Purpose

Personal needs of applicants who run business, moreover,  tuition fee of the customer, medical expenses, vacancies, wedding, apartment repair, buying apartment,  long-term consumer goods (household equipment, jewellery, clothing, cars).

400-10,000 AZN or equivalent in USD

Term

12-36 months

Interest rate

Annually 27%- 31% or 2.25% - 2.58% monthly on declining basis. Reduced for repeat borrowers.

Actual annual
interest rate

From 27.77%

Commission fee

1% of the loan amount, deducted from the disbursed loan amount

Guarantee

Personal guarantee

Required documentation

• ID card
• Bank account information