YOUTH LOAN


Are you 18 – 28 years old and without experience in business, but with a good business idea? – We finance you !

This is a short-term and medium-term loan targeting young people who are economically active in urban or rural areas of the country in order to promote self-employment and their social inclusion.

LOAN CHARACTERISTICS:

   

  AMOUNT   Up to 1,000,000 ALL
  CURRENCY   ALL (LEK)
  TERM   Up to 5 years (60 months)
  FEE   1-4% according to loan terms
  COLLATERAL   Mortgage, Lien, Pledge, Endorsement depending on the loan terms.
  REPAYMENT Depending on client preference:
Flat – equal installments for the whole repayment period.
Declining – Interest is calculated on the remaining amount of principal
  INTEREST   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