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Microcredit “Express” with 10% interest rate, up to 10 months and in 10 minutes400,000 - 2,000,000 AMD With 10% interest rate, up to 10 months, in 10 minutes Without a pledge
If You need money • for the development of micro and small business; • agriculture as well as for the repayment of creditor debt coming for that purpose and for other similar purposes, “KAMURJ” UCO CJSC offers You a loan with following conditions: Loan granting conditions
List of necessary documents
1. Passport or/and Identification card and Social security card, 2. Application form (agreement of making a request from ACRA and NORK systems is included), 3. A document certifying entrepreneurial activity • Private Entity Certificate, Taxpayers’ Identification Number (TIN) • A reference which may be presented when getting the loan (may not be required in case of a current customer) • A reference from the village administration or any document proving agricultural property (may not be required in case of a current customer)
Necessary requirements for Borrowers
• The sum of current and repaid loansof Customer should not exceed 45 schedule days in the last 12 days of the month, and 20schedule days over the last 3 months, • During the last one month there should not be 5 and more times ''New loan application’’mark in Customer’s credit report, • In ACRA credit report system credit risk class of Persons who are affiliated with the borrower is acceptable until the doubtful class, • The customer (borrower/ one of the co-borrowers) must have a credit history. Other Conditions • When using the mentioned credit, the borrower must provide a phone number of 1 (one) non-affiliated person and not a guarantor, who will confirm the authenticity of the information provided by the Customer, • Only one of the sub-types can be provided to the customer, • Repaid loan customer is a person whose previously issued loan has been repaid during the previous 12 months, • Persons affiliated with the borrower can not be the guarantor of the same loan and borrower. • In case of granting a loan under the credit ‘Easy Loan in 19 minutes’ and ‘Express’ loan, this one is provided with an additional study.
Actual annual interest rate ATTENTION: Actual annual interest rate shows how much the loan will cost to you after paying the interest rate and other payments in defined deadlines and amounts. You can find the calculation order of annual interest rate by pressing here 8/01
ATTENTION: If you do not perform your whole liabilities within prescribed time, the information about you will be recorded in the Credit Register of the Central Bank of Armenia by the creditor. ATTENTION: The number of loan applications submitted by a Client may have a negative impact on his/her credit rating.
41.61%-42.29% |