Group Loan
“Unity is power. Our group loans provide the financial boost for shared dreams and collective progress.”
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Group loan details
Clients are encouraged to form groups to serve as guarantee for themselves to help secure the loan. No other collateral is needed for group loans. Though the loans are given to the group, individuals get their share of the loan up to GHS 3,000. The loan is very flexible.
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how it works
Terms and Conditions
Group Size
The group shall be at least 5 and at most 8 members
Repayment
Repayment shall be weekly
Guarantor
Each member shall serve as a guarantor to themselves.
Duration
The duration is one (1) to six (6) months
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