Lending Policy

Lending Policy

The following laws  define our lending policy which every member should take well note of:

  1. Loans are upto 3 times of a member’s savings.
  2. Interest rates is 8% per month.
  3. Loan duration is a maximum of 3 months.
  4. Late loan repayment by more than 4 days disqualifies a member to access  loan for at least 3 months