The payment term is 7 years, including 2 years of grace. The interest rate is 8.16% during the study period.
According to figures from the Superintendency of Banking and Insurance (SBS), until March of this year the loans delivered by the two institutions have meant $ 7.47 million. The Pacific Bank gave 51.11% of this value.
According to the website of the organization, the loans cover titration periods up to eight years and once completed, a period of one year of grace is given to start paying the debt.