<ARTICLE> 5

                                       
<PERIOD-TYPE>                             6-MOS
<FISCAL-YEAR-END>                          APR-30-2000
<PERIOD-END>                               OCT-31-1999
<CASH>                                      23,814,266
<SECURITIES>                                         0
<RECEIVABLES>                              215,469,837
<ALLOWANCES>                                 1,945,074
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                             288,512,186
<CURRENT-LIABILITIES>                                0
<BONDS>                                    242,429,982
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                         5,567
<OTHER-SE>                                  28,640,140
<TOTAL-LIABILITY-AND-EQUITY>               288,512,186
<SALES>                                     19,672,457
<TOTAL-REVENUES>                            19,672,457
<CGS>                                        7,864,683
<TOTAL-COSTS>                                7,864,683
<OTHER-EXPENSES>                             8,434,107
<LOSS-PROVISION>                             3,068,572
<INTEREST-EXPENSE>                                   0
<INCOME-PRETAX>                              2,327,288
<INCOME-TAX>                                   849,460
<INCOME-CONTINUING>                          1,477,828
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 1,477,828
<EPS-BASIC>                                     0.27
<EPS-DILUTED>                                     0.27