Six Documents required to contract loan from Credit union Cameroon
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| Loan in in Credit union Cameroon |
Credit unions in Cameroon today have made it easier for business members to Finance their Projects with low interest rate loans as long as Members meet some requirements and present their valid documents. Good example is Ashong Cooperative Credit union Cameroon
Today I share with you documents you need to present to a credit union before getting a loan. Even if you are a member or a group, you are always required to submit the documents below.
Documents required to obtain loan from Credit union
I will list them below
Photocopy of ID cards
Business plan including Financial statement
Three Months sales records
Collateral ( land titles)
Loan Policy
As soon as all the documents required are handy, move to your Credit union and request a Loan.
After review of your documents, loan shall be granted.
Conclusion
The above documents required to get a loan might differ in some Credit unions and it also depends on the type of loan you are looking for.
Thanks for reading, if you have any questions, Comment I will do my best to answer you, please also share this article.
Also read: Njangi Finance and how it works in Cameroon