The Digital Credit aims to meet the consumer needs of our market, quickly and easily in terms of documentation and collateral.

The advantages of this product are as below:

-Very simple and quick application process;
-Very quick loan approval and immediate disbursement – The digital lending helps reduce loan approval time from several days to only several minutes, using automated processes, through the use of technology and artificial intelligence;
-Simplified documentation for application, only a single identification document (identity card or valid passport);
-Digital signature only with a click;

Login to the Portal, where every customer (portal user) can check in real time every condition of the loan received (remaining amount, payments made, liabilities by item, loan agreement, repayment schedule etc.)

Potential customers can apply for this product through three different channels:
-Online Application from WEB;
-Applications in Digital Branch;
-Direct Application to our Partners.

Beneficiaries:
-Any Albanian individual, employed or self-employed, resident in Albania;
-The applicant’s age for this loan is from 21 until 65 at the loan maturity;
-Every customer, first time, closed and/or active in branches of Fondi BESA sh.a.

LOAN CHARACTERISTICS:

AMOUNT	Up to 200,000 ALL
CURRENCY	LEK
TERM	3- 36 months
INTEREST RATE (annual)	10%
Commitment Fee in % Applied to the principal amount and divided by the term.	Depending on the duration of the selected loan, distributed in monthly installments (from 5.5% up to 19.1%)
Administration Commission in % Applied to the principal amount.	Depending on the duration of the selected loan, distributed in monthly installments (from 0.5% up to 2%)
Required documentation for application (part of the loan file)	If employed / self-employed: 1. Identity card/passport of the borrower 2. No endorser needed 3. By contact person 4. Salary certificate from e-albania 5. Income Self-Declaration Form If the activity is licensed: 1. Identity card/passport of the borrower 2. No endorser 3. By contact person 4. Salary certificate by e-albania 5. Income Self-Declaration Form * Necessary documents can be added, if deemed reasonable by the Branch. **This product applies to: Individuals / Licensed Business / Self-Employed People
Commission on temporary loan closure	Loan Term            Application Commission <1 year                              0.5% >1  year                               1%
Penalties	1.2% on the unpaid principal
Collateral / Guarantee	No Collateral
Loan Agreement	Loan Agreement without notary / digital signature
Payment History	Status <=2 during the last three months in the Credit Registry of the Bank of Albania
Approval/ Disbursement	10 minutes / 15 minutes
EIR	Max 67.1%

For application please click here:  Link

Now you can buy everything with “Only for You” Loan:
– latest smartphone model,
– favorite laptop,
– household appliances,
– you can fulfill every need without worrying about money.

Fondi Besa enables you to finance products you want within a few minutes.
If you need to find solution to your needs, this loan is the ideal choice for you!
Approval: 30 minutes
Only by identity card!

LOAN CHARACTERISTICS:

AMOUNT	30,000 ALL up to 200,000 ALL
CURRENCY	LEK
TERM	30,000 – 100,000 ALL, 6 – 24 months 100,001 – 200,000 ALL, 6 – 36 months
FEE	5%
COLLATERAL	No Collateral needed
REPAYMENT	Depending on the customer’s preference: • Flat – equal installments throughout the loan repayment period. • Declining – Calculated interest over the remaining amount of principal and loan installments are decreasing
INTEREST	37%
DOCUMENTATION	Identity card/passport of the borrower
APPROVAL/ DISBURSEMENT	30 minutes
EIR	42.01% up to 44.55%

Fondi BESA sh.a aims at strengthening the role of women in the economic life of the community, as well as improving conditions of their families.

“LOAN FOR WOMEN” is a loan that is specifically designed for women that are willing to realize their consumer dreams and wishes.

