MICRO-CREDIT (GROUP ACCOUNT)
This product is tailored to suit the needs of investment registered groups in the Micro credit membership. Loans can be granted to individual or group members or to the entire group (Chamaa)
Account 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 their business activities.
Click Here to download Account opening Form
Click Here to download Nominee Declaration and Tai Sacco Indemnity Forms
