Vendor’s Loan

Vendor’s Loan is a short-term and unsecured loan which is scheduled to be repaid within a short period of time from 30 days to 90 days on a daily basis. This loan product does not require collateral and the cooperative relies solely on the borrower’s credit history and credit score.

Vendor’s Loan is intended to finance working capital requirements of members engaged in small scale entrepreneurship and other related ventures with income on a daily basis. These loans are immediately delivered, enabling the borrower to operate with increased liquidity. Moreover, because of their brief repayment schedules, the borrower is not indebted to the cooperative for a significant period of time.