General loans
This loan facility is secured by members’ savings) and/or collateral.
Features
- Up to 200 million
- An interest rate of 10% straight line
- Period of up to 3 years
Plan Benefits
- Favorable interest rates are offered.
- Flexible repayment terms
- Repayable in regular bi-weekly or monthly loan installments.
Requirements
- 33% of the requested loan amount is in savings.
- Completed Loan application form
- Acceptable collateral may be:
- Property i.e., Land & Buildings
- Savings
- Guarantors (where applicable)
We also offer:
Loans
We offer a variety of loan options to help our members finance their personal and business needs.
Savings Accounts
Our savings accounts are designed to help our members save money for the future.
Insurance
As an added essential insurance service, is to promote the members’ welfare.