Beneficiaries:
Every woman in need of facing urgent expenses

LOAN CHARACTERISTICS:

AMOUNT	50,000 – 600,000 ALL
CURRENCY	ALL
TERM	48 months
FEE	3-4% according to the loan term
COLLATERAL	Without collateral
REPAYMENT	Depending on customer’s preference: • Flat – equal installments throughout the loan repayment period. • Declining – Calculated interest over the remaining amount of principal and loan installment are decreasing
INTEREST	25% – 29%
DOCUMENTATION	If employed / self-employed: • Identity card /borrower’s passport • Family certificate • Certificate of incomes • No endorser needed • Preliminary Consent Clause • Application form • Pre-contractual information • Loan agreement (after approval) • Loan schedule (after approval) • Financial analysis * Necessary documents for decision making can be added, if deemed necessary by the Branch.
APPROVAL/ DISBURSEMENT	8 business hours
NEI	31.04% up to 33.09%

The premises of your house not only deal with the placement of a roof and four walls. They are the reflection of your style and personality. Their maintenance in good shape requires periodical renovation, given that aesthetics and comfort are equally important as location and construction quality. If you need funds to renovate your house premises, then you have at your disposal the housing loan by Fondi BESA.

This product will be oriented towards individuals who wish to invest on:

• Improvement/ Renovation of an apartment/ dwelling house
• Expansion of an apartment / dwelling house
• Purchase of land and/or coverage of documentation expenses for investment purposes (for instance, no payment of fees for legalization of business etc).
• Mixed investments (combination of the above purposes).

Beneficiaries:

• Every individual in need of changing the conditions of his dwelling house, making an addition or maintaining it.
• Age of the applicant/guarantor, according to credit manual.
• For every customer (first time, closed and/or active).

LOAN CHARACTERISTICS:

AMOUNT	The maximum loan amount is  1,500,000 ALL
CURRENCY	ALL
TERM	6 – 60 Months
FEE	1-3% according to the loan term
COLLATERAL	Mortgage, Lien, Pledge, Endorsement depending the loan term and amount.
REPAYMENT	Depending on client preference: • Flat – equal installments for the whole repayment period.
INTEREST	21.60% to 25.20% The interest rate is in compliance with: • Loan amount and duration • Number of loans received by the customer
DOCUMENTATION	• Identity card/passport of the endorser / guarantors • Family certificate • Certificate of incomes from the employer / self-declaration • Works estimate drawn up by the customer • Photos of the premises to be reconstructed • Property documentation/LIEN (in case collateral is held) • OSHEE (Power) or Water Utility Booklet with regular monthly payments
NEI	25% up to 37%

For further information, please click below

Leaflet “Housing Invest”, Click here

Leaflet “Power Saving”, Click here

Housing Investment Loan
– Leaflet: Self-Generation Power, Click here
– Leaflet: Power Saving, click here

Loans that support realizing your desires!

For all of you who want to renovate your home, buy new furniture, repair your car, or travel, now the decision is easier because Fondi BESA is supporting you with the Consumer Loan.

• Consumer Loans fits to your needs and requirements regarding the term and amounts.
• The loan is transferred directly to your account once the contract is signed.
• We allow you to repay the loan in advance at no extra cost

For further information and loan examples with effective interest please download the Leaflet

LOAN CHARACTERISTICS:

AMOUNT	The maximum loan amount is 600,000 ALL
CURRENCY	ALL
DURATION	Up to 4 years (48 months)
FEE	1.5-5% according to the loan term.
COLLATERAL	Lien; Endorsement
REPAYMENT	Depending on client preference: • Flat – equal installments for the whole repayment period. • Declining – Interest is calculated on the remaining amount of principal.
INTEREST	28%-33% Interest rate is consistent with: • Loan amount and terms • Collateral to be used as a guarantee for the loan • Number of loans the client has benefitted
NEI	32.35% up to 38.38%

Example:

• Figures are approximate. For accurate figures, you need to get the right information at your nearest office of Fondi BESA in your city.

• Please download the Standardized Pre-contractual Information Leaflet
• For further information please download Method of calculating the effective interest