TYM MFI LOWERS INTEREST RATES OF MICRO-LOANS

13/05/2019

this interest rate reduction is a great effort of TYM to help many women have the opportunity to access loans at reasonable costs

From May 20, 2019, TYM will reduce interest rates of some micro-loan products. This is the third time that TYM has lowered loan interest rates in the past 3 years.

Accordingly, interest rates of the following types of loans will be lowered from May 20, 2019, including short-term and medium-term loans:

  • Short-term loans:

1/ Policy loan: decrease 0.02%/week (decrease 1%/year)

2/ Loan for near-poor households: decrease 0.02%/week (decrease 1%/year)

3/ Economic development loan: decrease 0.01%/tuần (decrease 0.5%/year)

  • Medium-term loan:

4/ Construction loan: decrease 0.01%/tuần (decrease 0.5%/year)

It can be said that this interest rate reduction is a great effort of TYM to help many women have the opportunity to access loans at reasonable costs.

Find out about TYM’s loan products here.
Contact TYM’s nearest branch for loan advice here.

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