This product is designed for individual customers who aspire to grow their business.
Objective: To support traders in expanding their business through the grant of stock replenishment facility.
FEATURES:
- Loan application form is 1,000
- Credit search fee is 1,000
- Interest rate 6% per month on reducing balance
- Tenor is 90days
- 10% compulsory savings
- 5% upfront charges
- Repayment : Monthly, weekly, daily
- Security: 2 guarantors with photocopy of identity card Pledge of household items
- Loan will be duly guaranteed