Solidarity Group product

Solidarity Group product


Axon

(Working capital through solidarity lending methodology):
This product targets mainly active clients particularly women and youth. These are clients who are graduated from the community bank to join the Solidarity group after finishing a certain number of cycles for them to access a high loan amount.

  • The minimum capital is from 500,000 up to 1,500,000 Rwf in the first cycle. The 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