Microloan calculator
Microlenders quote a daily rate, not an annual one. Since 21 August 2024, Law No. 3498-IX caps it at 1% a day, i.e. 365% a year, and fees count towards the cap. If an agreement asks for more, walk away. The calculator shows how much you'll repay and what each day costs.
What it covers
- loan amount and term
- the daily rate
- total cost and annual rate
What it leaves out
- late-payment fines and penalties
- loan extensions
Rates in this calculator were checked on 5 October 2026 · all rates and sources