SOFT LOANS

A facility introduced to satisfy members needs. No questions asked. No reason requested. Simply complete an application and submit your last pay slip.

The loan amount is to a maximum of  $5,000.00 to be repaid in a maximum period of six (6) months

                            AMOUNT                                       REPAYMENT PERIOD  

                                             100 – 1,000                                                                2 MONTHS

                                             1,001 – 3,000                                                             4 MONTHS

                                             3,001 – 5,000                                                             6 MONTHS

Interest rate of 5% per month. Interest is charged from the first day of the month or part thereof on the full principal until the loan is paid in full. It is salary deduction driven.

 

 

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