| MICRO FINANCING PROGRAM > INTEREST RATES AND FEES
MICROFINANCE PROGRAM
As of June 16, 2008
A. Lending Rates
Lending Facility |
Rates (%) |
MICRO-LEAD |
- Large MFI |
8.5 to 9.5 |
- Medium-sized MFI |
9.0 to 10.0 |
|
MICRO-LOCAL |
Rural/Cooperative Banks: |
- Minimum |
9.0 |
- Maximum |
11.0 |
|
MICRO-LEAP |
- Community Cooperative |
9.5 to 10.5 |
- Other conduits |
11.0 |
B. Service Fees
(to be deducted from loan proceeds; no front-end fees)
Fees |
LENDING FACILITY |
MICRO-LEAD |
MICRO-LOCAL |
MICRO-LEAP |
Evaluation fee |
.05% of credit line |
None |
0.2% of credit line; 0.5% for lower classification conduits |
Availment processing fee |
0.1% of loan availment |
None |
0.5% of loan availment |
|
Micro Financing Program