This is an employer arranged and guaranteed facility that provides personal loans for employed professionals, Self-employed individuals and Pensioners, and is tailored to meet the needs of customers who require short to medium term financing. The facility is availed via credit worthy and reputable organizations whose overall risk profile has been analysed and vetted to COFI’s satisfaction.
Areas of financing include;
- Health (Pay medical Bills)
- General Purpose
- The maximum Loan term is 12 Months (1year)
- Maximum loan value depends on applicant’s capacity to repay from salary.
Loan is deducted from source of income
contract as evidence for employment or self employment.
- Employee Identification (National ID)