Product
Enterprise Loans
Loans are advanced to Serene Microfinance registered members through their groups.
- Group members should come from one locality-ward, market, village etc
Group members should not come from the same family.- Age limit 18-65 years
- Must be willing to deposit the loan guarantee savings in a FANIKIWA account
- During their duration of loan.
- Members should own individual business, with operating experience in the
- Same location of not less than 6 months
- Should have a minimum of 5 members
- maximum of 25 members for the first loans.
- During their duration of loan.
- Members should own individual business, with operating experience in the
- Same location of not less than 6 months
- Should have a minimum of 5 members
- maximum of 25 members for the first loans.
