A member is eligible for a loan once they have met the requirement. Members may borrow up to 10 times their Shares depending on the loan types. Interest rates on loans are very competitive and vary according to the share ratio. All interest rates are calculated monthly on the reducing balance. Once you are borrowing more than you have saved, collateral (security) may be required for the loan.  



This is a special plan designed to assist members with funds for Christmas shopping and other expenses incurred during this holiday. The Club begins to save in December each year for twelve months. A constant sum of money is lodged each month. Early in December the additional deposit is made available and members can withdraw all funds or use as collateral for loans, placed on Fixed Deposit etc.


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