Co-operative/Association Scheme

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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.

  1. Financial empowerment for all members of the group
  2. Weekly repayment pattern
  3. Re-loaning
  4. Training and development
  1. Register with appropriate authority
  2. 10% of amount required to be in a compulsory savings account
  3. Maximum repayment period of 6 months
  4. Mandatory savings

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