Bosnia and Herzegovina
Institution: Mikrokreditna fondacija "LIDER"
> Product: Kredit za kućne radinosti
| Institution | Mikrokreditna fondacija "LIDER" |
| Country | Bosnia and Herzegovina |
| Purpose |
Business |
| Typical Initial Loan Amount | Number of Clients | Typical Term | Quoted Rate | Taxes | APR (int + fee + ins) | Number of Samples | Date Collected |
|---|---|---|---|---|---|---|---|
| 500-7,000 | 260 | 12 months | 11.00-14.40 % / Year | 20.7% - 27.7% | 4 | 2009-10-07 |
Product Interest Rates
20.7% - 27.7%
22.8% - 31.6%
Descriptive Info
Country Bosnia and Herzegovina
Kredit za kućne radinosti
Convertible marks
Kredit za mikro biznise i kućne radinosti
Scale of this product
300,000
260
41-60%
41-60%
Eligibility Criteria
- Must run a business
- Mora imati poslovnu aktivnost
- business activity is obligatory
Lending Methodologies
- Individual
Loan Amounts
500
7,000
Repayment Frequencies
- Monthly
Loan Term
3 months
18 months
12 months
Grace Period
Grace periods for 1% to 20% of loans
Interest
11%
14%
No
Year
Flat
Yes
No
Interest Rate Difference Reasons
- Other
I ciklus kamatna stopa 14,4%, V ciklus 11%
Fees
| Description of fee | Provizija za obradu kredita / commission for loan processing | |
Percentage of loan amount charge |
Min 1.50% |
Max 3.00% |
| Or, Fixed amount charged | ||
| Does this fee appear on the repayment schedule? | No | |
Taxes
Taxes paid by borrower PRIOR to or AT loan disbursement
Taxes paid by borrower DURING periodic loan repayments
Yes
Compulsory Savings
never required for this product
Yes
Savings Prior
Savings During
Interest Paid on Savings
Paid at end of loan term
Access only for final loan payment
User Comments
0
Payment Schedules
| Amount | Term | Repayment Frequency | Loan Cycle | Grace Period | Sample Disbursement Date | APR (int + fee + ins) | Payment Schedule |
|---|---|---|---|---|---|---|---|
| 800 | 12 Months | Monthly | Nov. 23, 2010 | 27.7% | Payment Schedule Pending | ||
| 1,000 | 12 Months | Monthly | Oct. 29, 2010 | 24.5% | Payment Schedule Pending | ||
| 3,000 | 24 Months | Monthly | Oct. 29, 2010 | 25.2% | Payment Schedule Pending | ||
| 4,000 | 36 Months | Monthly | Oct. 29, 2010 | 20.7% | Payment Schedule Pending |