A product designed to encourage small and medium scale enterprises to organise themselves in groups to acquire loans to expand their business as well as encourage them to save.
Features
• Willingness to undergo a maximum training for 8 weeks
• Repayments are weekly, Bi-weekly, Monthly
• The group solidarity mechanism is applied
• No commitment fee charged
• Must held Group meetings at least twice every monthly
• Shall be in an identifiable group
• A member shall be in an active income generating activities not less than six months
Benefits
• Enjoy competitive interest rate
• Free National Health Insurance
• Ability to accumulate fund for the future
• Free business advice
• Enjoy convenient and flexible repayment terms