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LOANS ISSUED | 3 Months Ended
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Dec. 31, 2021
Loans and Leases Receivable Disclosure [Abstract] |
Loans Issued | LOANS ISSUED Loans issued as of December 31, 2021, consisted of the following:
| Amount Outstanding |  | Due Dates |  | Average Interest Rate |  | Fair Value of Collateral |  | Loan Currency
Mortgage loan | $ | 19,874 |  |  | February 2023 - September 2036 |  | 15.19 | % |  | $ | 19,846 |  |  | KZT
Uncollateralized bank customer loans | 16,075 |  |  | January 2022 - December 2036 |  | 18.22 | % |  | — |  |  | KZT
Subordinated loan | 5,132 |  |  | December 2022-April 2024 |  | 4.89 | % |  | — |  |  | USD
Subordinated loan | 1,358 |  |  | September 2029 |  | 7.00 | % |  | — |  |  | UAH
| $ | 42,439 |  |  |  |  |  |  |  |  |
During the nine months ended December 31, 2021, the Company entered into agreements with a related party microfinance organization to purchase uncollateralized consumer retail loans. The agreements provide the Company the ability to sell back to the microfinance organization up to $9,263 of the total loans purchased. The Company has determined that it has assumed substantially all of the risks and rewards from the transferor of the loans, with the exception of the amount it has the right to sell back to the transferor, accordingly the Company has received control of the loans and has recognized the loans on its Condensed Consolidated Balance Sheets. During the nine months ended December 31, 2021, the Company purchased loans in the aggregate amount of $29,020 and sold back loans totaling $6,828 to the microfinance organization. As of December 31, 2021, the Company held outstanding loans purchased from the microfinance organization totaling $16,802, net of an allowance of $727. Loans issued as of March 31, 2021, consisted of the following:
| Amount Outstanding |  | Due Dates |  | Average Interest Rate |  | Fair Value of Collateral |  | Loan Currency
Subordinated loan | $ | 5,033 |  |  | December 2022-April 2024 |  | 3.69 | % |  | $ | — |  |  | USD
Uncollateralized non-bank loan | 2,382 |  |  | January 2022 – February 2022 |  | 3.00 | % |  | — |  | USD
Subordinated loan | 1,331 |  |  | September 2029 |  | 7.00 | % |  | — |  | UAH
Bank customer loans | 880 |  |  | March 2024 |  | 15.41 | % |  | 729 |  | KZT
| $ | 9,626 |  |  |  |  |  |  |  |  |

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- Definition The entire disclosure for long-term debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -URI http://asc.fasb.org/topic&trid=2208564 + Details
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