Wpower Loan

An initiative that promotes women’s access to financial services.

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Wpower Loan

The W Power loan is an initiative that promotes women’s access to financial services to effectively operate their businesses.

Features & Benefits

1
  • 8% p.a interest rate
2
  • 2% flat management fee
3
  • 1% Facility Fee
4
  • 1.5% flat Credit Life Insurance Fee
5
  • Tenor of up to 36 months

Requirements

  • Completed and signed Loan Application form
  • Company profile
  • Audited Report (mandatory for tier 1 and tier 2)
  • Bank statements
  • Duly executed guarantor form supported by notarized statement of net worth
  • Duly executed offer letter
  • Customer’s (Tax Payer Identification Number) TPIN
  • Satisfactory credit checks
  • Execution of all necessary documents for the perfection of Legal Mortgage/All Asset Debenture
  • All fees and collections on the loans shall be paid up front.
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