UEW CO-OPERATIVE CREDIT UNION

Micro Loan

Micro Loan

Micro Loan: This is a type of loan granted to a group of petty traders involved in the same trade. The loans are given for a maximum period of six months. Group members must join the Union for one-three months before a loan can be advanced to them.
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
Loan Calculator
Loan Calculator
Select type of loan

Loan Amount: GH¢

Interest Rate: %

Months to Pay: