UEW CO-OPERATIVE CREDIT UNION

Savings

Savings

Savings: This is the basic product of the Union. Members are encouraged to make regular savings for future use, for productive purposes and to access loans. Savings is the regular contribution by the member made on daily, weekly or monthly basis. 
 
Terms and Conditions For Loan Repayment
Loan Type Interest Rate Maximum Duration Loan Amount
Regular Loan 18% per annum 1-36 months 3 * Savings
Special Loan 20% per annum 1-36 months 5 * Savings
Commercial Loan 22% for 10 months 10 Months 3 * Savings
Hotline Loan 5% for 3 months 3 Months 3 * Savings
Micro Loan 3.5% for 6 months 1-6 Months 5 * Savings
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