFC's obligations to creditors.

2016

Net profit of 40 million rubles

The company's EBITDA increased by 182% (from RR 356 million in 2015 to RR 1,003 million in 2016), net profit increased by 1,224% (from RR 76 million to RR 1,006 million in 2016), the company's capital in 2016 amounted to RR 967 million.

The company's presence in settlements increased by 22% from 3.6 thousand settlements to 4.4 thousand settlements.

Sales exceeded 4.9 billion rubles, the amount of fees received to pay off debt on loans is more than 8.8 billion rubles. Since the beginning of its activities, the company has provided 1.24 million loans totaling more than 29 billion rubles.

The gross portfolio of loans to individuals at the end of the fourth quarter of 2016 exceeds the value for the same period of 2015 year by 10% and amounts to 7.2 billion rubles.

A significant increase in accrued reserves in the fourth quarter of 2016 and a decrease in the volume of the net portfolio are associated with an increase in the reserve rate from 30% to 60% of the estimated amount, according to the instructions of the Central Bank of the Russian Federation (No. 3321-U of 14.07.2014), and does not reflect a sharp change in the quality of the company's portfolio.

"Home money" was given out using a smartphone 5.4 billion rubles

Since the launch of the Digital Cash app in 2014, the company's agents have issued 5.4 billion loans using a smartphone alone . The number of downloads of the Digital Cash Clients mobile application exceeds 55 thousand people. About 25 thousand people cooperate with the company using the Digital Cash Everyone mobile application.

2015: Home Money launches automatic debt collection system

The company "Home Money" launched in February 2015 a system of working with debtors. Now a special IT program developed by the Company independently selects the client agreement in the Company's database, makes a call to the client and immediately connects it with a collection service specialist when dialing. The implementation of this system made it possible to double the recovery efficiency.

The uniqueness of the system is in the automatic determination of the potential for recovery of the borrower and work with several of its contact channels at once. Algorithms for selecting contracts for collection take into account the specifics of clients of microfinance organizations. Based on data analysis (age, profession, payment discipline and a number of others), the system selects contracts and makes an automatic call simultaneously over many lines, freeing collection service operators from waiting for dialing.

2014: Call Center "Home Money" processed more than 2.6 million calls in 2014

In 2014, the call center of Home Money processed about 2.6 million calls, which is 20% more than in 2013. The number of applications submitted to the call center exceeded 600 thousand, the number of consultations amounted to about 550 thousand.

The Company's modern, technological call center allows us to maintain and effectively develop relations with existing clients, attract new borrowers, and preserve the history of relationships in the CRM system. The call center "Home Money" is today the largest among the MFIs of Russia. The number of call center employees is more than 250 people. For the entire time of his work, the call center received about 8 million calls.

The flow of calls is organized on dedicated 4 incoming lines: work with existing clients, potential clients, line for sales managers and VIP clients of the product "Your income," as well as on 3 dedicated outgoing lines: telemarketing, request service and post-check.

To train call center employees, various tools are used - from the presence of a staff of highly professional training coaches to a distance learning system - which significantly reduces the adaptation time of employees and improves the quality of their work. The remote training system for call center personnel successfully prepares qualified personnel both for work in their own operating rooms and remotely. The qualification of employees is checked every month.

July 2014, the Expert RA rating agency confirmed the credit rating of Home Money at the A level "High Reliability Level" and the reliability rating of a microfinance organization at the A++.mfi level "Highest Reliability Level." The Company has audited reports on IFRS and. RAS

2013

In October 2013, the company entered the exchange-traded bonds market, successfully placing the issue of BO-01 series securities in the amount of 1 billion rubles, with a circulation period of 3 years. The company's securities are included in the level II quotation list of MICEX FB CJSC.

2012

Home Money was the first among microfinance organizations to enter the public borrowing market, placing in May 2012 the debut issue of corporate bonds in the amount of 1 billion rubles, with a circulation period of 3 years.

2011

The company operates in 50 regions of the Russian Federation and has already issued more than 140,000 loans worth over 3.1 billion rubles. On July 8, 2011, Home Money issued a Certificate of Entry of Information about a Legal Entity into the State Register of Microfinance Organizations. In December 2011, the Expert RA rating agency assigned Home Money a reliability rating of microfinance organizations A +.mfi "Very high reliability level," in June 2012 a rating "A is a high level of creditworthiness." In May 2012, Home Money successfully placed the debut issue of Series 01 bonds with a total face value of RUB 1 billion.