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solidarna grupa

English translation: solidarity group (lending)

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Bosnian term or phrase:solidarna grupa
English translation:solidarity group (lending)
Entered by: Veronica Prpic Uhing

23:54 Jan 14, 2006
Bosnian to English translations [PRO]
Bus/Financial - Finance (general) / credit-related terminology
Bosnian term or phrase: solidarna grupa
Vrste kreditnih proizvoda:
- Iznos: od 500 KM do 30.000 KM - Individualni krediti, kamatna stopa: 2% - 2,75%, rok otplate: 36 mjeseci;
- Iznos: od 100 KM do 3.000 KM - Solidarna grupa, kamatna stopa: 2% - 2,75%, rok otplate: 24 mjeseca...
Fuad Isabegović
Local time: 09:42
solidarity group (lending)
Explanation:
Potential client on solidarity group methodology must fulfil the following criteria:

to be private entrepreneur, deal with services, commerce or handicrafts, bookkeeping or legal services agency, or to have municipal permission for public transportation;
to have permission for commerce activity at city’s markets;
to deal with some other business activity which is not formally registered;
to have a plan for start-up of its own business;
to demonstrate entrepreneur initiative and business possibilities;
planned investment must be reason for loan;
to be a member of solidarity group which is formed in accordance with solidarity group rules.

http://www.mikrofin.com/loan_solidarni.html




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Note added at 3 hrs 27 mins (2006-01-15 03:22:20 GMT)
--------------------------------------------------

Solidarity group loans

http://www.accionusa.org/mediakit.asp
Selected response from:

Veronica Prpic Uhing
United States
Local time: 02:42
Grading comment
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +1solidarity group (lending)
Veronica Prpic Uhing


  

Answers


3 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +1
solidarity group (lending)


Explanation:
Potential client on solidarity group methodology must fulfil the following criteria:

to be private entrepreneur, deal with services, commerce or handicrafts, bookkeeping or legal services agency, or to have municipal permission for public transportation;
to have permission for commerce activity at city’s markets;
to deal with some other business activity which is not formally registered;
to have a plan for start-up of its own business;
to demonstrate entrepreneur initiative and business possibilities;
planned investment must be reason for loan;
to be a member of solidarity group which is formed in accordance with solidarity group rules.

http://www.mikrofin.com/loan_solidarni.html




--------------------------------------------------
Note added at 3 hrs 27 mins (2006-01-15 03:22:20 GMT)
--------------------------------------------------

Solidarity group loans

http://www.accionusa.org/mediakit.asp


Veronica Prpic Uhing
United States
Local time: 02:42
Native speaker of: Croatian
PRO pts in category: 8

Peer comments on this answer (and responses from the answerer)
agree  Dusica Cook
7 hrs
  -> Hvala!
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