BUSINESS LOAN
The product was introduced to support business entrepreneurs, who have income generating activities.
Requirements
- L0an amount 100,000-80,000,000 millions.
- Loan period of 1- 24 months.
- Interest rates of 2.8% with declining balance.
- Repayment mode – Monthly/quarterly on a reducing balance.
- No grace period is given on this product.
- It is only given to clients who already have a running business.