Support Loan
Loan to support existing clients in maintaining business liquidity.
Support Loan helps existing clients in maintaining business liquidity with a loan size of 50% of running group loan, with a 3% monthly service charge. The loan term is flexible, and repayment is structured in equal monthly installments over the agreed period
Features
- Loan size: 50% of running group loan
- Methodology: Group
- Duration: Flexible
- Grace period: 30 days
Benefits
- No collateral
- Training on basic financial management, business planning and customer relations
- Flexible loan term
- Expert financial advice available
Documentation
- Duly completed application form
- 2 guarantor
- 4 recent passports-size photograph with white background
- A valid means of ID (national ID, driver’s license, voter’s card or international passport)
Explore other loan options
Agricultural Loan
Group loan for medium-scale farmers and non-farmers within the Agricultural Value Chain (AVC) to enhance production.
read more
Regular Loan
Group loan for micro business owners in agro-allied and non –agro allied businesses.
read more
Asset Loan
Loan for acquiring productive assets, available to individuals and groups, including walk-in-clients.
read more
SME Loan
SME Loan for small and medium-sized enterprises (SMEs) to access larger credit facilities.
read more
Business Success Loan (BSL)
This is a small business loan for business men and women, whose daily schedule does not allowed them to join a group.
read more
