Mi Ahorro - Bimbo app analytics for September 8

Aplicación de Caja y Fondo de Ahorro de los Colaboradores de Grupo Bimbo Minimum period for repayment: 1 week Máximum period for repayment: 156 weeks Maximum Annual Percentage Rate (APR): 14% yearly Representative example: Principal Loan Amount: $1,000 Loan Tenure (Repayment Period): 21 days Annual Percentage Rate: 14% Service/Onboarding Fee: $0 Disbursement Amount: $1,000 Sample Weekly Payment: $335.07 Sample Interest Calculation: $1,000 principal x 0.26% (14%/52 weeks per year) = $2.6 interest 1st period. Total Cost of the Loan: $5.21 ($5.21 Interest + $0 Service Fee) Total Repayment Amount: $1,005.21