- Friday, 03 April 2015
Our personal loan products include:
REMP1: This product is designed for people who are employed and receive regular income in form of salaries or wages. The expectation is that their employers will deduct our loan repayments at source from their salaries and make payments to us. These loan are not collaterised by the staff, however our repayments are carried out by the employer on behalf of the borrowing staff.
REMP2: This product is designed for staff of blue chip companies. Each staff of the blue chip company approaches us for facility themselves. Their employer is not directly involved in the transaction. Repayments are made directly by the individuals and not the organization. They are secured with customer’s salary account cheques.
This facility also covers for school development projects as well as asset financing on behalf of the school.