Special loan

This is a loan product targets members who are going on mission in Somalia but need funds to leave with their family members for the period while on mission.

Product features and benefits

Maximum loan period of 12months .
Attracts interest rate of 12% per annum .
Repayment from Mission Allowances
Lump-sum installments of 2-4 months from earned allowances

Loan Granting Procedures

Basic Considerations when appraising loans