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Loan Products

LOAN PORTFOLIO CRITERIA
+ Member must be a Shareholder
+ Must be saving continually for 12 weeks/3 months
+ First loan 100% of savings
+ Second loan 200% of saving including collateral
+ Third loan 300% of saving including collateral
+ Loan cannot be taken to pay off another loan


LOAN PORTFOLIO BENEFITS
+ 3% per Month interest on depreciating amount
+ Lower than any high street bank
+ Encouraged to save whilst paying for loan