Church Financing

This loan facility is specially designed to enable registered churches acquire musical instruments and also enjoy a flexible repayment plan.
 

This is a partnership with KFM limited (supplier of musical instruments) to enable churches acquire musical instruments with ease and with a flexible repayment period.

FEATURES

10% contribution by client

Repayment period (up to 10 months)

Interest rate of 2% per month

Facility fee of 1%
 

REQUIREMENT

Church must be registered

Church constitution

Letter of consent from church leadership

2 Guarantors must be provided

Provision of financial records (e.g. bank statement, cash book or income and expenditure, etc.)

Declaration of other commitments elsewhere