Projects

Projects

PRODUCTS

SAVINGS PRODUCTS NORMAL SAVINGS ACCOUNT

It is the traditional account of every member and is through this account that members can qualify for the first loan.

Product Features
8% interest per annum
Minimum account balance of USD 100.00
No third party withdrawal
No Commission on turnover
Twice withdrawal in a month

FLEXI SAVINGS ACCOUNT

Excellent product for individual and corporate with regular withdrawals needs on their account and require prompt access to their money.

Product Features
3% interest annually
No minimum balance
No Commission on turnover
No withdrawal charges
Ideal for salary workers and business people who do regular withdrawal
A cheque book is given
Access to overdraft

KIDDI SAVINGS ACCOUNT

This is an interest bearing account which seeks to help parents build a future for their children and also cultivate a saving culture at an early stage.

Product Features
Annually competitive interest of 10% on the account
Zero opening balance
Regular monthly deposit

LOANS PRODUCTS

SPECIAL LOAN

Are you a government or corporate employee in need of extra cash? Whether you need to pay for school fees or buy an appliance for your home, a Goverment Worker Loan provides quick cash when you need it.

Product Features
Save 40% of the loan amount you want at a reducing balance.
Interest rate of 25.05 % per annum
1 year repayment period

NORMAL LOAN

Get extra quick cash to support your business, buy an appliance.

Product Features
Take a loan twice your savings at a reducing balance
Interest rate of 19.5% per annum
1 year repayment period

EMERGENCY LOAN

Do you need quick cash for funeral or wedding events. Get an extra quick cash with flexible terms.

Product Features
All Emergency Loans @ 4% interest
Funeral Loan: 1 month
Rent Loan: 1 – 6 months
Wedding: 1 month
Goods Clearing: 1 – 6 months

MICRO LOAN

This product is design for our susu contributors who need small amount of loans to support their business.

Product Features
Design for our susu contributors
4.2 % interest monthly
No Commission on turnover
6 months repayment period