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BEE (Education Loan)
Objective
Doing over a few subjects? Need to do a certificate course or two? Need to purchase a computer?
Criteria
Employed Members
only
Employed for the last 12 months (1 year)
Child must be a member
Conditions
Ability to repay must be satisfied
10% Share savings
Documented proof of enrollment/acceptance for educational program (no word of mouth)
70% payable to Educational Institution or Computer Sales Business.
Maximum loan – $300,000
24 months to repay
Salary Deduction or Standing Order required
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