this type of loan an individual is required to register as a member first, then after contributing half of the money required to purchase the desired automobile and provide two capable guarantors then the cooperative will raise the remaining balance to enable the member own the desired automobile and then proceed to payback through weekly contributions for a period of twelve months.

This type of loans are given to salary earners alone. The repayment process will require that the individual member first will permit the cooperative to deduct the agreed amount from source once salary are paid.

This loans are given to active members especially the NFM group to support them start or fund their existing businesses with swift response to enable the member carry out his/her
financial needs appropriately.