This loan is to assist our members during the Christmas season in meeting their miscellaneous expenses. Our Christmas Loan  becomes available from the first week in November.

• Maximum amount to be loaned to any one applicant is $25,000.00. No more than one application per member will be processed during this loan period.
• Repayment of this loan is up to a maximum of 12 months, where the first payment begins 31st January of the following year the loan was taken.
• Restrictions – members who obtained a Christmas Loan in the preceding year   and lapsed in payment will not be eligible.

Members would not be allowed to liquidate (from shares) this loan less than 6 months from the date of first payment.

• Repayment period: 12 months
• Interest Rate: 7.5% per annum