While our Personal Loan Program is designed to meet the most basic needs of our clients, the Business Loan Program offers aspiring entrepreneurs an opportunity to turn their entrepreneurial dreams into a reality. Our Economic Activity Loan Program is its sole component. We will be adding Micro-enterprise and Small Enterprise Loan Programs.
Economic Activity Loans
|Loan Amount||Interest Rate||Repayment Schedule||Loan Increase Rate||Loan Maturity|
|L2,500 – L5,000 ($125 – $250)||Flat Interest Rate 30%||Weekly, Bimonthly, or Monthly||Increase by L500 ($25)||6 or 12 months|
The use of loans to build assets and otherwise prepare for the future creation of a business. The goal is to stabilize consumption to the point where individuals can begin thinking and preparing for the long term.
If you would like to review our Economic Activity Loan Program’s Customer Information Packet, Application and Loan Agreement Forms, or learn more about our Default Policy, then Contact Us. We are more than happy to share!