Group Loan (GL)

Requirements

To qualify, the applicant must:

1. Be a civil servant or an employee, shareholder, director or proprietor of an organization with which the Company has prior arrangement or a respectable.
2. Furnish a certified copy of a valid ID (driving license, national ID, voter's ID)
3. Furnish a certified copy of TIN.
4. Furnish one recent colour passport sized photograph
5. Furnish a copy of proforma invoice, sale agreement, etc.
6. Furnish a valuation report from a valuer listed as one the Company's service providers.
7. Furnish a certified copy of the certificate of incorporation/registration (for business owners only)
8. Furnish certified copies of latest 3 months pay slips (for salaried employees only)
9. Furnish certified copy of the employment contract (for salaried employees only) and
10. Sign the requisite loan agreement.

Terms

1. Repayment period ranges from 1 to 18 months (maximum).
2. There are no penalties where the borrower opts to discharge financial liability before the end of the contract term.

Amounts

Access to Facility