SafeCooperatives is a product designed for close working groups or cooperatives. It provides easy and smooth access to micro-loans for individual members or the cooperative group/society as a body.

Loan Amount:

Up to =N=500,000.00 (for now) depending on individuals observed capacity.

Tenure:

Up to 6 months.

COT:

=N=2/mille (/thousand).

Eligibility:

1. Members must be in good moral/reputable standing before the cooperative's EXCOs.
2. Members must be bonafide members of the society.

Participation

All members of the cooperative shall make a compulsory contribution into the cooperative's account on monthly basis as shall be agreed to by the cooperative.