Loans from the program for local economic development in the Balkans-LEDIB PROGRAM

Loans from this program are granted to micro-clients registered on the territory of Nišava, Jablanica, Pčinja, Toplica and Pirot district

Loans from the program for local economic development in the Balkans-LEDIB PROGRAM

LOANS FROM THE PROGRAM FOR LOCAL ECONOMIC DEVELOPMENT IN THE BALKANS – LEDIB PROGRAM

Purpose

- financing working capital

- investment in fixed assets

Currency

-dinars

-dinars with a currency clause in EUR

Nominal interest rate

- for dinar loans: NBS reference rate +4p.p.

- for dinar loans with a currency clause in EUR: 7.5%

Repayment period (including grace period)

up to 24 months for working capital

up to 60 months for investment in fixed assets

regardless of purpose, the final repayment deadline is 31.12.2018.

Draw-down

one-off payment

Grace period

up to 3 months for working capital loan

up to 12 months for loans for investment in fixed assets

Repayment

- in monthly installments (for loans in dinars)

- in monthly annuities (for loans in dinars with currency clause)

Amount of loan

- depending on the client’s creditworthiness

-maximum amount of loan EUR 50,000.00 in dinar equivalent

Security

depends on the client’s creditworthiness and repayment period