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Afrocash Micro Rates @9%

The document provides a detailed table of AFROCASH micro loan rates for various amounts over different loan durations ranging from 3 to 12 months. The rates decrease as the loan amount increases, with specific interest rates listed for each month. Additionally, it outlines the requirements for obtaining a loan, including a current payslip, national ID, proof of residence, and bank statements.
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0% found this document useful (0 votes)
6 views3 pages

Afrocash Micro Rates @9%

The document provides a detailed table of AFROCASH micro loan rates for various amounts over different loan durations ranging from 3 to 12 months. The rates decrease as the loan amount increases, with specific interest rates listed for each month. Additionally, it outlines the requirements for obtaining a loan, including a current payslip, national ID, proof of residence, and bank statements.
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

AFROCASH MICRO RATES

Loan
3 Months 4 Months 5 Months 6 Months 7 Months 8 Months 9 Months 10 Months 11 Months 12 Months
Amount
9% 3 4 5 6 7 8 9 10 11 12

50.00 21.17 17.00 14.50 12.83 11.64 10.75 10.06 9.50 9.05 8.67
100.00 42.33 34.00 29.00 25.67 23.29 21.50 20.11 19.00 18.09 17.33
150.00 63.50 51.00 43.50 38.50 34.93 32.25 30.17 28.50 27.14 26.00
200.00 84.67 68.00 58.00 51.33 46.57 43.00 40.22 38.00 36.18 34.67
250.00 105.83 85.00 72.50 64.17 58.21 53.75 50.28 47.50 45.23 43.33
300.00 127.00 102.00 87.00 77.00 69.86 64.50 60.33 57.00 54.27 52.00
350.00 148.17 119.00 101.50 89.83 81.50 75.25 70.39 66.50 63.32 60.67
400.00 169.33 136.00 116.00 102.67 93.14 86.00 80.44 76.00 72.36 69.33
450.00 190.50 153.00 130.50 115.50 104.79 96.75 90.50 85.50 81.41 78.00
500.00 211.67 170.00 145.00 128.33 116.43 107.50 100.56 95.00 90.45 86.67
550.00 232.83 187.00 159.50 141.17 128.07 118.25 110.61 104.50 99.50 95.33
600.00 254.00 204.00 174.00 154.00 139.71 129.00 120.67 114.00 108.55 104.00
650.00 275.17 221.00 188.50 166.83 151.36 139.75 130.72 123.50 117.59 112.67
700.00 296.33 238.00 203.00 179.67 163.00 150.50 140.78 133.00 126.64 121.33
750.00 317.50 255.00 217.50 192.50 174.64 161.25 150.83 142.50 135.68 130.00
800.00 338.67 272.00 232.00 205.33 186.29 172.00 160.89 152.00 144.73 138.67
850.00 359.83 289.00 246.50 218.17 197.93 182.75 170.94 161.50 153.77 147.33
900.00 381.00 306.00 261.00 231.00 209.57 193.50 181.00 171.00 162.82 156.00
950.00 402.17 323.00 275.50 243.83 221.21 204.25 191.06 180.50 171.86 164.67
1,000.00 423.33 340.00 290.00 256.67 232.86 215.00 201.11 190.00 180.91 173.33
1,250.00 529.17 425.00 362.50 320.83 291.07 268.75 251.39 237.50 226.14 216.67
1,500.00 635.00 510.00 435.00 385.00 349.29 322.50 301.67 285.00 271.36 260.00
1,750.00 740.83 595.00 507.50 449.17 407.50 376.25 351.94 332.50 316.59 303.33
2,000.00 846.67 680.00 580.00 513.33 465.71 430.00 402.22 380.00 361.82 346.67
2,250.00 952.50 765.00 652.50 577.50 523.93 483.75 452.50 427.50 407.05 390.00 REQUIREMENTS
2,500.00 1,058.33 850.00 725.00 641.67 582.14 537.50 502.78 475.00 452.27 433.33 Current Payslip
2,750.00 1,164.17 935.00 797.50 705.83 640.36 591.25 553.06 522.50 497.50 476.67 National ID
3,000.00 1,270.00 1,020.00 870.00 770.00 698.57 645.00 603.33 570.00 542.73 520.00 Proof Of Residence
3,250.00 1,375.83 1,105.00 942.50 834.17 756.79 698.75 653.61 617.50 587.95 563.33 3 MonthsBank Statemnet
3,500.00 1,481.67 1,190.00 1,015.00 898.33 815.00 752.50 703.89 665.00 633.18 606.67
3,750.00 1,587.50 1,275.00 1,087.50 962.50 873.21 806.25 754.17 712.50 678.41 650.00
4,000.00 1,693.33 1,360.00 1,160.00 1,026.67 931.43 860.00 804.44 760.00 723.64 693.33
