Dividend Advance

1. This advance is available to all members from the month of November based on the previous year dividends.
2. They can access up to 50% of their dividends.
3. Commission charges of 2% on the amount advanced (One Off)

Other Loan features include

* Members maximum loan/Product at 20 M.
* Insurance charge at 1.5% (one off).
* Mode of payment is Check off ,standing order and Mileage deductions.
* Non -check off members. Members will be advance a maximum of two and a half (2.5) of their deposits.
* Recoverable within the Parliamentary term, in particular the loan must be below or equal to the shares by the end of the term

Download Loan Application Form here.