Loans

Loans are given at low interest rate on a declining balance basis for members only.

Members obtain loans for School fees, land purchase, medical fees, school fees and investments like building schools, agricultural investment and other purposes.

Loan amount depends on a member’s savings and shares;

  1. No guarantor need: Applies when a members has 25% shares and savings of 50%.
  2. Guarantor needed: If you does not have 25% shares and not with 50% of the savings.