Our Rates

Effective from date: 08/04/2019

Name of product Loan amount (€) Annual interest (%) Monthly interest (%) Disbursement fee% (minimum 15€) Effective IR (%) Maximum loan term in months
Business Loan 250 – 25,000 14.38% – 25.48% 1.20% – 2.12% 1% – 2% 15.89% – 29.97% 60
Agriculture Loan 250 – 25,000 14.38% – 25.48% 1.20% – 2.12% 1% – 2% 15.89% – 29.97% 60
Home Improvement Loan 300 – 25,000 18.28% – 26.23% 1.52% – 2.19% 1% – 2% 20.45% – 30.94% 60
Life Improvement Loan 300 – 5,000 26.98% 2.25% 2% 31.91% 36
Auto Vehicle Registration 200 – 500 10% 0.83% 5% 21.71% 12
Women Entrepreneur Loan < 1,000 – 25,000 14.38% – 25.48% 1.20% – 2.12% 0% 15.37% – 29.97% 60

*Administrative Expenses (%)-Min 15 €
**Calculation of the effective interest rate is made by the maximum maturity (60-month) and maximum amount for the respective Annual Interest
***Note penalty interest applicable is 0.5% of the principal amount for each delayed day
****Confirmation of the closure of the loan is 20 €
*****Request for replacement of movable collateral is 20 €, and immovable is 30 €
******For loan Top-up, no administrative fees.