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2 April 2020

Young Entrepreneurs Loan

The “Young Entrepreneurs” loan aims to support 18-30 years old individuals who aim to start or develop an activity to be self-employed or to increase active job position in the existing businesses. Every individual, within this segment, who plans to develop or set up a business can apply for this product.

Loan Terms


Loan amount up to:
600,000 ALL


Annual Interest Rate:
28% to 29%
Term:
Up to 48 months
Collateral:
Security Pledge,
Guarantee/Pledge depending on the loan amount.
Disbursment Fee:
2.5% to 4.5%
  • The interest rate and disbursement fee are determined based on the loan amount, duration, and the type of collateral used.
  • The interest is annual, and the disbursement fee is applied only once, at the beginning of the loan.


 
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Agro Social Fund (ASF) is a Microcredit
Financial Institution that aims
development financing through lending.

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