Investing in entrepreneurs
At Ariza Credit Union, we have a MIFI Solution initially founded to provide opportunities for public officers to have easy access to credit. Ariza is expanding its offering to the public, just like you Micro Business Owners!
- No Collateral required
- Loans processed within 3 days
- GET EC$500-5000 to finance your business needs
- All loans are to be repaid within 3 to 12 months
- Deposit 20% of the loan amount on your savings
- Save 10% of the loan amount over the lifetime of the loan
How to access a MIFI Loan
- Join Ariza Credit Union
- Operate a micro business or income generating activity for at least one year
- Provide the minimal savings
- Show ability to repay funds accessed
Benefits
- Grow your business
- Develop savings habit
- Access credit at a competitive rate
- Personalized repayment schedule
- Improve your livelihood
Who can apply
- Handy Men
- Beauty care workers
- Barber Shops
- Small Contractors
- Cottage industries
- Specialized services
- Small Internet Cafe
- Ice Cream Parlour
- Meat market
- Small restaurants
- Tour Guides
- Food Vendors
- Fruit and vegetables vendors
- Poultry Vendors ( Rural)
- Taxi
- Freight
- Landscaping
- Peddlers
- Small Retail Shops
- Artisans
- Small Carpenters