Mortgage

Loan currency:

• Kyrgyz som

Loan repayment schedule:

• Monthly, principal and interest in annuity payments;
• Monthly equal installments;
• Flexible repayment schedule.

Disbursement period:

• Not more than 5 business days from the date of submission of the full package of documents

Collateral:

• Immovable property;
• Purchased immovable property;
• As an additional collateral - other immovable property, movable property, deposit account in OJSC “Dos-Credobank”.

Who can get this type of loan:

Individual (private) entrepreneurs and individuals:
1.      Individuals with a stable source of income within 6-12 months prior to the submission of an application for a loan, supported by a salary certificate or other documents confirming the availability of income;
2.      Individual (private) entrepreneurs having a stable business, operating for at least 6 months with proof of the existence of an active business (patent, license, certificate of individual entrepreneur and other documents);
3.      Individual (private) entrepreneurs having at least 6 months of experience in animal husbandry or 2 seasons in crop production, agriculture, horticulture with supporting documents.

Necessary documents for consideration of the application:

• Copies of the passport of a borrower, guarantor, mortgager, seller (copy of the spouse’s passport (and), marriage certificate) verified with the original;
• Salary certificate of the borrower and guarantor for the last 6-12 month, indicating the deductions, statement of the card account or other document confirming the availability of income for the last 6-12 months;
• Patent, license (if any), certificate of individual entrepreneur or other documents confirming the existence of an active business;
• Other business documents;
• Certificate from the rural administration on the availability of livestock/land share;

• local municipal statement of residence of a borrower, guarantor (at the discretion of the Credit Committee);
• Title documents for collateral;
• Extract from the Unified state register of real property rights.