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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.