Bosnia and Herzegovina

First Islamic Microcredit Foundation

Institution Type Other
Website http://www.islamic-relief.ba
Address
Jukićeva 75
 Sarajevo , Bosnia and Herzegovina
Num Branches 1
Num Clients 8,443
Year Started 2001

First Islamic Microcredit Foundation offers products in 1 currency

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Products: Convertible marks (BAM)

Product Name Loan Purpose

 Currency

 # Clients % Urban Loan Min Loan Max Loan Length
(months)		 Quoted Interest Rate Interest Rate Type # Loan Samples Calculated APR Calculated EIR
Orphan's credit Business BAM 69 500 4,000 12 0.0 % / Weeks Declining Balance 1 9.0 % 10.0 %
Social credit Business BAM 150 1,000 4,000 12 0.0 % / Weeks Declining Balance 2 9.0 % - 14.0 % 9.0 % - 14.0 %
Housing credit Housing BAM 823 1,000 5,000 12 0.0 % / Weeks Declining Balance 3 14.0 % - 14.0 % 14.0 % - 14.0 %
Business credit Business BAM 128 1,000 4,000 12 0.0 % / Weeks Declining Balance 3 14.0 % - 14.0 % 14.0 % - 14.0 %
Educational credit Business BAM 103 1,000 4,000 12 0.0 % / Weeks Declining Balance 2 9.0 % - 9.0 % 10.0 % - 10.0 %