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Co-operative/Association Scheme
At Covenant Microfinance Bank, we offer this credit facility to reach out to organized small trade groups and artisans such as, Welders, Tailors, Vulcanizers, Okada riders; to empower them.
- Financial empowerment for all members of the group
- Weekly repayment pattern
- Re-loaning
- Training and development
- Register with appropriate authority
- 10% of amount required to be in a compulsory savings account
- Maximum repayment period of 6 months
- Mandatory savings
Contact Customer Service for More details