Consumer Credit – Express Loans for Individuals and Individual Entrepreneurs
Effective from November 24, 2025
Loan Purpose: Purchase of a personal vehicle, acquisition of durable goods, repair and construction purposes, urgent needs, and other purposes.
Applicant Requirements
- ■ Age from 19 to 65 years
- ■ Availability of stable income
- ■ Work experience for employees: at least 3-6 months at the last place of work
- ■ Positive credit history
Loan Conditions
Loan Amount from 100,000 to 1,500,000 SOM
Loan Term from 6 mo. to 48 mo.
Interest Rate from 27% to 29% per annum*
Commission 0%
*The interest rate depends on the loan amount.
Loan Security
- ■ 100,000 SOM – 200,000 SOM: no collateral
- ■ 200,001 SOM – 500,000 SOM: 1 guarantor
- ■ 500,001 SOM – 700,000 SOM: 1-2 guarantors (1 financial guarantor allowed)
- ■ 500,001 SOM – 1,000,000 SOM: movable/immovable property
- ■ 1,000,001 SOM – 1,500,000 SOM: movable/immovable property + 1 guarantor
Required Documents
- ■ Loan application
- ■ Certificate/Statement of salary or other documents confirming income
- ■ Copy of the passport and extract from the SRS of the Borrower and spouse (digital format acceptable)
- ■ Copy of the marriage certificate
- ■ Document confirming the place of residence or ownership of property
- ■ Spousal consent
- ■ For collateral: Title documents for real estate or Technical Passport for the vehicle (year of manufacture not earlier than 2010)
Loan Calculator
Calculate the cost of the loan with the new flexible interest rate.
Loan Parameters
29 % per annum
Calculation Result
Monthly Payment
Principal Debt
Overpayment
Total Repayment
The calculation is preliminary. The interest rate depends on the loan amount.
Public Fund Microcredit Agency
Financial Fund
Financial Fund
