Productive woman loans
Women production loan:
Product Name |
Loan Amount |
Maximum Time |
Women productive loan -1st cycle |
500-2500 |
24 |
Women productive loan -2nd cycle |
2000-3500 |
30 |
Women productive loan -3rd cycle |
3000-5000 |
40 |
Product Name |
Loan Amount (NIS) |
Maximum Time |
Women productive loan -1st cycle |
2000-10000 |
24 |
Women productive loan -2nd cycle |
8000-14000 |
30 |
Women productive loan -3rd cycle |
12000-20000 |
36 |
Loan applicant should fulfill the following conditions:
- Borrower financial commitments should not exceed 50 % of the borrower monthly income and project income.
- Classification of the loan applicant credit registry by the company following an inquiry by the monetary authority. Degree of risk should be A, B OR C.
- Only productive projects
- Acceptance of the loan applicant credit registry by the company following an inquiry by the monetary authority.
- Only loan cycle system
- 25 NIS non refundable Application fees
- Classification of the borrower and guarantor on the returned check system (A,B,E).
Note
- In the existence of Bank warranties, a 1.5% commission is added on the original commission, except for the second cycle as the commission on the contract to be 2.5%.
- In the existence of procedural legal case, 1% is deducted from the original commission.
Purpose of Financing:
- Financing for existing or new projects, to buy raw material, active capital, or assets for all kinds of economical, productive and service activities in the fields of commerce, industry, agriculture and services.