The features and benefits of BETA SILVER – GROUP LOAN are as follows;

Benefits

1. Weekly Group contribution Account


2. Opening Balance of N2,500 to N7,500/ member


3. Minimum Account Balance of N500/ member


4. Weekly Savings of N2,500 to N7,500/ member


5. Monthly Service Charge of N200/ member


6. Opening balance will be maintained as weekly deposit


7. 5 to 10 members makes a group


8. Joint liability in case of default by any member


9. Loan processing period is 3 weeks

1. Group Loan Opportunity of N20,000 - N150,000 / member


2. Loan Repayment - 3 months spread (90 days)