“Ekspress hamkor” Loan

No.

Loan Terms

1

Borrowers

Individual entrepreneurs and legal entities

2

Loan Purpose

For working capital for entrepreneurial needs

3

Loan Currency

National and foreign currency (USD)

4

Loan Term

Up to 36 months

5

Grace Period on Principal Repayment

For loans up to 12 months – up to 1 month,

For loans up to 24 months – up to 2 months,

For loans up to 36 months – up to 6 months.

6

Loan Amount

7

Annual Interest Rate (minimum)

8

Credit History and Financial Condition

1) In the last 24 months, no more than 3 overdue debts exceeding 90 days on previous or existing loans.

2) No overdue debts or "2nd card" liabilities on existing loans;

3) Borrower's management and founders should not have overdue loans in companies they established or manage.

9

Existing Operations

Business activity must have started or be ongoing, verified by bank's regional staff on-site.

10

Loan Disbursement Method

Transferred to the borrower's account

11

Targeted Use of Loan

Verification of targeted use of the loan is not required

12

Required Documents*

- Loan application;

- Forecast of planned cash flows;

- Original documents confirming consent of owners for credit and collateral if borrower or pledger is a legal entity;

- Copy of documents granting the right to conduct operations and use office premises;

- Loan collateral documents as per “Mikrokreditbank” ATB regulations.

13

Collateral Value

At least 125% of the loan amount

14

Type of Collateral

Light and motor vehicles not older than 5 years;

Special vehicles not older than 3 years;

Real estate;

Jewelry;

Deposit funds.

15

Special Conditions

Clients with more than 3 overdue payments over 30 days can use the loan again only after full settlement and 2 years have passed.