Loans for Agriculture are designed for agricultural
producers who wish to start or expand their business. These loans can be
used for the purchase of raw materials and fixed assets for the proper
running of your agricultural business.
- Loan Size from 300 to 50.000 BAM
- Repayment period of up to 60 months
- Grace period of max. 12 months
- Loan processing fee 1,50% to 2,00%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 14,50% to
21,00% as laid out in the table below:
|
Loan Size
|
Up to 3.000
BAM
|
from 3.001 BAM
to 4.000 BAM
|
from4.001 BAM
to 10.000 BAM
|
from 10.001 BAM
to 15.000 BAM
|
from15.001 BAM
to 20.000 BAM
|
from 20.001 BAM
to 50.000 BAM
|
|
Max.
repayment period
|
36 months
|
42 months
|
60 months
|
60 months
|
60 months
|
60 months
|
|
NIR
|
21,00%
|
20,50%
|
17,50%
|
17,00%
|
16,00%
|
14,50%
|
|
EIR
FBiH
|
24,97%
|
24,13%
|
20,09%
|
19,21%
|
18,04%
|
16,29%
|
The given Effective Interest
Rate (EIR) values were calculated for the maximum loan size and maximum
repayment period.
|
Effective
Interest Rate (EIR) is an interest rate that reflects all of the expenses related to the
loan, including the Nominal Interest rate (NIR) and its value depends on the
loan size and the length of the repayment period. The calculation of EIR in
BiH Federation includes the loan processing fee.
|
Example of calculation of the
Effective Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan Processing Fee
|
EIR FBiH
|
|
Agriculture
|
10.000
KM
|
60
mjeseci
|
17,50%
|
2,00%
|
20,09%
|
Small Business Loans are designed for entrepreneurs
who have small businesses, or who wish to start-up their own business,
as well as for those who wish to improve or expand their existing
business. The EKI Loan for Small Business will help you improve your
business in the simplest way.
- Loan size from 300 to 10.000 BAM
- Repayment period of up to 60 months
- Grace period of max. 6 months
- Loan processing fee 2,00%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 17,50% to
22,00% as laid out in the table
below:
|
Loan Size
|
Up to 3.000 BAM
|
from 3.001 BAM
to 4.000 BAM
|
from 4.001 BAM
to 10.000 BAM
|
|
Max. repayment period
|
36 months
|
42 months
|
60 months
|
|
NIR
|
22,00%
|
21,00%
|
17,50%
|
|
EIR FBiH
|
26,20%
|
24,75%
|
20,09%
|
The given Effective Interest
Rate (EIR) values were calculated for the maximum loan size and maximum
repayment period.
|
Effective
Interest Rate (EIR) is an interest rate that reflects all of the expenses
related to the loan, including the Nominal Interest rate (NIR) and its value
depends on the loan size and the length of the repayment period. The
calculation of EIR in BiH Federation includes the loan processing fee.
|
Example of calculation of the
Effective Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan Processing Fee
|
EIR FBiH
|
|
Small Business
|
10.000 BAM
|
60 months
|
17,50%
|
2,00%
|
20,09%
|
Loans for Households are
designed for individuals who wish to improve the living conditions of
their household. Upgrade your life quality with the purchase of a new TV
set, refrigerator, furniture, or by decorating and refurbishing your
home. With the help of EKI Loan for Households you can make your
everyday life become more pleasant and comfortable.
- Loan size from 300 to 3.000 BAM
- Repayment period of up to 36 months
- Loan processing fee 2,50%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 25,00% as laid out in the
table below:
|
Loan size
|
Up to 3.000 BAM
|
|
Max. repayment period
|
36 months
|
|
NIR
|
25,00%
|
|
EIR FBiH
|
30,50%
|
The given Effective Interest Rate (EIR)
values were calculated for the maximum loan size and maximum repayment period.
|
Effective Interest Rate (EIR) is an
interest rate that reflects all of the expenses related to the loan,
including the Nominal Interest rate (NIR) and its value depends on the loan
size and the length of the repayment period. The calculation of EIR in BiH
Federation includes the loan processing fee.
|
Example of calculation of the Effective
Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan Processing Fee
|
EIR FBiH
|
|
Household
|
3.000 BAM
|
36 months
|
25,00%
|
2,50%
|
30,50%
|
Housing Loans are designed for individuals and their
efforts to reconstruct or construct their housing unit. If you plan on
investing in the construction of your new home or in improving the
comfort level of the existing home, the EKI Housing Loan is the right
solution for that type of investment.
