Special Loan Tier I

This is a loan product given to members who are in need of huge amount of loan yet their pay- slip cannot allow repayment of loan and interest done separately.i.e the principal repayment and interest are deducted as one lump sum figure in the pay slip.

Terms and conditions.
1. Maximum repayment period is seventy two (72) months.
2. The Loan is given up to x6 of one’s shares
3. Given instantly to the qualifying members.
4. The repayment is added to interest and paid as a constant figure.
5. Minimum of three guarantors are required.
6. The deposits contribution of both the borrower and the guarantors shall be equal or more than the loan so given