This loan is designed to assist those who are into productions of materials, savings deposit for this loan type varies in accordance to the amount of loan required as detailed.
50,000 and above: savings deposit is 25%.
100,000 to 199,000: savings deposit is 30%.
200,000 and above: savings deposit is 40%.
The interest rate for weekly repayment is 10% with 24 weeks repayment period while interest rate for monthly repayment is 18% with repayment period of five(5) months. To access this loan, two(2) guarantors are needed, one civil servant, minimum level 12, all the necessary documents must be checked.