The product has the following features:
- Product available for home improvements and open market purchase
- Product tenor of 5 years
- 17% interest rate
- Maximum loan amount USD50,000.00 determined by one’s income where repayment not to exceed 40% of net income
- Security- First mortgage bond IFO FBC Building Society
- Traceable proof of income
- Available to clients in Zimbabwe earning in foreign currency (Mines, NGOs) and Zimbabweans living abroad (Diaspora)
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