Group Loans (VICOBA Style)

YEMCO > Group Loans (VICOBA Style)

Group Loans (VICOBA Style)

Empowering community-based groups with collective loans. Suitable for women groups, farming cooperatives, and small businesses.

Service Process

Our client seeks comprehensive Risk Management Solutions services to optimize their business's financial management and minimize tax liabilities effectively. They aim to enhance profitability, compliance with relevant tax regulations.

  • Group Formation

    Clients form a group of trusted individuals with shared financial goals.

  • Application & Group Assessment

    The group submits a joint application and undergoes financial and social evaluation.

  • Loan Disbursement

    Funds are distributed to group members under shared responsibility.

  • Group-Based Repayment

    Members repay collectively, ensuring accountability and mutual support.

Services Outcome

Here are six key points that can be associated with a digital Transformation Risk Management Solutions. leader helping Fortune 500 companies on their innovation agenda:

  • Strengthened community and group trust
  • Increased access to capital for underserved members
  • Improved group accountability and discipline