This loan assist in availing members’ opportunities for growth and development of productive purposes.

Features:

  • This Loan is granted at a maximum of 3 times the member’s total savings.
  • This Loan is repayable within 48 months.
  • This Loan attracts a 1% interest rate per month on a reducing balance.
  • The Loan must be fully guaranteed.
  • Processing fee of 1% and Insurance of 1% of the loan are recovered upfront.

Benefit

  • Top-up loan is available for Development Loan.