This product targets men and women above 18yrs who are in small micro enterprises and are within groups designed for Business Expansion.
Great features
Great Features of This Product
Loans range from 5,000 – 5,000,000
Flexible repayment period 36 months
Easy Steps to get the product
The members to enrol/ form a group
Register the group with relevant government department
Visit the nearest branch for support
For charges applicable to this product/service, refer to the tariff guide available on this link.
Security
Savings
Co-guarantee
Chatells
Above 3milllion - conventional security
What you require to sign up
Be a Member of a registered group under relevant government department, whose prime objective is to promote enterprises and access to financial services.
Each member of the group to be an active Equity Bank customer
Why you should sign up for this product
Supports business expansion
Flexible security requirement
Flexible Loan repayment period
Access to financial literacy and entrepreneurship training
If we cannot resolve the complaint immediately, we will advise on the next cause of action and when to expect feedback from us.
We will endeavor to resolve the complaint within 7 working days. However, should we require more time to it, we will keep you updated with progress every 7 days until the complaint is resolved.
Should the resolution not meet your satisfaction, feel free to get back to us with your concerns and we will review the issue and resolution and revert back to you.
Rights and Obligations
T & Cs of loan facility are detailed on the offer letter.
Customer data privacy policy is included in the offer letter.
The rights and obligations of the borrower are detailed in the offer letter.
Loan Calculator
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