Group lending key features and benefits.

• The Sacco reaches out to customers in their places of work/businesses.
• They can access loans typically for working capital, investment, asset finance and trade finance.
• Credit appraisal of the group is done to determine the purpose and ability to repay.
• Loan security – Group guarantees, savings, collateral e.g., title, MV logbook etc.
• They can also access repeat and larger loans based on repayment performance.