The member must be operating a current account with us. If not, then they must be having normal shares, a minimum of a third of the loan amount applied.
For the operating current accounts, their monthly deposits average will determine how much they can be able to repay the loan, hence the amount they qualify for.
Business assessment report by a credit officer.
A chattel mortgage agreement is to be prepared through our appointed lawyer upon which the particular loan application can be deemed complete.
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