The payroll product targets employees working with both private and public companies. Though these individuals are employed and receive a salary, they find it difficult to access short term credit when they have taken out a large loan from a commercial Bank. This product is mainly to support their short term needs like school fees, acquisition of simple assets like Televisions, Cookers, and Chairs. It’s strictly a bridge finance Loan.
Requirements:
- Client Identification.
- Employee Contract /Appointment letter.
- Confirmation letter.
- Personal Guarantees.
- Collaterals.
- PD cheques.
- Banks Statement and Payslip.
