Members Eligibility for a Loan: 

         

  1. Emergency Loans
  • Amount borrowed shall not be more than 60% of the member’s savings.
  • It attracts a one-off interest of 10%.
  • Member’s savings will be used to settle the loan when it’s unpaid and past deadline.
  • Borrowers are eligible to borrow immediately after payment.

 

         

   2. Normal Loans

    • These is given at a value that is four (4) times (*) your savings.
    • They attract an interest of 1 % monthly payable in a minimum period of six months.
    • It requires at least 2 guarantors who are active members.

 

Loan Products

Message
Hide Buttons