These are loans that can be repaid within the median period. An individual can also revolve it when a need arises. Medium term loans are loans with repayments between 25 to 48 months and range from E50,000 to E100,000. These loans are mostly repaid through source deduction for clients whose employer has an MOA with First Finance or CDAS for civil servants. Such loans include but are not limited to the following; home improvement, vehicle repairs, etc.
Requirements for Medium Term loans- Refer to short term loans