Microfinance Loans (The Bank’s Flagship Product).
- Source of Funding: – Adonten Community Bank Ltd.
- Targeted clients: – Women groups in sustainable trade and other income generating activities.
- Basic Requirements: Meeting the general eligibility criteria.
- Savings deposits: According to total savings as at the time of appraisal. Minimum of 20% of loan request.
- Equity requirement: Group Solidarity
- Interest Rate: 3% per month or any other rate approved from time to time.
- No COT charges
- Loan Duration: – Four (4) months to six (6) months.