Outright loans
This is designed for micro entrepreneurs and small business owners who desire to borrow for business purposes but lack conventional collateral to secure their loans. Our aim in this regard is to help our customers grow.
BENEFITS
- Access to loans depending on your thrift collection savings daily rate
- No collateral requirements
- Competitive interest rates
- Fixed affordable repayments
- Opportunity to access larger loans and longer tenures
- No hidden charges
- Dedicated loan officers
WHO QUALIFIES?
- Individuals who have maintained an active savings account with us for at least 3 months
- Individuals who demonstrates ability to repay
- Individuals who can provide guarantors
HOW DO I APPLY
- Complete the Stalak loan application form which you may pick up from our loan officers or from any of our branches
- Submit your application plus all supporting documents and a passport size photograph to any of our loan officers