Pay Day Loans
This is a short term loan meant to cater for the immediate cash requirements during the course of the month, payable on the next pay day.
- Tenor:Within a month of borrowing –pay day
- Target pop:Clients in formal employment
- Maximum Amount:K5, 000
- Application fee:K100
- Security:
- GRZ Employees –Pay slip–PMEC
- Employees from Reputable Organizationsfor which we have an MOU -Pay slip
- Employees from institutions not included in (1) and (2) above–Collateral
