This is a form of debt that is paid off over an extended time frame that exceeds one year in duration. Obtaining a long term loan provides you with working capital that it can use to purchase assets, build a home or start a business which can then be used to create additional income for the borrower.

Our Long term credit facilities include:

Ufanisi Loan
  • Repayment period is 60 months
  • The loan must be fully guaranteed by non-withdrawable deposits
  • Interest rate is 14.4 % per annum
Development Loan
  • Repayment period is 48 months
  • Interest rate is 12% per annum on a reducing balance
  • The loan must be fully guaranteed by non-withdrawable deposits
Nafuu Loan
  • Repayment period is 48 months
  • Interest rate is 12.6% per annum

The loan must be fully guaranteed by non-withdrawable deposits.