General eligibility

Should have secured a contract with a private and reputable business entity

Features

1. Loan maturity is a maximum of 1 year, and its repayment structure should be tied to the terms on the contract.
2. Interest rate applicable will be based on the purpose of the contract for categorization
3. Collateral is required
4. Assessment is solely based on the contents of the contract
5. The contract in question must be available for assessment

Mode of Calculation

Installments will be calculated using the flat method to be deducted on a monthly basis.

Interest rate

Interest rate is 5.5% per month, with a commission of 2.5% on initial principal for all loans