Accion East Charges Interest

Accion East, a US-based Kiva Partner, charges interest (despite having some visible Muslims apply for loans with them).

Kiva Support writes:

Accion East does charge interest:

“Accion East offers competitive fixed interest rates that range from 8.99% to 15.99%. Our average term is between 2 and 3 years, although in some instances terms may go up to 60 months (5 years). Closing fees range from 3% to 6%.”

https://secure2.accioneast.org/GLOBAL/FAQs/tabid/140/language/en-US/Default.aspx

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