Sinapi Aba Savings and Loans Types
Group Loan (Trust Bank and Cluster Group Loans)
Group Loan is a convenient, simple and reliable loan product that gives the low income entrepreneurs access to working capital funds and financial support in groups of 4-10 membership. No collateral is required. Group members enjoy door step delivery services and group support. Clients are transformed through business advisory services, training, etc.
Micro Enterprise Loan (Individual Loan)
This loan product is a straight forward, flexible and dependable working capital loan for individuals, small and micro entrepreneurs who are capable of obtaining the loan independently. This product is to aid small and micro entrepreneurs grow their businesses steadily and progressively.
Sinapi Festive Loan
Clients of Sinapi Aba can receive additional and special loans during festive seasons with its Festive Loan product. It helps clients who might still be servicing existing loan to receive additional funding to purchase additional goods to sell during the festive and peak times.
Small and Medium Enterprise (SME) Loan
SME is a product for small entrepreneurs who are steadily growing their businesses and need substantial financial support to further expand their businesses. This product is simple, flexible, convenient and easy access to meet entrepreneurs’ needs.
Sinapi Business Asset Loan
Sinapi Business Asset Loan is a reliable and flexible loan product that gives small and micro entrepreneurs the opportunity to acquire business assets to promote the efficiency of their business operations. This enhances clients’ productivity.