Saturday, 22 October 2011

Loan Calculator for Microfinance Borrowers

As I began researching microfinance in Nairobi a months ago, I visited a dozen websites of Kenyan microfinance providers. Some of these lenders provide a detailed description of their loan products and lending terms, but rarely are loan contracts provided for public or client viewing. 

Fortunately, I stumbled upon a unique tool on the website of U & I Microfinance Ltd that I think will help current and future microfinance borrowers. This microfinance lenders provide a loan calculator [1] on its website for clients to estimate loan costs. 

On the website of U & I Microfinance Ltd, consumers will find a loan calculator that can be used to calculate their principle loan amount, interest rate and repayment period to learn an estimated total of the amount owed and monthly repayment amounts. I urge those interested in a microfinance loan to calculate the costs of borrowing before applying for a loan and/or signing a loan agreement.

You can find this tool at the following website:
http://www.uni-microfinance.co.ke/Loancalculator.html

[1] Please note that the calculator only provides an "indicative value" that may not be exact.  

13 comments:

  1. I tried this loan calculator once. It’s precise and accurate.

    it contractor mortgages

    ReplyDelete
  2. My spouse and i go through quite a few write-up concerning the theme. Yet this post is usually a very good summation as well as introduction to the theme. Ali Mudeen

    ReplyDelete
  3. Please continue to write more because it’s unusual that someone has something interesting to say about this.
    Will be waiting for more! To get new information visit here
    home loans hobart
    mortgage broker hobart

    ReplyDelete
  4. $$$ URGENT LOAN OFFER WITH LOW INTEREST RATE APPLY NOW $$$
    Do you need Loan to pay off your debt and start a new life? You have come to the right place were you can get your loan at a very low interest rate. Interested people/company should please contact us via email for more details.

    Full name:
    Date of birth (yyyy-mm-dd):
    Gender:
    Marital status:
    Amount Needed:
    Duration:
    Address:
    City:
    State/province:
    Zip/postal code:
    Country:
    Phone number:
    Monthly Income:
    Occupation:

    E-mail: shadiraaliuloancompany1@gmail.com

    ReplyDelete
  5. Thank you for sharing such great information. It has help me in finding out more detail about Education Loan Interest Calculator

    ReplyDelete
  6. Thanks for sharing the post would like to know more on study abroad usa

    ReplyDelete
  7. Dear Customers.

    We invite you all to participate in our new business and project funding program, We are currently funding for Business start-up Business developments, Business acquisition Business expansion, Project funding and Working capital etc.

    This Funding program allows a client to enjoy 3% low interest rate and payback period of 1 to 35 years. We can approve a loan/funding for up to $500,000,000.00 or more depending on the nature of business we are currently funding for and we satisfy our customers’ financial needs and help them succeed

    Application Available
    Apply via email: standardonlineinvestment@gmail.com

    ReplyDelete
  8. Are you a business man or woman? Do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you need funds to finance your project? We Offers guaranteed loan services of any amount and to any part of the world for (Individuals, Companies, Realtor and Corporate Bodies) at our superb interest rate of 3%. For application and more information send replies to the following E-mail address: standardonlineinvestment@gmail.com
    Thanks and look forward to your prompt reply.
    Regards,
    Muqse

    ReplyDelete
  9. Are you a business man or woman? Do you need funds to start up your own business? Do you need loan to settle your debt or pay off your bills or start a nice business? Do you need funds to finance your project? We Offers guaranteed loan services of any amount and to any part of the world for (Individuals, Companies, Realtor and Corporate Bodies) at our superb interest rate of 3%. For application and more information send replies to the following E-mail address: standardonlineinvestment@gmail.com
    Thanks and look forward to your prompt reply.
    Regards,
    Muqse

    ReplyDelete
  10. Thank you for sharing the information, i have got the best information. Education Loan Interest Calculator are wider concept and helps in building your career so that we can get exciting opportunity in future

    ReplyDelete
  11. Much obliged to you for sharing the information, I have the best information about Educational Loan For Abroad

    ReplyDelete
  12. We currently have funds for Financing Real Estate, Project Funding, Bridge Loans, Construction Financing, and Ordinary Loans for Company Export/Import financing projects of large volume.

    Here is the area of our funding:

    * Bridging loans
    * Business Loans
    * Personal loan
    * Investment loan
    * Auto loan
    * Construction loans
    * Debt Consolidation
    * Credit line
    * Lend Lease
    * Second mortgage
    * Credit Redemption
    * Project Financing
    * Mortgage
    * Refinancing Loans
    * Real Estate Investment loans
    * Agent/Brokers.

    Our funding interest rate is 3% with five months grace period, and the client needs to ensure his/her project with an insurance company of the total loan sum to guarantee the loan as collateral.

    E-Mail us: standardonlineinvestment@gmail.com

    ReplyDelete
  13. DO YOU NEED A LOAN?
    We give out loans with an affordable interest rate of 3%
    Captain One provide Excellent and Professional Financial Services and we are known and genuine money lenders across the globe
    Our services include the following:
    *Student Loans
    Truck Loan
    Personal Loan
    Debt consolidation loan
    Car Loans
    Business Loan
    Student Loan
    Mortgage Loan
    Refinancing Loan
    Home Loan
    Improvement loan
    Construction Loan
    Please write back if interested with our interest rate:Kindly contact us via:abdullahonlinefinance@gmail.com

    ReplyDelete