Secured Loans
 Short-Term Loans
 Unsecured Loans
 LITE (Education Loan)


  • To provide a cheaper and large secured loan specifically for member and their children educational and development needs geared towards Tertiary Education assistance


  • Employed Members only
  • Employed for the last 12 months (1 year)
  • Child must be a member


  • Ability to repay must be satisfied
  • 10% Share savings
  • Documented proof of enrolment/acceptance for educational program (no word of mouth)
  • Amount payable to Educational Institution only
  • Maximum loan - $1,000,000 and must be repaid using salary deduction or standing order only
  • 12% interest rate on reducing balance, 1% Processing Fee
  • Each instalment borrowed must be repaid monthly for a maximum of 48 months
  • Top-up after every 12 months is possible but no extension to maximum loan period or any waivers
  • Security required – hypothecation, mortgages, motor vehicle title( Maximum 4yr old), shares, deposit, co-maker


If using a Motor Vehicle to Secure: