Community Bank Group loan

Community Bank Group loan


Axon

(Working capital through Community bank lending methodology):
This product is offered to active clients, particularly women with small businesses who don’t have collateral and they are in need of a working capital from 200,000 Rwf to run their business, we only request a peer guarantee for them to have access to the loans, also approval from the local authority that they are known in their communities.

  • The minimum capital is from 200,000 Rwf yet the Maximum is 500,000 Rwf in the first cycle. Interest rate is 2% monthly.
  • Clients in this category have access to other related products like School fee loan for their Children, Access to Electricity through Solar for their houses,
  • Maximum term is 12 months for this product