An ordinary loan can be given for any purpose and is based on the individual’s character. Member’s shares are normally used as collateral.
Ordinary Loan Requirements
- Supporting document for the purpose of loan
- Two (2) forms of valid ID
- Utility Bill not older than 3 months
- Payslip – not older than 1 month & Job Letter- not older than 3 months. Job letter must be addressed to VENTURE Credit Union.