Asset Improvement Loan

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The Asset improvement loan is availed to women who wish to access funding for Household / livelihood improvement such as home renovations and home furnishing either to improve living standards or improve the market value of house before a sale.

Benefits

  • Enables women to improve the value of their houses
  • Pay loan in small manageable installments
  • Pay loan in period up to 5 years

Requirements

  • Borrower must be a woman
  • Must have/open a Mama safe savings Account
  • Must be 18 years of age & above
  • Must have a steady, regular & clearly identifiable source of income as evidenced by bank statements
  • Registration to CRB is mandatory
  • Sufficient collateral cover for the loan
  • Proof of planned home improvements
  • Guarantor