TOP-UP LOAN

  1. Four (4) times your Deposits less ANY existing Loan balances.
  2. Interest rate of 1% per month on reducing balance.
  3. The loan to be repaid within the remaining period of the original Development Loan.
  4. Members to qualify for a TOP-UP loan after six months of consistent repayment of the original Development loan and WITHOUT any arrears on any loans being serviced.
  5. The loan to be secured by NEW guarantors or Un-utilized value of collateral or NEW collateral