Loans
Secure the funds you need with a flexible personal loan. Borrow up to MK4 million with competitive interest rates and repayment terms that suit your budget
Normal Loan (Individuals & Groups)
- Double the shares held plus deposits (60% shares and 40% deposits respectively)
- Repayment period is 4 to less than 12 months, 12 months to 18 months and 12 months to 24 months. Interest rates is 4% per month
Luso loans (Creative Works)
- Covering production up to marketing
- Repayment period is 12 months
- Interest rate is 4% per month
Zida loans (Asset financing)
- For purchase of equipments
- Repayment period 12 Months
- Interest rates is 4% per month
Emergency (Katukatu) Loan
- Only for those on payroll
- Monthly deductions not more than 50% of net income
- Repayment period is 4 to 6 months
- Interest rate is 3 % per month
Fast Loans
- Only for those on payroll
- Monthly loan deductions not more than 50% of net income
- Repayment period 30 days
- Interest rate at 10% for 30 days
- No loan processing fee charge