• Loans for Households

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    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 10.000 BAM
    • Repayment period of up to 60 months
    • Loan processing fee 2,50%
    • The MCC EKI disburses/approves loans in BAM currency as indexed in EUR per the average exchange rate of the BiH Central Bank on the day of Loan Agreement
    • Nominal Interest Rate (NIR) is fixed and calculated on annual level, while its value depends on the loan size and ranges from 21,50% up to 22,50% as laid out in the table below:
    Microcredit Foundation EKI offers loans from 300 to 10.000 BAM, while the Microcredit Company EKI offers loans from 300 to 50.000 BAM. All terms for the loans up to 10.000 BAM are identical and apply to both organizations. The terms for loans over 10.000 BAM apply only to the Microcredit Company EKI.
    Loan sizeUp to 4.000 BAMFrom 4.001 BAM
    to 10.000 BAM
    Max. repayment period
    42 months60 months
    NIR22,50%21,50%
    EIR FBiH/DB*from 27,22%from 25,34%
    EIR RS27,20%25,34%

    The given Effective Interest Rate (EIR) values were calculated for the maximum loan size and maximum repayment period.

    The difference in the calculation of the EIR in the Federation of BiH/Brčko District and the Republic of Srpska, for natural and legal persons, arises from different legal regulations. In addition to the above costs, the calculation of EIR includes the cost of the Bill of Exchange (except for loans up to/and 3,000 BAM with a repayment period of up to/and 12 months, which are approved without a Bill of Exchange), cost of verification of documents and the cost of intercalary interest, if it is calculated.
    * The calculation of EIR for loans to legal entities in the Federation of BiH/Brčko District of BiH does not include other costs related to loan security instruments, fees for verification of documents and other similar fees.
    In the calculation of EIR for loans for legal entities in the territory of the Republic of Srpska, other costs include the costs of Bills of Exchange and costs related to loan security instruments, fees for obtaining and verifying documents and other similar fees.

    Example of calculation of the Effective Interest rate (EIR):

    Type of LoanLoan SizeRepayment PeriodNIRLoan Processing FeeEIR FBiH/DB*EIR RS
    Household
    10.000 KM60 months21,50%2,50%from 25,34%25,34%

    Table with an overview of monthly installments

    Loans for Households

    Loan Size (BAM)Repayment Period / months
    122436424860
    1.000945238
    3.000282156115
    4.000375208154138
    5.000467258190170156137
    8.000747413303273250219
    10.000934516379341312273

    By using the Loan Calculator, you can get approximate information regarding the size of monthly installments, the repayment plan and the total debt for the loan you are interested in.

    Note: The data on installments and EIR are of informational character and serve the purpose of general information, while it may differ from the official EKI terms at the time of loan application. Please contact your nearest EKI office for detailed information.

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