Equity bank Merchandise loans; features, benefits and requirements

Equity bank merchandise loans
Equity bank merchandise loans

Equity bank offers several merchandise loans to its members. In this write up am going to take you through all the merchandise loans offered by Equity bank.

1. Maji Loan

Water is life. Equity Bank offers you a loan to access water. The provide financing towards purchase of tanks, water connections, boreholes, shallow wells, water pumps and much more.

Features

Also the bank provide financing towards construction of pit latrines and toilets, septic tanks, biogas digesters, connection to sewer lines and much more.

  1. Flexible repayment period of up to 36 months.
  2. Up to 100% financing.
  3. Fast loan processing.
  4. Flexible collateral requirements.

Benefits

  1. For maximum benefit to our customers, Equity Bank identifies qualified service providers and suppliers of water products in different regions where customers can obtain high quality products and services.
  2. Customers are however free to obtain such services and products from dealers of their choice.

Requirements

  1. Equity Bank customers, either individuals or those in groups qualify for this loan facility.
  2. The account must have been operational for at least 3 months.

Read also: Equity Bank personal loans; Equiloan, Salary Advance, Eazzy Loan Terms and Conditions

2. Jamii safi loan