Description of Credit:

• The credit limit per family is currently set at $5,000
• Interest is approximately 10%
• The cost of the dossier is included in the interest rate
• The repayment period varies between 10 and 36 months
• Rate of repayment depends upon the feasibility study findings

Terms of Credit:

Approval of a loan by AEP depends on the personal, family and financial situation of the applicant and the project to be financed.

AEP favors people with one dependent, a modest income and who has had difficulty obtaining a loan from a bank.

The project must be professional and not personal, achievable and productive. A feasibility study will be carried out by AEP before loan approval.

For more information on credits please contact us