Christmas-Salah Loans
Target Market
- Christians and Muslims during their different festivals, especially those within the NNPC
Features
- Short-term loan, with maximum tenor of 6months
- Interest of 2% per month and 1% management fee payable upfront
- Loan is disbursed in NNPC CMS account from where it is transferred to the different customers
- NNPC CMS collects the monthly repayments and remit to Daylight on a monthly basis