The System of Incentives
Along with the Loan Agreement each EKI loan beneficiary receives a Loan Repayment Plan that, among other things, serves as a guide or a reminder of the due date rate. The obligation of the loan beneficiary is to make payments latest on the date when they are due. With a conscientious approach to settlement of current liabilities clients will not jeopardize their credit history record with the Central Registry of Loans (CRK), based on which each financial institution decides whether the cooperation with the client is possible or not. Also, each client who regularly pays their outstanding loans is offered with a reduced interest rate for the next cycle of lending. This means that in the next cycle of EKI lending, the clients with regular loan repayments are entitled to a lower interest rate and to simplified procedures.
Only with orderly servicing of duties and with no delay in payment of loan instalments, one can be entitled to easier and better access to EKI finance.