IFC Funding Line

Loan Terms

• Loan Purpose · For working capital replenishment;
  · To finance investment projects (purchase of fixed assets, etc.).
• Special Terms For women entrepreneurs (whose share in the enterprise is at least 51% of the authorised capital, women sole proprietors and women entrepreneurs who meet other requirements of the loan line) an additional extended loaning period and a preferential interest rates are provided.
• Credit Line Financing Purposes Financing micro and small businesses projects
• Loan Amount Up to 1 000 000 USD
• Annual Percentage Rate Based on contract. Women entrepreneurs are provided with a preferential rate which is 1 per cent lower than the rate indicated in the contract.
• Loan Term For working capital replenishment – up to 18 months, For women entrepreneurs - up to 24 months;
  
  For investment projects - up to 48 months, For women entrepreneurs - up to 60 months.
• Grace period For working capital replenishment - up to 3 months;
  Purchase of fixed assets - up to 6 months.
• One-time Commission Fee Equal to 1% of loan amount
• Borrower's Share Within the limits set by the bank’s internal regulations.
• Collateral All types of collateral specified in the bank’s loan policy.
• Loan Issuance Form In non-cash form
• Loan Currency In National Currency, Sum or USD.