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Provident Loan

Are you stuck at the foundation level of your house or perhaps do not own a plot yet. Worry no more because Nkwazicoop has you covered with a provident loan, this product allows you to borrow three times of your savings repayable in 24 months with the option of refinancing up to four times a year.

  • This applies to those that have saved for more than six (6) months in Nkwazi Coop.
  • The maximum loan payable under this package is three (3) times the total savings and less any other loans outstanding at the time of application.
  • The repayment period is 52 bi-weekly or 24 monthly.

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