Jipambe Merchandise Loan

Offered in partnership with other merchants.
• Maximum amount: As per quote but within 3.5 times of members’ deposit.
• Maximum period: 12 months.
• Interest charged: 1 % per month on reducing balance.
• Loans security accepted – guarantors.
• Loan proceeds payable directly to the merchants.

External Lumpsum Deposits Waiting Periods

A member who wishes to top up a lump sum amount to their member deposits  account with the intention of borrowing a loan will be subject to the following waiting periods:

500,000 and belowZero waiting period
500,001 to 2 Million30 days
Above 2 Million60 days

Have a question about our loans?

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