The Emergency loan is provided to the clients in emergency circumstances such fire, accident, hospitalization and death/funeral and other crisis situation. The amount is small and is given in time of dire need.
Register as a member of RENEW Microfinance:
- Step One: Briefing from Loan Officer or Branch Officer
- Step Two: Open a Savings Account
Documents Required for Registration
- Passport Size Photo of the applicant (2 copies)
- ID Photocopy of the applicant
- Health Card Photocopy (for minors)
- ID Card Photocopy of Nominee
Documents Required for Loan Registration
- ID Card Photocopy of the applicant
- ID Card Photocopy of the Guarantor
- 2 Legal Stamps
- Budgeting Book must be fully filled up
Conditions for Loan Registration
- Register at least a month before to avail a loan
- Fill up a loan form (will be done by the loan officer)
- Guarantor must be an income earner
Interest Rate: 24%