LOANS
Grants MFB loans involve amounts that are substantial in nature with varied repayments.
Applicants are advised to choose products under these categories if the following criteria are met
Scenario/Condition | Acceptable response |
Amount needed | Material |
Income source | Fixed |
Income fluctuation | None |
Ability to absorb deductions for a long period | Positive |
Possibility of transfer or retirement | Very unlikely |
Average net salary left after loan deduction | 70% |