- For personal, family, household and provident purposes.
- Maximum entitlement is up to three (3) times member’s savings
depending on loan cycle and previous loans repayment records - Maximum loan processing period of Ten (10) working days
- Security in the form of personal guarantor or collateral required
- Loan tenure up to 24 months (depending on Loan amount)
- Low Interest rate on reducing balance method
- Loan shall be repaid at least once a month
- Maximum loans to members per circle are as follows, depending
on member’s previous loan repayment history and ability to
repay. - Document required
- ECOWAS identification card (Ghana card)
- three (3) most recent pay slips (for salary workers)
- Original document of collateral
