Investment loans for improvement female entrepreneurship
Encouragement establishment and development business micro , small and middle ones companies and entrepreneurs in which are women bearers business. On this the way IDF MNE JSC wants support Woman entrepreneurship and to speed up affirmation a woman in business .
The interest rate is 4.00% on an annual basis with a proportional interest calculation method.
For entities that project implemented in municipalities northern region and in municipalities who is are below 100% of the average value of the development index in Montenegro, the interest rate is 3.50% on an annual basis with a proportional interest calculation method.
Depending on the price of the available sources of financing, the interest rate may be higher, with which the beneficiary of the Fund's funds should be properly informed.
The fee is 0.30% of the approved loan amount.
The deadline for using the loan is 24 month.
The goal program and purpose
Loans are intended for investments in fixed assets - tangible assets (land, construction facilities, equipment and devices, basic herd, raising long-term plantations, small inventory, etc.), intangible assets (product or service development, patents, licenses, concessions, copyright rights, franchises, etc.) and working capital.
IDF MNE JSC can directly finance up to 75.00% of the value of the total investment.
The amount of own capital must not be less than 25% of the value of total liabilities.
The loan amount intended for investment in current assets can be up to 30.00% of the total loan amount.
In order for the project to be credited under this credit line, a woman must be the owner of the business, that is, the majority owner and executive director.
Users
Loan beneficiaries can be women entrepreneurs and companies in which women are business owners ( the majority owner and executive director must be a woman ).
The end users of these credit arrangements can be entities that provide a certificate from the Tax Administratio that they properly settle their tax obligations.
Beneficiaries of loans can only be companies that have been in business for more than 12 months.
Security instruments
As instruments security loan of IDF MNE JSC will to accept promissory notes , mortgages on the real estate , banking guarantees , guarantees unit local self-government , guarantees of the Government of Montenegro , guarantees creditworthiness legal persons , pledges claims , administrative prohibitions on the receiving a minimum of one creditworthiness guarantor (depending from the amount credit and income guarantor ) i others usual instruments security in banking business in accordance with Acts of IDF MNE JSC and decisions competent authorities of IDF MNE JSC.
All costs related to the acquisition of security instruments and the implementation of operations related to insurance, deletion and return of realized instruments are borne by the loan beneficiary.