- Loan Size from 300 to 20.000 BAM
- Repayment period of up to 60 months
- Loan processing fee 2,00%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 21% to 21,50% as laid out in the
table below:
|
Loan size
|
Up to 3.000 BAM
|
from 3.001 BAM
to 20.000 BAM
|
|
Max. repayment period
|
36 months
|
60 months
|
|
NIR
|
21,00%
|
21,50%
|
|
EIR FBiH
|
24,97%
|
24,95%
|
The given Effective Interest Rate (EIR)
values were calculated for the maximum loan size and maximum repayment period.
|
Effective Interest Rate (EIR) is an
interest rate that reflects all of the expenses related to the loan,
including the Nominal Interest rate (NIR) and its value depends on the loan
size and the length of the repayment period. The calculation of EIR in BiH
Federation includes the loan processing fee.
|
Example of calculation of the Effective
Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan Processing Fee
|
EIR FBiH
|
|
Housing
|
20.000 BAM
|
60 months
|
21,50%
|
2,00%
|
24,95%
|
SME Classic Loans are
designed for registered businesses, which require small investments to
either start-up, improve or expand their business activities. EKI will
help you improve your business with the SME Classic Loan and the simplest procedures.
- Loan size from 300 to 10.000 BAM
- Repayment period of up to 42 months
- Grace period of max. 9 months
- Loan processing fee 2%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 16,50% to
20,50% as laid out in the
table below:
|
Loan size
|
Up to 3.000 BAM
|
from 3.001 BAM
to 4.000 BAM
|
from 4.001 BAM
to 6.000 BAM
|
from 6.001 KM
to 10.000 BAM
|
|
Max. repayment period
|
24 months
|
36 months
|
42 months
|
42 months
|
|
NIR
|
20,50%
|
19,50%
|
17,00%
|
16,50%
|
|
EIR FBiH
|
25,13%
|
23,13%
|
19,89%
|
19,29%
|
The given Effective Interest Rate (EIR)
values were calculated for the maximum loan size and maximum repayment period.
|
Effective Interest Rate (EIR) is an
interest rate that reflects all of the expenses related to the loan,
including the Nominal Interest rate (NIR) and its value depends on the loan
size and the length of the repayment period. The calculation of EIR in BiH
Federation includes the loan processing fee.
|
Example of calculation of the Effective
Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan processing Fee
|
EIR FBiH
|
|
SME Classic
|
10.000 BAM
|
42 months
|
16,50%
|
2,00%
|
19,29%
|
SME Premium Loans are designed for registered
businesses, which need major investments for improving or expanding
their business activities. With the EKI SME Premium Loan
you can purchase raw materials, machines, and equipment for your
business, you can also construct or purchase a business facility and
enrich your business with some other types of current or fixed assets
that you need.
- Loan size from 10.000 to 50.000 BAM
- Repayment period of up to 60 months
- Grace period of max. 9 months
- Loan processing fee 1,00% to 1,50%
- Nominal Interest Rate (NIR) is fixed and calculated on annual level,
while its value depends on the loan size and ranges from 15% to 16,50% as laid out in the
table below:
|
Loan size
|
From 10.000 BAM
to 15.000 BAM
|
from 15.001 BAM
to 20.000 BAM
|
from 20.001 BAM
to 50.000 BAM
|
|
Max. repayment period
|
48 months
|
54 months
|
60 months
|
|
NIR
|
16,50%
|
16,00%
|
15,00%
|
|
EIR FBiH
|
18,79%
|
18,11%
|
16,60%
|
The given Effective Interest Rate (EIR)
values were calculated for the maximum loan size and maximum repayment period.
|
Effective Interest Rate (EIR) is an
interest rate that reflects all of the expenses related to the loan, including
the Nominal Interest rate (NIR) and its value depends on the loan size and
the length of the repayment period. The calculation of EIR in BiH Federation
includes the loan processing fee.
|
Example of calculation of the Effective
Interest rate (EIR):
|
Type of Loan
|
Loan Size
|
Repayment Period
|
NIR
|
Loan Processing Fee
|
EIR FBiH
|
|
SME Premium
|
15.000 BAM
|
48 months
|
16,50%
|
1,50%
|
18,79%
|
EKI Business Club (EBC) is an innovative service to assist EKI clients in placement of goods and services in the market, as well as enhancing their business and agricultural know-how. EKI Business Club consists of a monthly, free-of-charge Bulletin, delivered to clients’ doorstep, which allows clients to sell their products and services, and contains a variety of educational material—from recent developments in BiH relevant to their business, to tips and tricks on running a business. EKI Business Club members report that they are extremely satisfied with the service, and nearly 60% were contacted about their ads, and nearly 30% sold their product based on an ad. Clients report that the EKI Business Club has expanded and strengthened their business, and it also keeps them in touch with EKI and our services.
More info available at EKI's website
With 69 branch offices and over 250 employees, EKI is one of the leading microcredit organizations in Bosnia and Herzegovina. Loans and services in our offer are designed to aim at starting and improving agriculture, small businesses and crafts. In order to ensure a permanent progress in our activities and to follow the trends of successful businesses, EKI introduced an additional service for our clients – EKI mobile application.
What is EKI mobile app?
EKI mobile app is a free-of-charge additional service available within the EKI Online Project with the purpose to ensure clients and all interested parties with up-to-date and useful information. EKI mobile app enables you to access information related to EKI loans and services at any location and any time through your Android mobile phone.