File opening fees: Money charged to the borrower at the time of the application. It is payable once and fixed.

Processing Fee: a charge related to the ongoing administrative and preapproval activities. It is payable once and fixed.

Facility fees: charges imposed to a client for arranging credit facilities. It is payable once and fixed.

Lending rate: is the proportion of the amount charged, expressed as a percentage of principal charged to a client. It is calculated periodically.

Servicing fees: is the percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for keeping a record of payments, collecting and making escrow payments, passing principal and interest payments along to the note holder

LOAN TYPE FILE OPENING FEES PROCESSING FEES FACILITY FEES LENDING RATE SERVICING FEES
Shareholders Loan  0.0%  1.0%  1.0%
Min. Rwf 300.0
 Base rate + (0.0-3.0%)  1.0%
Loyal Loan  1.0%  1.5%  1.0%
Min. Rwf 300.0
 Base rate + (2.0-5.0%)  1.5%
Special Purpose Loan  1.0%
 Max. Rwf 2,000.0
 1.0%
 Max. Rwf 5,000.0
 0.5%
 Max. Rwf 1,000.0
 Base rate + (0.0-3.0%)  2.0%
Quick Loan  2.0%  1.5%  1.0%
 Min. Rwf 300.0
 Base rate + (4.0-9.0%)  1.5%
Entity Loan  1.0%  1.0%  1.0%
 Max. Rwf 1,000.0
 Base rate + (0.0-3.0%)  1.2%
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