Institutional Group Loan

The product targets institutions like churches, schools, dips and organized groups


  • Active bank statement for at least 4months
  • Should be registered by Authorization
  • Should have standing order for monthly shares deduction
  • Members should have common objective loaning
  • Based institutional group shares
  • Multiplying factor 4 times
  • Deduction contribution for at least 4 months
  • In case of micro credit no loan will be issued if individual member has defaulted loan
  • Business proposal plan and projection should be attached
  • Group official should dully sing the loan for and attach id copies and 1 coloured passports