BAF PraDana-Dana Tunai Hint

BAF PraDana is an unsecured microfinance for

productive needs using Sharia principles with a Mudharabah Agreement.

Mudharabah Agreement

Is a cooperation contract in a business between

two parties where the first party provides all the capital (shahib mal),

while the second party acts as a fund manager (mudharib),

and business profits are divided between them in accordance with the agreement of the parties.

Financing Details

Capital : Rp. 1,000,000.- to Rp. 5,000,000.-

Profit Sharing Ratio: Consumers: BAF = 45%: 55%

Administration Fee: starting from IDR 75,000 (including stamp duty)

Financing Period: 1 Month to 6 Months

General terms and conditions for profit sharing (ratio) are as follows:

The profits obtained are the result of management

mudharabah financing funds provided

The amount of profit sharing is expressed in the form of an agreed ratio

Mudharib has to pay the share of the profit that belongs to BAF

periodically according to the agreed period

BAF will not receive profit sharing,

in the event of a failure or default that occurs not due to the mudharib's negligence

If there is a business failure that results in a loss

caused by mudharib negligence,

then the loss must be borne by the mudharib (becoming BAF receivables)

Disclaimer:

* This is a Guide application that helps you to get Loans Online