Interests and costs
A clear overview so you're well prepared
Insight into our rates and conditions
Qredits offers various loans to help you start or take the next step with your business. On this page, you'll find all the rates and terms of our loans. We are very transparent about this. Everything is clear and accessible.
To give you a better overview of your monthly expenses, we've created a handy calculator tool. Use this to create clarity for yourself.
Our interest rate is composed of different components:
- Interest
- Loans
- Encouraging entrepreneurship
Rates and terms of loans
| Microcredit | Agriloan | Investment loan | Energy Loan | |
| Term | 1 to 10 years | 6 years. With an option for a 1-year extension | 4 years | 5 years |
| Interest-only period | Not applicable | 6 to 12 months | 3 months | Not applicable |
| Amount | AWG 200,000* | AWG 200,000 | AWG 50,000 | AWG 100,000 |
| Interest | 9,95% per year | 2% per year | 5,75% per year | 4,95% per year |
Payment method | Form for continuous payment instruction | Form for continuous payment instruction | Form for continuous payment instruction | Form for continuous payment instruction |
| Additional repayment | Free to make an additional 10% repayment after the first year** | Free to make an additional 10% repayment after the first year** | Free to make an additional 10% repayment after the first year** | Free to make an additional 10% repayment after the first year** |
| Processing fees (dependent on loan amount) | Microcredit | Agriloan | Investment loan | Energy Loan |
| Up to maximum AWG 10,000 | AWG 500 | AWG 500 | AWG 500 | AWG 500 |
| Up to maximum AWG 25,000 | AWG 700 | AWG 700 | AWG 700 | AWG 700 |
| Up to maximum AWG 50,000 | AWG 1,000 | AWG 1,000 | AWG 1,000 | AWG 1,000 |
| Up to maximum AWG 65,000 | AWG 1,000 | AWG 1,000 | Not applicable | AWG 1,000 |
| Up to maximum AWG 100,000 | AWG 1.65% of the loan up to a maximum of AWG 3,000 | AWG 1.65% of the loan | Not applicable | 1.65% over the total loan amount |
| Up to maximum AWG 200,000 | AWG 1.65% of the loan up to a maximum of AWG 3,000 | AWG 1.65% of the loan | Not applicable | Not applicable |
*For new entrepreneurs, a Microcredit of up to AWG 100,000 can be obtained. For existing businesses, there is the possibility of a Microcredit up to AWG 200,000. An existing business, for us, is one for which multiple years of financial statements can be provided.
**Repaying early in the first year or more than 10%? Then you will incur a penalty interest. The penalty interest is charged for the interest we lose. It consists of the difference between the agreed interest rate and a fixed percentage of 2.75% over the remaining term of the amount to be repaid.
Interest rate of Qredits
We are a non-profit foundation. We want everyone with a good plan to be able to secure financing! That’s why we keep our interest rates as low as possible.
Our interest rate is composed of different components:
The interest we pay to our lenders. We borrow money from Dutch and European financial institutions and then pass that money on to you.
A reserve for loans that are not repaid.
Encouraging entrepreneurship! We believe that money alone is not enough. That’s why every entrepreneur who borrows from Qredits can receive coaching and participate in training sessions. This is how we promote entrepreneurship!
Coaching
Anyone who borrows from Qredits can receive a coach to help with questions about their business.
Training
Qredits loan customers can participate in training programs. These include courses, webinars, and workshops on a variety of topics. Even if you are not a customer of Qredits, you can still attend these training sessions. Check out the offerings.
We believe it’s important for you to fully understand what you're agreeing to. That's why we've provided the General Terms and Conditions here. You can review everything carefully to avoid any surprises. You can download our terms and conditions via this link:
Not sure or have questions? We’re here to help! We can also provide advice on which loan, training, or coaching best fits your situation. Contact us.