Loan Packages
Salary Loan
This product shall be granted to employee working in public or private organization who are willing to improve their standards of living through getting loans. The loan shall be used for specific earmarked purpose but mostly for personal development activities.
ChapChap Loan
This product is designed to meet needs of micro and small entrepreneurs operating viable economic activities in the market centers and potential business places. The product is worthy to entrepreneurs having small capital and low level of turnover but they have opportunity to improve their sales. The product is reliable, fast and convenient to get on time so as to boost borrower business growth.
Individual Loan
Designed to meet needs of existing micro and small entrepreneurs operating viable commercial activities. The loan shall be granted to client owning income generating activity so as to improve business growth.
Emergency Loan
This product is suitable to individuals having short term needs to finance urgent transactions.
Requirements
FOR ANY LOAN APPLICATION
Applicant must have a business/job or both.
The business must have been running for more than 6 months or having a long-term employment contract.
The applicant must be of the age 18 years and above.
The applicant must have a national ID/voter ID/driver’s license.
The applicant must have a sponsor who is employed or owns a business.