Loan Details
- Initially, applicants can borrow from $700.00 up to $5,000.00.
- Interest rate of 5 % on the reducing balance.
- Security free.
- Negotiable payments.
Before disbursement, approved applicants are required to attend our entrepreneurial programme. The programme consist of the following modules:
- Financial literacy
- Intro to management
- Marketing and
- Customer service excellence
Additional training workshops and seminars are facilitated, provided (see our training schedule online).
Why should you repay
- Given the fund is revolving, paying your loan will assist others in having access to loans just as you did.
- Qualification for a second loan up to $10,000.00.
- Generation of credit history, and improvement of existing credit rating.
- Ability to obtain loans from other financial institutions.
- Sustainability of the fund for many years to come.