Development Loan

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Purpose of this loan

To enable members expand their businesses and buy fixed assets like land, cars, houses etc.

Maximum Amount

Maximum amount is capped at four times of deposits at interests of 13% per annum.

Repayment Period

Maximum repayment period is 6 years (72 months) done monthly. A member is allowed to have several development loans as long as the above conditions are met.

Apply for the Development Loan

To apply for this loan, download the application form fill it and submit via Be sure to include the following

  • Application Form