Through this very popular facility,our working class customers have the opportunity to take various amount of credits to pay their children’s school fees, finance their projects, and acquire valuable household items or any other useful venture.
This goes without strain at all. The worker concerned will only need the official consent of his/her employer; and after all loan document have been duly completed and assembled, it takes just days for loan to go through.
This products, otherwise known as overdraft, is also for worker-customers. Workers find this facility very helpful since, it saves them from unforeseen financial hardships before their salaries are ready.
The product has been specifically designed for women hence, its other name Nsoatreman Women Empowerment Scheme(NWES). Its educational component has so far been very useful to the women groupings who receive, in addition to the credit education on nutrition, personal hygiene, and basic book-keeping from specially-trained officials of the Bank. The clients are also trained and encouraged the savings habit thus, building capital for themselves for future use.
This product is really to its name ‘Abusuapanin Animonyam because its delivery is fast enough such that it relieves the anxiety of the head of the affected bereaved family. The account holder and a family representative will provide their validation to the loan request. The facility is to be repaid at most two weeks after the funeral. The Bank is very particular about this product because we recognize the social importance of funerals in the Ghanaian community.
The current account may equally be opened with a minimum amount of (Ghc 10.00). Frequency of withdrawals from this account is not limited.
Moreover, this account is best suited to salaried workers as well as people engaged in commercial activity since, it allows the taking of overdraft, upon proper negotiations with management of the Bank.