Tools & Resources Opportunity Bank Serbia: Loan Calculator

Opportunity Bank Serbia: Loan Calculator

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Opportunity Bank Serbia shared with the Campaign their Loan Calculator Toolkit for determining the appropriate loan size for a potential client. Based heavily on information gathered from the national credit bureau, this Excel-based tool requires a thorough evaluation of the client’s business, family income, and existing debt.

Opportunity_Bank_SerbiaAs noted in Principle 1, Avoidance of Client Over-indebtedness, all financial institutions should carefully establish the borrower’s ability to afford their loan and repay it. Borrowers should be able to handle debt service requirements without sacrificing their basic quality of life. Similarly, the institution takes adequate care that non-credit, financial products (such as insurance) extended to low-income clients are appropriate to their needs and means.

Opportunity Bank Serbia shared with the Campaign their Loan Calculator Toolkit for determining the appropriate loan size for a potential client. Based heavily on information gathered from the national credit bureau, this Excel-based tool requires a thorough evaluation of the client’s business, family income, and existing debt. Loan officers answer the required questions, and the tool automatically calculates the client’s risk profile, according to the standards set by the bank. This calculation helps loan officers make quality disbursement decisions and minimize the risk of client over-indebtedness.

Download the Spreadsheet (English) »

Download the Spreadsheet (Serbian) »