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This product enables contactors or suppliers to service their orders without having to struggle for funds to service the orders. We provide short processing period of upto 48 hours, 100% financing and Competitive interest rate on flat rate.
A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.
A facility that will enable clients acquire tangible assets like vehicles, machinery and other assets for business or personal use.
We provide short and medium term loan to finance your business, with flexible repayment periods, fast processing and attractive interest rates.
For individuals:
• Original ID card, passport photo, PIN certificate and minimum opening balance.
For Groups:
• The group must not be less than 10 members, MUST be registered with the Ministry of social services and have a constitution, minutes on resolution to open the account
For Churches/Institutions/Businesses/Corporates:
• Certificate of Registration/Incorporation, resolution to open the account, Original ID cards, passport photos, PIN certificates of signatories, minimum opening balance and the Constitution (Churches)
Once a client opens an account with us, he/she will be required to operate the account for at least three months. The client then can borrow. If in a group, they will undergo training for a period of 8 weeks and will be allowed to borrow.
We accept both chattels and other conventional securities.
Please call our Customer Care for assistance on email at info@bloomloansltd.com or call +1 917-970-1255
By visiting our website or the nearest Branch for account opening
Any individual (young or old), organized and registered Self Help Groups, churches, institutions and corporates.
You can obtain any amount with a flexible repayment period.
Yes, one month for individuals, one month for groups meeting monthly and two weeks for the groups meeting weekly
For individuals
• Conventional securities
• Demonstrate the ability to repay the loan
For groups
• You must be a member of a registered self-help group and trained by Bloom Loans
• You must demonstrate an ability to repay the loan
For Churches/Institutions/Businesses/Corporates:
• 6 months bank statement
• Conventional securities
• You must demonstrate an ability to repay the loan
No. But we are in the process of developing one which will be released to the public soon
No. There are no hidden charges except from the insurance in case a member dies (loan disbursement fee). Everything is done openly and questions raised are addressed before the loan is disbursed.
We offer financial solutions to all your needs, for more visit our loan page