Group Loans

Group Loans

The FMC Group Loan target market is wholesalers and retailers(vendors) of agricultural produce. Loans are collateral free but rely on group solidarity guarantee as alternative security.

REQUIREMENTS

  • Group of between 3-5 members
  • Compulsory group training comprising of 4 sessions to be completed within 30days
  • Proof of residence of group members
  • Proof of business legality
  • Minimum trading period of six months
Looking for a personal or a Small and Medium Enterprise loan?