Loan Products
Loans of various types and terms are provided to meet the varied and emerging needs of clients. Our loan products are suitable for farming, trading, consumption and acquisition of income generating assets.
Savings Products
FEDETH FINANCE WORLD VENTURE
offers various types of savings products which support clients to build assets and equilibrate uneven cash-flows. There are regular savings and term-deposit products.
Micro-insurance Services
Micro-insurance services are offered in collaboration with a major insurance company. Policies include life, fire in the market place and hospitalization. There are plans to include a comprehensive health insurance services.
FEDETH FINANCE Little-by-Little
A savings product for all category of businesses: micro entrepreneur, salary earners,
apprentices, children and students .
· Opening balance as low as N500.
· ATM card to all account holders.
· Flexible operating conditions.
· Interest presently 4 % per annum.
A fix deposit account for all desiring customers.
· Opening balance N50, 000.
· Provides avenue for investment of idle Funds.
· Good interest rate negotiable based on amounts
· Assurance of safety of deposits.
· Deposits can be used as security for loans.
FEDETH FINANCE The Young Shall Grow"
The product enables masters or trainers to save on behalf of their apprentices during the duration of training.
· Convenient discharge of obligation to trainer by the master , saves the stress of having to provide for this expense at once.
· Freedom to determine amounts frequency and duration of saving .
· Good interest rate currently 4% per annum.
· Can be used as collateral to secure loans.