Long term loans have a lifetime of 3 years with a compounded interest rate of 6% with no collateral except the guarrantee of 2 of the employee's colleagues. This type of loan is given based on the monthly amount of the contribution as well as the seniority of the employee. A matrix has been designed and published that shows the maximum loan amount by contribution and seniority bracket and is found for download in the "Useful Documents" page. Repayment of this loan's principle and interest is made over 16 months a year (for 3 years, i.e. 48 payments) in equal amounts. This is shown in a matrix as well and is ready for download in the "Useful Documents" page.