This product is given to cater for unforeseen happenings beyond a member’s control.
i. The loans are repaid within a period of six (6) months.
ii. Interest shall be charged at a rate of three percent (3%) per month on reducing balance.
iii. No member shall have more than one Emergency loans at any one time
iv. The loan MUST be fully secured by one (1) guarantor.
v. Loan application must be supported by the member’s latest two (2) pay slips.