The maximum loan granted is Ten Thousand Dollars ($10,000.00) with adequate security with an interest rate of 9% per annum. Each member who requests a loan not more than Two Thousand dollars ($2.000.00), must provide a guarantor who must be a financial member of the Association for at least five years.

REPAYMENT PERIOD:

Loans from $3,000.00 to $7,000.00 should be repaid in three years.
Above $7,000.00 – 4 years
Up to $3,000.00 – 2 years