Terms and condition for Loan

Terms and condition for Loan

A Must Read For Borrowers

* Consent And Limited Pledge:-

Do not fill or complete any section of this loan form until you have read and accepted the Terms and Conditions so stated therein. This includes the requirements/expectations from a loan seeker. The filling and completion of every sections of this form by you, mean that you have accepted the terms and conditions for the credit facilities of All Co-operative Farmers Association, Edo State (ACFA).

*Choice

 You have the choice to choose whether you will still proceed with the loan, after reading through the following conditions make available herein. But, IF YOU DO NOT AGREE TO THE TERMS OF THIS AGREEMENT, PLEASE DO NOT Bother to continue filling this form.

*Why The Association Was Established

Note that the reason this Association was formed is to create an avenue where those in the grass root will be heard and noticed. It also has a rationale to inform, educate, and enlighten and to provide succor for small scale entrepreneurs who find it difficult to access soft loan to boost their various businesses. The association also has the intent to make the general public know the level of flexibility that operates in the group.

ACFA is aware that to meet up with these responsibilities of giving close linkages with those in the grass-root, and to expose them to the appropriate authorities great effort is required. The executives of the Association are also aware that since it has always been very difficult for their members to access financial support from the commercial banks in order to succeed in the production and development of their various produce for consumption/export and to support their trading is difficult, the focal strength that energizes the managers of ACFA is the will to help eradicate poverty among those in the grass-root, which includes the farmers. Hence the need and usefulness of ACFA in this regard.

            ACFA retains the copyright, title and ownership of the Association and all its members/affiliates.

ACFA alone have the right to claim ownership of this written material ("Documentation") Therefore, no one, group authority regardless of the form it takes has power to reproduce whether in paper or media while the original and other copies exist, in the case of documents or any kind of representation for this Association.

With the setting up of vital ACFA therefore, it will help the management to strive to assist all co-operative and individuals who wished to create jobs for themselves by means of what they know very well. The setting up of will also help All Co-operative Farmers Association is geared towards assisting these serious minded individual/groups in our various communities to build-up savings and ensure that all its members contribute annually to the coffers of this grand Association, so that they can alleviate poverty from both its members and the general public.

     Yours partners in Business,

All Co-operative Farmers Association.