Business Loan


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As a way of empowering members, our cooperative society gives its members loans to start a business or grow an already existing business.

This type of loan is to give room for the growth of entrepreneurship and small-scale businesses.

To qualify for this loan, the applicant’s business plan must convince us of the viability of the business for which the loan is required for.

The loan will be valued at twice (200%) of the cumulative contributions.

The maximum repayment period for this loan is 12 months with an interest rate of 1.5% per month and one month moratorium.

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