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Catholic relief services [Savings and internal lending community (SILC)]
BackCatholic relief services [Savings and internal lending community (SILC)]
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Go to WebsiteAbout Catholic relief services [Savings and internal lending community (SILC)]
Catholic Relief Services (CRS) implements the Savings and Internal Lending Communities (SILC) program to empower low-income individuals through savings and micro-lending initiatives. This program fosters financial inclusion by enabling participants to save money, access credit, and invest in income-generating activities
Amount
CFA 10,000 - CFA 1,500,000
Tenor
3 - 24 months
Min. Approval Time
24 hrs
Countries
Requirements
The basic requirements to apply for a loan on Catholic relief services [Savings and internal lending community (SILC)] include:
- • Identify and join a local SILC group
- • Undergo basic financial management training
- • Begin pooling personal savings
- • Request a loan from the group
- • Receive group approval
- • Continue participation and graduation
How to Apply
To apply for a loan with Catholic relief services [Savings and internal lending community (SILC)], visit the lender's website and click on "Get Started." If you meet the eligibility criteria and agree with the terms, complete and submit the online application form.
This lender claims it can approve applications on the same day they are submitted and disburse funds within 24 to 72 hrs.
Contact
Support Number
+187 7435 7277
Website
X (Formerly Twitter) Url
@Catholic relief services [Savings and internal lending community (SILC)]
FAQs
What channels can I use for free?
A web app - This is created immediately after they onboard and their customers can apply for loans via the app for free. They also get to use the admin console for free to manage their lending operations, however certain features are tied to plans so they might need to upgrade to have a more streamlined lending operation.
Can I get a custom app for my own preferences?
You can customize your web app to your preferences - the color, texts, how things appear to fix your business colors and brand. Mobile apps customized to your brand are on our paid plans and not readily available to users on the free tier.
I already have my own app, how can I still plug into Lendsqr’s infrastructure?
Lendsqr has APIs that you can utilize in your own app. We have a product, Adjutor that houses all our APIs without needing you to use Lendsqr's white-label apps
How do I get a demo or walkthrough for Lendsqr?
You can send an email to growth@lendsqr.com
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