Business Loan
- This loan is given to legitimate business traders
- This loan is not for starting a business but for helping the entrepreneur the bulk of the product or equipment
- The amount of preparation costs are paid in advance before the low interest is paid along with the monthly refund
- Restoration takes place within a period of three to twenty-four months depending on the business cycle
- This loan is given to individuals or groups of entrepreneurs
- Loan applications should be accompanied by a license, commercial analysis as well as the latest financial statements
- The borrower must have a well-run account for at least 6 months in TACOBA
- The borrower should have a guarantee to be approved by the Bank
Loan applications should be accompanied with
- Letter of employment
- Letter of confirmation at work
- Statement of salary slip of the last three months
- A bank statement of at least 6 months from the bank whose salary is reviewed