This loan is suitable for traders and business persons with regular cash flow from their daily sales.

Grow your business with Firstmidas Daily Savings Loan with flexible repayment plan. The loan is suitable for both Market Men and Market Women.

Product Features

• Customer makes a daily contribution, takes double of the amount contributed as Loan
• The amount contributed is retained on the customers account as collateral substitute
• The contribution must not be less than 15days
• Daily repayment which last for 30days
• Immediate access to another loan after complete repayment within the specified days.

Product Requirement

• A completed Account Opening form
• Applicant must have a viable business
• A compulsory membership card and continuous savings for at least 15days.
• A completed Daily Savings Loan Form and Guarantor’s Form