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.
|AMOUNT||Up to 1,000,000 ALL|
|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