Group Micro Credit Loan
This is a working capital loan for individuals who have formed themselves into a group of 5 – 10 members. The application process is very simple and they enjoy group guarantee.
ELIGIBILITY: MARKET MEN AND WOMEN, ARTISANS AND OTHERS
FEATURES:
- Obtain a Loan Form
- 2 Guarantors to be obtained with at least 1 civil servant as Guarantor
- Valid Means of Identification of the Applicant and Guarantors
- Passport of the Applicant and the Guarantors to be obtained
- 3-10 Months Loan Duration
- Guarantee of Group Members
- Guarantee of the Group Executives
- 5-10 Members in a Group
- Weekly repayment system
- Easy loan procedure
- Quick turn-around time
