
Group Loan
Tenure: Max 6 monthsThis 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