UEW CO-OPERATIVE CREDIT UNION

Agricultural Loan

Agricultural Loan

Agricultural Loan: This is a loan granted to a group of farmers planting the same crop. The loans are given for a maximum period of six months. Group members must join the Union for one - three months before a loan is granted.
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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