How do I qualify for a business loan?

Eligibility is based on your contribution consistency. Monitor your 'Loan Eligibility Progress' bar on your dashboard; once you hit your savings milestone, you can request funding.

What are the repayment terms?

Repayments are structured weekly to ensure business cash flow remains stable. You can settle payments directly via the 'Repay Loan' button on your dashboard.

Is there a penalty for late payments?

Yes. To protect the collective fund of all members, a daily penalty of 0.15% is applied to overdue balances until they are settled.

How secure are my contributions?

As a registered Multi-Purpose Cooperative Society, all funds are managed under strict regulatory guidelines and visible through your real-time transaction history.

Friends Loan

LOANS

Financial Support Made Easy

Need money to handle urgent needs or grow your plans? Our loan service is here to support you quickly and stress-free.

What You Get

Fast access to funds when you need it

Easy and flexible repayment options

Fair and transparent charges

Reliable support you can trust

Who Can Apply

Our loans are available to active members who are saving or contributing regularly.

How It Works

Apply for a loan, get it approved, receive your money, and repay gradually based on your plan.

Loan Types

Personal support loans

Business support loans

Member-based cooperative loans

Repayment Made Simple

Pay back your loan in small, convenient amounts over time. No pressure, just a plan that works for you.

Ready to Apply?

Take the next step and request your loan today.

Apply Now

Need Help?

Reach out to us anytime, we are here to guide you.

Friends Loan

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