SME Monthly Loan

The structure of this loan product is similar to the SME Weekly above except that its repayment mode is monthly which is to meet the business trend of those whose businesses cannot fit into the weekly repayment mode. Repayment period is five(5) months with one month moratorium, interest rate is 20%. Interest rate -20%, two(2) guarantors are also required for which one of them must be a civil servant with minimum of level 12 in service.