Opportunity Solidarity Loans

Ideal for customers who are unable to meet formal collateral requirements but have good character and a proven credit history. Credit approach used focuses on joint group liability and peer pressure to ensure repayment.

MAIN FEATURES

• Character based loans to clients without formal collateral.
• Minimum amount a business can borrow is 100,000/=.
• Maximum credit Limit is...15,000,000/=.
• Repayment period of 4 to 36 Months.

MAIN BENEFITS

• Competitive interest rates.
• No formal collateral is required.
• Apply from any of our branches countrywide.
• Easy and convenient to access.

MAIN REQUIREMENTS

• 20-40 members form a group to cross guarantee each other.
• Loan security fund of 15% of loan amount
• LOS (training) 4,000/=
• Registration fees 2,000/=
• MTR booklet 1,000/=