This is advanced to members who wish to settle urgent matters that cannot wait.
It is disbursed within 24 hours of application if the applicant meets all the criteria.
Features of Chwa Loan
- Maximum amount should not exceed (3) times members total deposits.
- Maximum amount is 100,000/=
- Maximum repayment period is 4 months
- The loan must be fully guaranteed by guarantors
- The member must proof repayment capability.