SOHO Credit – LTN Cameroon

SOHO Credit

SOHO Credit

Targets	Microentrepreneurs Very Small Business (TPE/SOHO) Small traders Craftsmen GIC and Associations
Terms of Funding	Justify at least 1 year of activity at the same location; Being Cameroonian or resident for at least 5 years in Cameroon; Have a viable and profitable business; Being located in the area of activity of one of our agencies; Be of good character.
Credit Modalities	Processing time of the file: 2 weeks Maxi; Amounts granted: up to 15,000,000 Fcfa; Refund: spread over 03 to 24 monthly payments; Interest rate: 1.5% TTC / month (Flat); Administration fees: 1.5% of the total amount granted; Death / disability insurance fee: 0.5% of the amount granted; Security deposit: 10% of the loaned capital (repayable at the end of the loan).

Information

Category: Credit

Date:

3 July 2020

Tags: Financing