Social Emergency Loans

Social Emergency Loans (SEL) is designed to provide additional supports to existing partners who have suffered from any form of calamities such as fire, storm, flood, drought, traffic accidents, serious illness, and death, maternity, or disability. It is no matter if the calamity has happened to partner or his/her family member.

Loan amount and Term:

This loan condition and requirement

• Partner Assessment tools:

• Active partner with regular repayments and face problem in families
• Disbursement for partner is to be made within 24 hours after receiving the loan request

Repayment Mode:

Monthly installment (interest upon declining balance + fixed monthly monitoring fee). Principal: client can choose to repay the principal every 1, 2, 3, 4, 5, 6, 7, 8, or 9 months with equal amount payable.

Interest:

Interest rate 1% which apply declining method.