Financing – LTN Cameroon http://latontiniere.com 2nd category Microfinance Institution Tue, 21 Jul 2020 08:45:14 +0000 en-GB hourly 1 https://wordpress.org/?v=6.5.5 http://latontiniere.com/wp-content/uploads/2020/05/cropped-FAVICON-32x32.png Financing – LTN Cameroon http://latontiniere.com 32 32 SOHO Credit http://latontiniere.com/?portfolio-item=soho-credit&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=soho-credit http://latontiniere.com/?portfolio-item=soho-credit&lang=en#respond Fri, 03 Jul 2020 01:39:42 +0000 http://latontiniere.com/?post_type=portfolio-item&p=9238 SOHO Credit
Targets
  • Microentrepreneurs
  • Very Small Business (TPE/SOHO)
  • Small traders
  • Craftsmen
  • GIC and Associations
Terms of Funding
  • Justify at least 1 year of activity at the same location;
  • Being Cameroonian or resident for at least 5 years in Cameroon;
  • Have a viable and profitable business;
  • Being located in the area of ​​activity of one of our agencies;
  • Be of good character.
Credit Modalities
  • Processing time of the file: 2 weeks Maxi;
  • Amounts granted: up to 15,000,000 Fcfa;
  • Refund: spread over 03 to 24 monthly payments;
  • Interest rate: 1.5% TTC / month (Flat);
  • Administration fees: 1.5% of the total amount granted;
  • Death / disability insurance fee: 0.5% of the amount granted;
  • Security deposit: 10% of the loaned capital (repayable at the end of the loan).
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SME CREDIT http://latontiniere.com/?portfolio-item=sme-credit&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=sme-credit http://latontiniere.com/?portfolio-item=sme-credit&lang=en#respond Fri, 03 Jul 2020 01:36:58 +0000 http://latontiniere.com/?post_type=portfolio-item&p=9237 SME CREDIT
Targets
  • Small and Medium Enterprises (SMEs)
  • Small and Medium Industries (SMIs)
  • Agricultural enterprises
Objects of financing
  • Financing Working Capital Requirement (WCR): Increase or diversification of merchandise stock, purchase of small production equipment
  • Investment: Purchase of production or distribution equipment, financing extension work, launching a new activity,
  • Customs clearance of containers
  • Financing Purchase Orders / Advances on Invoices
  • Flash Credit
Credit Modalities
  • Processing time of the file: 2 weeks Maxi
  • Amounts granted: up to 50,000,000 Fcfa;
  • Refund: spread over 03 to 24 monthly payments;
  • Interest rate: 2,5% TTC / month (declining);
  • Administration fees: From 2.5% of the amount granted,
  • Death / disability insurance fee: 0.5% of the amount granted;
  • No security deposit.
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AGO-CREDIT http://latontiniere.com/?portfolio-item=ago-credit&lang=en&utm_source=rss&utm_medium=rss&utm_campaign=ago-credit http://latontiniere.com/?portfolio-item=ago-credit&lang=en#respond Fri, 03 Jul 2020 01:30:36 +0000 http://latontiniere.com/?post_type=portfolio-item&p=9235 AGO-CREDIT
Targets
  • Farmers
  • Cultivators
  • GIC and Agricultural Associations
  • Rural entrepreneurs and artisans
Objects of financing
  • Purchasing of inputs;
  • Seed purchases;
  • Financing the work;
  • Development of access roads to the farm;
  • Small equipment purchases;
  • Purchase of agricultural equipment and machinery.
Credit Modalities
  • Processing time: 2 weeks Maxi
  • Amount granted: Up to 15,000,000 Fcfa
  • Interest rate: 1.5% TTC / month (flat)
  • Fees: 2% of the loaned capital
  • Death / Total Disability Insurance: 05% of the loaned capital
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