4,250.00 1,799.17 1,445.00 1,232.50 1,090.83 989.64 913.75 854.72 807.50 768.86 736.67
4,500.00 1,905.00 1,530.00 1,305.00 1,155.00 1,047.86 967.50 905.00 855.00 814.09 780.00
4,750.00 2,010.83 1,615.00 1,377.50 1,219.17 1,106.07 1,021.25 955.28 902.50 859.32 823.33
5,000.00 2,116.67 1,700.00 1,450.00 1,283.33 1,164.29 1,075.00 1,005.56 950.00 904.55 866.67
5,250.00 2,222.50 1,785.00 1,522.50 1,347.50 1,222.50 1,128.75 1,055.83 997.50 949.77 910.00
5,500.00 2,328.33 1,870.00 1,595.00 1,411.67 1,280.71 1,182.50 1,106.11 1,045.00 995.00 953.33
5,750.00 2,434.17 1,955.00 1,667.50 1,475.83 1,338.93 1,236.25 1,156.39 1,092.50 1,040.23 996.67
6,000.00 2,540.00 2,040.00 1,740.00 1,540.00 1,397.14 1,290.00 1,206.67 1,140.00 1,085.45 1,040.00
6,250.00 2,645.83 2,125.00 1,812.50 1,604.17 1,455.36 1,343.75 1,256.94 1,187.50 1,130.68 1,083.33
6,500.00 2,751.67 2,210.00 1,885.00 1,668.33 1,513.57 1,397.50 1,307.22 1,235.00 1,175.91 1,126.67
6,750.00 2,857.50 2,295.00 1,957.50 1,732.50 1,571.79 1,451.25 1,357.50 1,282.50 1,221.14 1,170.00
7,000.00 2,963.33 2,380.00 2,030.00 1,796.67 1,630.00 1,505.00 1,407.78 1,330.00 1,266.36 1,213.33
7,250.00 3,069.17 2,465.00 2,102.50 1,860.83 1,688.21 1,558.75 1,458.06 1,377.50 1,311.59 1,256.67
7,500.00 3,175.00 2,550.00 2,175.00 1,925.00 1,746.43 1,612.50 1,508.33 1,425.00 1,356.82 1,300.00
7,750.00 3,280.83 2,635.00 2,247.50 1,989.17 1,804.64 1,666.25 1,558.61 1,472.50 1,402.05 1,343.33
8,000.00 3,386.67 2,720.00 2,320.00 2,053.33 1,862.86 1,720.00 1,608.89 1,520.00 1,447.27 1,386.67
8,250.00 3,492.50 2,805.00 2,392.50 2,117.50 1,921.07 1,773.75 1,659.17 1,567.50 1,492.50 1,430.00
8,500.00 3,598.33 2,890.00 2,465.00 2,181.67 1,979.29 1,827.50 1,709.44 1,615.00 1,537.73 1,473.33
8,750.00 3,704.17 2,975.00 2,537.50 2,245.83 2,037.50 1,881.25 1,759.72 1,662.50 1,582.95 1,516.67
9,000.00 3,810.00 3,060.00 2,610.00 2,310.00 2,095.71 1,935.00 1,810.00 1,710.00 1,628.18 1,560.00
9,250.00 3,915.83 3,145.00 2,682.50 2,374.17 2,153.93 1,988.75 1,860.28 1,757.50 1,673.41 1,603.33
9,500.00 4,021.67 3,230.00 2,755.00 2,438.33 2,212.14 2,042.50 1,910.56 1,805.00 1,718.64 1,646.67
9,750.00 4,127.50 3,315.00 2,827.50 2,502.50 2,270.36 2,096.25 1,960.83 1,852.50 1,763.86 1,690.00
10,000.00 4,233.33 3,400.00 2,900.00 2,566.67 2,328.57 2,150.00 2,011.11 1,900.00 1,809.09 1,733.33
10,250.00 4,339.17 3,485.00 2,972.50 2,630.83 2,386.79 2,203.75 2,061.39 1,947.50 1,854.32 1,776.67
10,500.00 4,445.00 3,570.00 3,045.00 2,695.00 2,445.00 2,257.50 2,111.67 1,995.00 1,899.55 1,820.00
10,750.00 4,550.83 3,655.00 3,117.50 2,759.17 2,503.21 2,311.25 2,161.94 2,042.50 1,944.77 1,863.33
11,000.00 4,656.67 3,740.00 3,190.00 2,823.33 2,561.43 2,365.00 2,212.22 2,090.00 1,990.00 1,906.67
11,250.00 4,762.50 3,825.00 3,262.50 2,887.50 2,619.64 2,418.75 2,262.50 2,137.50 2,035.23 1,950.00
11,500.00 4,868.33 3,910.00 3,335.00 2,951.67 2,677.86 2,472.50 2,312.78 2,185.00 2,080.45 1,993.33
11,750.00 4,974.17 3,995.00 3,407.50 3,015.83 2,736.07 2,526.25 2,363.06 2,232.50 2,125.68 2,036.67
12,000.00 5,080.00 4,080.00 3,480.00 3,080.00 2,794.29 2,580.00 2,413.33 2,280.00 2,170.91 2,080.00
12,250.00 5,185.83 4,165.00 3,552.50 3,144.17 2,852.50 2,633.75 2,463.61 2,327.50 2,216.14 2,123.33
12,500.00 5,291.67 4,250.00 3,625.00 3,208.33 2,910.71 2,687.50 2,513.89 2,375.00 2,261.36 2,166.67
15,000.00 6,350.00 5,100.00 4,350.00 3,850.00 3,492.86 3,225.00 3,016.67 2,850.00 2,713.64 2,600.00
17,500.00 7,408.33 5,950.00 5,075.00 4,491.67 4,075.00 3,762.50 3,519.44 3,325.00 3,165.91 3,033.33
20,000.00 8,466.67 6,800.00 5,800.00 5,133.33 4,657.14 4,300.00 4,022.22 3,800.00 3,618.18 3,466.67

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