Microfinance Fadima (MIFA) SA is a microfinance institution in Burkina Faso.
We offer loans over a period ranging from 3 months to 5 years with interest rates varying between 10% and 15%.
For example, a loan for an individual of 10,000,000 FCFA for a period of 2 years:Duration credit 24monthly repayment frequencyNumber of payments 24duration in year 2Interest rate 12.00%total interest 2,400,000 FCFASchedule 516,667 FCFAApplication fee 22,125 FCFAManagement fees 118,000 FCFAInsurance 0total costs 2,540,125 FCFAAPR 12.877022569 FCFAThe total cost of credit will be 12,540,125 FCFA.
https://andro.io/app/mifa
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MIFA Mobile for Android – Latest Version & Features
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