futuro mcb

Solidarity Groups

Solidarity group loan is the core loan product of Futuro mcb SA. With the aim of improving financial inclusion services to the targeted rural and urban micro-entrepreneurs, predominantly women involved in small businesses. To secure loan from the bank, the clients form a joint and several liability group, uses the loan to generate income thus contribute to family's economic growth.

bank offer

· Support with the preparation of our client's business plan;
· Financial and credit education for business growth of each group member;

benefits

· Ease access to credit and flexibility in operation;
· Personalized service;

requirements

· Have an active business for more than 6 months,
· Being part of a group and receiving financial training from Futuro mcb SA,
· Minimum age 21 years.

amounts

· Minimum: 4,000 Mt
· Maximum: 30,000 Mt

guarantees

· Joint and several contractual guarantees
· Solidarity guarantee fund deposit

deadlines

· 4 to 12 months