- Loan type
- Type 2
- Paid out
- Within 24 hours
- Repayment
- Up to 6 months
This is a Type 2 loan.
- Emergency loans are intended for any unforeseen circumstances.
- Interest rate is 1% per month on a reducing balance.
- Repayment period is up to a maximum of 6 months.
- A member qualifies for only one emergency loan at any given time.
- The loan is disbursed within 24 hours.
- This loan can be refinanced.