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(opens in a new tab)KOTELAM Credit Union
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Go to Website (opens in a new tab)About KOTELAM Credit Union
KOTELAM Credit Union is one of Haiti’s most established savings and credit cooperatives (credit unions). Founded in 1989, it was created to expand financial access for communities often underserved by traditional banks. Unlike commercial banks, KOTELAM operates as a member-owned cooperative financial institution, meaning it is structured to serve members through savings, loans, and community-focused finance rather than shareholder profit maximization.
Amount
EC$5,000 - EC$100,000
Tenor
6 - 36 months
Min. approval time
24 hrs
Countries
Created on
April 2026
Last updated
April 2026
Requirements
The basic requirements to apply for a loan on KOTELAM Credit Union include:
- • Valid Haitian national ID or passport
- • Membership registration as a cooperative member
- • Initial savings contribution or share deposit
- • Proof of residence
- • Proof of income for loan products
- • Guarantor or collateral for some loans
- • Phone number / contact details
- • Additional documents for business or housing credit products
How to Apply
To apply for a loan with KOTELAM Credit Union, 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.
