Credit “Истеъмоли”

Credit "Ismemoli"

“Istemoli” loan program is a small group or individual loan secured by property and guarantees to individuals, which allows a borrower to take out a microloan as part of a group or individual obligation to obtain funds to meet consumer needs (family events). , home repairs, purchase of furniture, other household appliances, etc.).

Individual and group microcredit

1. Loan currency

2. Form of financing

3. Проценты по небольшим кредитам

Somoni, US dollars, etc.

Cash and non-cash payment

The first stage in national currency from 12% to 25% per annum in foreign currency from 12% to 20% per annum The second stage in national currency from 15% to 25% per annum in foreign currency from 12% to 20% per annum. The third stage – from 15% to 25% per annum in national currency and in foreign currency from 12% to 20% per annum.

4. The amount of the microloan for the Group of joint and several liability (for each member of the group)

The first stage: – in national currency from 1000 to 10 000 somoni in foreign currency from 100 to 1000 US dollars. b) the second stage. — in national currency up to 20,000 somoni in foreign currency up to 2,000 US dollars. c) The third and subsequent stages – in national currency up to 25,000 somoni, in foreign currency up to 2,500 US dollars.

5. Loan amount to individuals

In national currency up to 250,000 somoni and in foreign currency up to 25,000 US dollars.

6. Loan term

1 to 36 months

7. One-time administrative interest

Won’t show up

8. Loan repayment and interest

Annuity (monthly, with an equal share as a percentage). monthly payment of interest with repayment of the principal debt as agreed with the borrower. If a deferment is granted (no more than 10 months), the principal debt is written off according to the payment plan, and interest is accrued monthly from the balance of the principal debt.

9. Possibility of early repayment of the loan

An opportunity is given. The Borrower shall notify the Company in writing 5 business days prior to the Loan payment date.

10. Loan security

In the amount of the loan: – from 500 somoni to 5000 somoni or equivalent in foreign currency; 1. Guarantee of one or two individuals with income by providing supporting documents. (except for persons who have joint property with the borrower) In the amount of the loan: – from 5,000 somoni to 20,000 somoni or equivalent in foreign currency; 2. Guarantee of two individuals with income by providing supporting documents. (except for persons who have joint property with the borrower) In the amount of the loan: – in national currency from 10,000 somoni to 250,000 somoni; or equivalent in foreign currency; 3. Movable or immovable property, working capital, equipment, vehicles, deposits, gold items, guarantees, etc.

Note; In the case of a good credit history or gaining the trust of the organization, by decision of the credit committee of the head, clients are offered additional benefits in the field of collateral and guarantors.

11. Deadline for consideration of the application

Up to five working days from the date of registration of the application

12. In exceptional cases, the amount of the loan may, with the consent of the Credit Committee, exceed the requirements of Part 4. Exceptions to Part 10: In the absence of a certificate of employment or documents confirming income, it is recommended to draw up a pledge agreement for the farmer’s movable property or other pledged property.

13. Requirements for group members and individual borrowers

The borrower must be a citizen of the Republic of Tajikistan and have permanent registration in the territory of the Republic of Tajikistan. Owner of a permanent source of income by submitting supporting documents Age of borrowers from 18 to 60 years old at the time of loan repayment for men and for women from 18 to 57 years old at the time of loan repayment; In the case of full security of the loan amount with jewelry, as well as funds in savings accounts, the age of clients may be exceeded, the client’s credit file is submitted to the credit committee of the head office for decision and approval. The composition of the joint responsibility group must be at least 3 and not more than 12 people, and groups exceeding this requirement will be divided into two groups. No credit or obligations to other credit institutions.

14. Requirements for guarantors

Be citizens of the Republic of Tajikistan and have permanent registration on the territory of the Republic. The age of borrowers is from 18 to 65 years old at the time of loan repayment for men and for women from 18 to 57 years old at the time of loan repayment; Have a permanent job or a permanent income, this income and their property is equal to the total amount of the loan, for which they are the guarantor. Has no household in common with the borrower (parents, sons and daughters, or spouse). No credit or obligations to other credit institutions

15. Documents required for the Borrower:

Passport (copy of passport) and copy of TIN;

Certificate of residence and family composition; (for borrowers mortgaging their homes).

Income certificate Other documents confirming the income of the borrower’s family for the last 6 or 12 months;

Application – an application for a loan.

Documents confirming the ownership of the pledged property, the consent of adult family members. Consent of the spouse of the borrower (if he is married or has a mortgage).

Certificate of residence (at the request of a loan officer);

16. Documents of the guarantor:

Copy of passport and copy of TIN;

Statement of income for the last 6 months, other documents confirming the solvency of the guarantor;

17. Additional requirements:

The loan is granted based on the applicant’s annual income and other income in the amount of 60% of the applicant’s total income.

At the request of the borrower and the proposal of the loan officer, the borrower is granted a grace period. When pledging gold jewelry or movable and immovable property, a loan is issued to the borrower after the legalization of the pledged property in accordance with the requirements and norms of the organization and the current legislation of the Republic of Tajikistan.

After a positive decision of the credit committee, a loan agreement, a property pledge agreement or a surety agreement is concluded, and a loan is issued to the borrower.