A loan facility providing continuous access to working capital.
Eligibility Criteria :
- Business owners and entrepreneurs.
Requirements :
- Must be a COPEDU Plc customer.
- Must be creditworthy.
- Must have business registration documents.
- Must provide collateral.
- Must have a viable business plan.
Loan Details :
- Loan amount: RWF 100,000 – RWF 507,000,000.
- Repayment period: Up to 5 years.
- Collateral: Immovable property or savings account.
- Monthly repayment schedule.
- Loan officers provide financial guidance and conduct pre- and post-loan monitoring.
Advantage :
- Strengthens business capital.
Disadvantage :
- Failure to adhere to the repayment schedule may reduce eligibility for future loans.
- Non-compliance with repayment may affect credit history, limiting access to financial services.
