COMMUNITY LOAN
This is similar to the Group Loans but for starter groups in remote communities in the Northern Sector. It is a one-off facility in which all members are graduated to the group stage after the tenure of the first cycle
FEATURES
- The minimum number of people in a group must be ten (10) and a maximum of thirty (30).
- Interest rate: 4% monthly
- Lien: 25%
- Processing fees:3.5%
- Application form: GH¢ 5.00
- LPF: 2%