Household Loan

A simple and accessible loan designed for members without existing loans, ideal for starting personal or investment projects.

Loan Overview

The Development Loan is an ideal starting point for members looking to finance personal or investment projects without existing loan commitments. Designed to encourage financial growth and responsible borrowing, this product offers simple and accessible terms with manageable repayment options. It provides a solid foundation for members to build their financial capacity while pursuing meaningful development goals.

Terms

  • Interest: 1% per month
  • Repayment: Up to 60 months

Requirements

  • No existing loans
  • Ability to repay
  • One active development loan at a time
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