We have an established investment group of about 20 members. The group is also registered as as an investment company. Having made contributions and made some investments on land we would now like to expand further by financing our projects from Loans. Which bank or any other financial institution can extend the best loan facility to our a group and what are the terms and conditions.

@heri, Which bank and what are their terms? Do they accept Titles as collateral? do they require individual members as guarantors? What % of the members monthly deposits do they take for loan repayment?

Hey @Optimist, I thought the %age of monthly contributions on repayment amount is decided by the group. So that, depending on your power, and the loan period, you decide what amount you want to go towards repaying the loan. What majority would do is probably cut their monthly contribution to minimum allowed, then the rest goes to Loan repayment. For example. If you always contribute 50K per month, yet minimum for groups is 5K a month. When you take a loan you can use 45K to repay and still be able to contribute the 5K.

@optimist, try kusco or chase bank. They have some products tailored for groups.