Emergency loans enable our members to pay for emergencies such as hospital bills or fire .There is an option to top up your emergency loan through the Top Up Emergency Loan.
- Maximum repayment period is eighteen (18) months.
- Need not attach copies of documentary evidence
- Interest rate is 1% per month on reducing balance
- One must be having an existing emergency loan to qualify for a top up emergency loan.
- Granted four times the member deposits
- Processed within eight (8) working hours
- Applications must be received by COB every Friday to facilitate processing for payments.