QUALIFICATION FOR A LOAN

Motswedi SACCOS lends to members in the ratio 1:4 (Savings : Loan Amount). A member will qualify for an additional loan ordinary when he / she has serviced or repaid his / her existing loan for / by 6 monthly installments. A member who deposits a lump sum ( more than 25 % of his / her savings will have to wait for a period of three (3) months before taking a loan against that amount. the member will qualify for an Emergency loan, provided the existing ordinay loan is being serviced without arrears.

ORDINARY LOAN

The lending Interest on ordinary; 15 % per annum.
Lending Criteria >

Character
Loyality
Capacity
Savings available and Salary
Loan per member
Three per any given time
Lending ratio
1 : 4
Example
P 10 000.00 ........... P 40 000.00

Operating Hours

Busines Hrs 0730 hrs - 1630 hrs
Monday - Friday
Member Hrs Monday - Friday: 0830 - 1630

Services Overview

Contact Us

Address: Zambezi Towers, 5th Floor CBD
Telephone: +267 3908 227
FAX: +4267 3191 534
E-mail: info@motswedisaccos.co.bw