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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Interest rates in Bosnia and Herzegovina

APR (int + fee + ins):Interest + Fees + Insurance
EIR (int + fee + ins):Interest + Fees + Insurance
 

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 APR (int + fee + ins)
Educational credit Business None BAM 103 1,000 4,000 12 0.0 % / Weeks Declining Balance 2 9.0%
Business credit Business None BAM 128 1,000 4,000 12 0.0 % / Weeks Declining Balance 3 14.0%
Housing credit Housing None BAM 823 1,000 5,000 12 0.0 % / Weeks Declining Balance 3 14.0%
Social credit Business None BAM 150 1,000 4,000 12 0.0 % / Weeks Declining Balance 2 9.0% - 14.0%
Orphan's credit Business None BAM 69 500 4,000 12 0.0 % / Weeks Declining Balance 1 9.0%