This Loan is accessible by individuals who work in vetted private organizations. Private sector organizations include limited companies, institutions, non-governmental organizations, religious institutions, and statutory corporations.

FinanceRite signs a Memorandum of Understanding (MOU) with the customer’s employer. Under the MOU the customer’s employer undertakes to deduct the customer’s monthly loan repayments from the salary at source and remit the funds to FinanceRite.

Interest Rate: 6%

Loan Duration: 3 to 12 months