You need to save consistently for six months to start borrowing

The amount of load to be guaranteed is the difference between your savings and the amount requested. The number of guarantors will therefore depend on the amount they have offered this. Note that guarantors deposit plus your own deposit must sum up to the amount of load applied for. No guarantor is required if your loan is within your deposit

Yes guaranteeing someone does not stop you from taking a loan. In fact you can co-guarantee each other. You can also guarantee more than one person provided you have enough free deposit to guarantee the next person

At any given time you have development loan. However you can top up or refinance

Yes you can have a development, emergency simultaneously provided you are able to service the loan.

When handing in your application you will be informed if application meets all the requirements. In case of any complication during approval, the credit committee will call and inform you about the status of your application. This should happen within two weeks of your applying for development loans. You will be called by the office once your cheque is readyD