Note: that during the cause of the N500= weekly return, the beneficiary shall also be expected to make a compulsory weekly personal saving of N100= which will be return to him/her, along with the N2, 500= capital base earlier deposited with the Association.
The beneficiary is supposed to use the loan sum to boost his/her business. If the borrower successfully repays the money borrowed, he/she shall automatically qualify to benefit for higher loan sum. The interest for the loan bond of N20, 000= to be repaid in 40 weeks shall be N2, 000= only.
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