Group Loan

Tenure: Max 6 months

This loan facility is meant for members of established groups, association and cooperative. It helps those associations/unions to bridge their financial gaps

Features and Benefit:

• Recognised groups are all allowed to participate
• Minimum of 5 members allowed
• Members must belong to the same association
• Weekly loan repayment
• Corporate guarantee of association/union executives before loan is granted
• Dedicated loan officers
• Flexible collateral requirement
• Access within 3 weeks after completion of application and documentations