This loan is for staff at all level of the Bamboo Finance Plc, who have full capacity and need the cash to enhance leaving standard in daily life.
Product Design
- Currency type : USD
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Loan size :
- Have no collateral :Up to 06 months of last month gross salary
- Have collateral: Up to 70% of market value of collateral price but not over repayment capacity of staff.
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Loan term :
- Have no collateral : Up to 18 months.
- Have collateral : Up to 60 months.
- Interest rate : 1.00% per month
- Repayment type : Monthly Interest and principal payment (Annuity).
- Collateral : Have Moto/Car registration card/house/land title for collateral.
Staff's criteria to get loan
- All staff who worked for the MFI at least 06 months included probation period.
- Staff who acknowledged by his/her manager
- Good behaviour and honest.
- Staff’s output is acceptable by his/her manager.
