Forum > Borrower Questions > increase in total fees charged Forum Guidelines

  • Okumu Makuba
    Mombasa, Kenya

    Mar 31, 2018

    why has the current fees charged increased to 15%????


    Kusi Obodum likes this.

  • Volunteer Mentor
    Kusi Obodum
    Kumasi, Ghana

    Apr 3, 2018

    5% service fee and 10% credit risk payment.


    Darius Mukabwa likes this.
    • Moses Makokha
      Kibos - Kisumu..., Kenya

      Apr 10, 2018

      Is 10% Credit risk repayment refundable after loan repayment ?????????????


      • Joost
        Noord Brabant, Netherlands

        Apr 11, 2018

        Yes



  • Gyabeng Reagan Augustine
    Seftwi Asawinso, Ghana

    Apr 7, 2018

    You sure ,kindly calculate my charges over 25%.im applying for 1302 ghc n after charges,I'd get 977 thus over 25.how do I draw their attention



  • Moses Makokha
    Kibos - Kisumu..., Kenya

    Apr 10, 2018

    Somebody explain this to me . Why was 10% credit risk repayment introduced? I thought MLF covered this risk??? Is the 10% credit risk repayment refundable after the loan is cleared?? Help me to understand please.
    Thank you.moses


    • Joost
      Noord Brabant, Netherlands

      Apr 11, 2018

      Please read the announcement section of this forum.

      The optional MLF payment is replaced with a mandatory credit risk fee of 10%.
      This fee and the old MLF payments are both refundable.
      More info. goyimei.info/faq#faq-65


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