Features

• Membership spanning at least six months.
• Qualifying loan is 3 times member's deposits.
• Maximum loan limit 20million
• The maximum repayment period is 48 months
• Interest to be charged at 1% per month on the outstanding loan balance at the end of the month (equivalent to 12.68% APR)
• The Security shall be the Applicant's and guarantors deposits
• Other acceptable collaterals