GROUP LOANS (CREDIT WITH EDUCATION)

This is a community based credit with education facility granted to groups of individuals living in the rural areas. Meetings are held weekly and loan repayments are collected by the loan officer on the meeting day. The groups are taken through six weeks training before loans are disbursed to them.

Basic Requirements

  1. Must be residence in a rural community.
  2. Membership must consist of small and micro entrepreneurs from same location.
  3. Members should be friends in business with no blood relations.
  4. Ability to co-guarantee for each other.
  5. Willing to attend group meetings on weekly basis
  6. Be of sound mind and health.
  7. Willing to abide by all the rules and regulations as laid down in the group constitution.

Get In Touch with Us

If you are interested in any of our service or need further information regarding our organization and services, fell free to contact us or apply for any service of your interest.