Loan Type | Amount | Tenure | Interest Rate | Administration Fees | Credit Life Insurance | Savings Requirement |
Joint Liability Group Loan
(Individually and joint run projects) |
From $100 | 1 – 9 months | 6% per month | 6% up-front once off | 1% | 10% of loan amount required |
Micro Farming Loan
(Inputs, tillage, harvesting etc) |
From $100 | 1 – 9 months | 6% per month | 6% up-front once off | 1% | 10% of loan amount required |
Micro Enterprise Loan
(Cross Border Trading, Working Capital, Bridging Finance, Order Finance etc) |
From $100 | 1 – 9 months | 6% – 10% per month | 6% – 7.5 up-front once off | 1% | 10% of loan amount required |
SME Loan
(Working Capital, Bridging Finance, Order Finance etc) |
From $100 | 1 – 12 months | 6% – 10% per month | 6% – 7.5 up-front once off | Key Man Life Insurance | 10% of loan amount required |
Micro Leasing/Asset Finance Loan
(farming implements, machinery etc) |
From $100 | 1-36 months | 6% per month | 6% up-front once off | 1% + Asset Insurance | 10-30% Deposit
(of loan amount requested) |
Civil Servants (SSB) Loan
(Moonlighting, life events, etc) |
From $100 | 1- 24 months | 7.5% per month | 7.5% up-front once off | 1% | Nil |
Pensioners Loan
(working capital, life events, etc) |
From $100 | 1 – 24 months | 7.5% per month | 7.5% up-front once off | 1% | Nil |
Corporate Lending Loan
(Direct Payroll deducted Salary-Based Loans for Staff of Private Companies to finance- Moonlighting, life events, etc) |
From $100
|
1-12 months | 7.5% per month | 7.5% up-front once off | 1% | Nil |
Consumer Loan
(Salary-based loans without direct deduction from payroll to finance – Moonlighting, life events, etc)) |
From $100
|
1-12 months | 10% per month | 7.5% up-front once off | 1% | Nil |