Bosnia and Herzegovina
Institution: Microcredit Foundation EKI
> Product: Agro Loan
| Institution | Microcredit Foundation EKI |
| Country | Bosnia and Herzegovina |
| Purpose |
| Typical Initial Loan Amount | Number of Clients | Typical Term | Quoted Rate | Fees | Taxes | APR | EIR | Number of Samples | Date Collected |
|---|---|---|---|---|---|---|---|---|---|
| 8,000 | 8,300 | 42 months | 15.00-19.00 % / Year | 18.0% - 19.0% | 20.0% - 21.0% | 3 | 2009-10-07 |
Product Interest Rates
18.0% - 19.0%
20.0% - 21.0%
Descriptive Info
Bosnia and Herzegovina
Agro Loan
Convertible marks
Scale of this product
57000000.00
8300
21-40%
0-20%
Loan Amounts
5001.00
10000.00
8000.00
Loan Term
60.00
42.00
Grace Period: Principle
3.00
0.00
9.00
Grace Period: Interest
0.00
0.00
0.00
Interest
15.00
19.00
Year
Declining Balance
loans from USAID funding are at 15%, and targeted to repeat clients (about 15% of total clients); up to 36 months pay 18% and 36-60 months pay 19%
User Comments
0
Payment Schedules
| Amount | Term (months) | Repayment Frequency | Loan Cycle | Fees Paid | Compulsory Savings | Grace Period | Sample Disbursement Date | APR | EIR | Payment Schedule |
|---|---|---|---|---|---|---|---|---|---|---|
| 5,100 | 50 | Monthly | 0 | 0.00 | 0 | 2009-01-19 | 19.0% | 21.0% | View Payment Schedule | |
| 6,450 | 48 | Monthly | 0 | 0.00 | 0 | 2009-01-21 | 19.0% | 21.0% | View Payment Schedule | |
| 7,000 | 36 | Monthly | 0 | 0.00 | 0 | 2009-01-12 | 18.0% | 20.0% | View Payment Schedule |