Village Banking Loan

Village Bank Loan

There’s strength in a team

A short term or medium term credit facility that can be accessed through a group with a minimum of 15 and maximum of 30 active entrepreneurs owning individual businesses.

Why you should apply for this loan:

  • Facilitates business performance and growth.
  • Flexible repayment period tailored according to the borrowers capacity and or desire.
  • No need for a trading license.
  • No collateral or security requirements to obtain the loan.
  • Competitive Interest rate.
  • Can be accessed for a number of cycles as long as the client repays well.
  • Loan amounts to individuals in the group ranging from $100 US to $ 3.000 US.

Qualifications for this loan:

  • Individual borrowers with active businesses
  • Applicant must be 18 years and above
  • Group solidarity
  • At least 6 months of business existence and activity

Comes with outstanding benefits:

  • Groups of 15 – 30 members
  • Relatively large amounts of loans up to $3.000 US
  • No collateral or security requirements to access the loan
  • Faster loan processing time (within 7 days)

 

 

 

 

 

 

 
 
©2018 FINCA DR Congo