LOANS

Business Loan

The business loan shall be granted to members/customers who have businesses and wish to improve or expand their business.

• Issued to an account holder who have been active for at least three months.
• The product must be fully secured and the security fully charged to Ammar Sacco Society Ltd.
• The product must be guaranteed by two active account holders.
• The products must be in line with the two third rules.
• Rate of repayment is 18% on reducing balance.
• Repayable with a maximum of 36 months.