The Women’s Home 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
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Enables women to improve the value of their houses
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Pay loan in small manageable installments
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Pay loan in period up to 5 years
Requirements
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Borrower must be a woman
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Must have/open a Mama safe savings Account
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Must be 18 years of age & above
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Must have a steady, regular & clearly identifiable source of income as evidenced by bank statements
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Registration to CRB is mandatory
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Sufficient collateral cover for the loan
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Proof of planned home improvements
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Guarantor