MICRO-CREDIT (GROUP ACCOUNT)
This product is tailored to suit the needs of investment registered groups.
Features
• Automatic loan to group members
• Free financial advice
• Affordable loan interest rates on loans
Requirements:
• Registration Certificate from the Ministry of Culture & Social Services
• Constitution of group
• Minutes of the meeting appointing the group’s signatories
• Identification card and one passport sized photograph for all officials.
• List of all group members, their contacts (including physical address)
and theirbusiness activity