Personal Loan

Description:

This loan is fully guaranteed by the member's personal savings.

Features:

• Loan amount: Equal to the member's personal savings
• Full VISSSLI membership: Minimum of 6 months
• Maximum loan period: 12 months
• Interest rate: 10% per month on reducing balance
• Security: Personal savings
• Proof of ability to repay: Latest payslip/ Group Guardianship
• Approved within 3 working days, 2 group sessions