This loan assist in availing members’ opportunities for growth and development of productive purposes.
- 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.
- Top-up loan is available for Development Loan.