"Express refinancing" loan is suitable for entrepreneurs who have loans with other financial and credit institutions and those who want to refinance them quickly and profitably.

Advantages:

• Short processing time;
• No spousal consent;
• Lower rates.

Purpose:

Refinancing the balance of outstanding individual loans owed to a microfinance institution.

Currency: Kyrgyz Soms.

Loan amount: from KGS 15 000 to 500 000.

Term: up to 36 months.

Interest rate: - 5 points of the current rate of the refinanced loan, but not below 26% per annum and not above 30% per annum.

Security: Up to 300,000 soms - security-free, from 301,000 soms and above - personal guarantee (co-signer) or movable property..

Loan repayment schedule: monthly annuity payments.

*Effective interest rate of 26% per annum.