pleased to inform all our valuable Loan-Clients, that your Interest(s) for the
month of April have been totally waived off and it will continue until June,
2020. The Loan repayment is deferred for 3 months. This is in line with His
Majesty’s Kidu to our borrowers to help them to go through this difficult time.
50% of the
Interest waiver was reimbursed by the Government.
free to contact your Loan-Officer in our branches if you have any questions or
if you want to check your loan-account.
In order to build their own assets and to improve their contribution habits, the members have to contribute monthly Nu.100
The members are not allowed to withdraw the entire amount from the compulsory savings unless the member resigns or the membership is terminated.
An interest rate of 5% p.a. is credited half-yearly on their monthly savings. In case of closing the account the interest will only be paid for the last interest calculation period.