Loan Conditions

Loan Amount

Currency	USD
Minimum loan size	USD 50
Maximum loan size	9,200

Loan Term and Grace Period

Shortest loan term	6.0 months
Longest loan term	12.0 months
Approx average	6.0 months

Grace Period

Grace period usage	90%
Average grace period	0.5 months

Repayment Frequency

Daily
Weekly
Every 2 weeks
Every 4 weeks	x
Monthly
Every 2 months
Quarterly
Every 6 months
Every 12 months
Single end payment	x
Irregular payments

Pricing Information

Interest

Upfront Fees

This product has no upfront fees

Ongoing Fees

This product has no ongoing fees

Upfront Insurance Fees

This product has no upfront insurance fees

Ongoing Insurance Fees

This product has no ongoing insurance fees

Compulsory Deposit

Required for	All
Criteria	N/A
Is deposit indicated on the repayment schedule?
Do borrowers control deposit in their group?	Yes

Deposit BEFORE or AT Disbursement

% loan amount deposited	10.00%
or, Fixed-amount deposited	0

Deposits DURING period payments

% loan amount deposited	2.00%
or, Fixed-amount deposited	0
Conditions on access to deposit

Interest Paid on Deposit

Minimum interest rate paid	0
Maximum interest rate paid	0
Interest payment frequency	N/A

Taxes

Are taxes charged on this product?

No

Additional Comments

Si existe el fallecimiento de una socia durante el ciclo, la deuda es condonada sin importar el monto adeudado. / cuando las personas han llegado a ciclos superiores al 5 o 6 el ahorro en el pago ya no es tan obligatorio aunque puede ser minimo 1% del monto original.

Banco Comunal Price Graphs