Please take note.
NUT FCT WING MULTIPURPOSE COOPERATIVE SOCIETY has two types of loan offer which we give out to our members.
Normal loan: This is when the amount you are applying for is within the range of double (X2) of your total savings in our Cooperative society and the interest charge is 3.5% per year. E.g You have a total of N100,000 in your savings account, So automatically you are entitled to collect from 10,000 to 200,000(max) as a normal loan.
SPECIAL LOAN: This is when the amount you are applying for is within the range of Triple (X3) of your total saving in our Cooperative society and the interest charge is 5% per year E.g You have a total of N100,000 in savings account, So automatically you are entitled to collect from 200,000 to 300,000(max) as a special loan.
Note: Before you will be consider to apply for special loan you must have at least join the cooperative for a minimum of 6 months or 12 months as the case may be, otherwise you will be disqualified.