Chanchito

Features Chanchito

Download the Pig application and request any of the credits we have to offer you:- Individual Credit is an ideal loan for you, your family and your business.
If you meet the requirements, solve what you need for your business with the Individual Pig Loan.- Group credit is an ideal loan for you, your family and your business.
If you meet the requirements, solve what you need for your business with the Chanchito Group Credit.CONDITIONS AND MODALITIES- You can request from $300.00 to $30,000.00 pesos- The term of the loans is 3, 6 and 12 months- APR: from 30% to 39.6%- VAT: 16%- CAT: 110% to 210%EXAMPLE OF A LOAN PIGIf within the application you request a loan of $1,000 pesos for a 3-month term, making your payments weekly, making 12 periodic payments, the total amount to be paid considering ordinary interest, service commission and VAT, would be $1,174 pesos and for each payment established in the amortization table would be $97.83 pesos each agreed on the date after the dispersal of the loan.
These mentioned payments give as a result that the interest to be paid is 150 pesos of interest and VAT of $24 pesos.
Based on this example, it is how the loans requested through the application would be calculated.