• No waiting period for new members.
• No invoices required.
• 50% of the Welcome Loan amount is allocated to your member shares, fostering financial stability and opening doors to future borrowing possibilities.
• Applicants must possess a credit history free from any instances of bad debt or delinquency.
• Applicants must have a minimum of $100.00 saved in shares and contribute a minimum of $100.00 to shares via salary deduction or standing order, on a monthly basis.
• A job letter and recent pay slip not less than one-month-old or evidence of pension and or other source of income.
• Self-employed members must provide evidence of income in the form of financial accounting records and bank statements.
• Repayment of the loan must be made via salary deduction or standing order.
• Two forms of photo ID.
• Recent utility bill (no more than 3 months old).

Upload and submit your documents and signed loan application below.

[contact-form-7 id=”3031e62″ title=”Loan Application Submission – BWL”]