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Utume & Umoja

Features

This is a group loan facility that is offered to formal church congregational groups with repayment periods of less than 6 months. The loan repayment is dictated by congregation of the borrowers based on individual congregation member nature of business and hence cashflows. Interest rates are friendly as are calculated on reducing balance mode

Benefits

  • To facilitate congregation in meeting church development programs or projects to directly benefit church.
  • To facilitate individual congregation members whoa are in need of financial support to meet their business or social developments.

Eligibility

  • The group/congregation member should be active in all group activities or religious/congregation activities.
  • The group/congregation should be formally registered or recognized by religious leader
  • For religious groups/congregation; approval of respective religious leader is paramount
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