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About Us

Thuto Savings and Credit Cooperative Society is a Cooperative Financial Institution that is owned and controlled by members. The organisation is regulated by the department of cooperatives under the ministry of Trade and Entrepreneurship.

Contact Info

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Quick Loan

QUICK LOANS

Every member is entitled to a quick loan amounting to a maximum of P10,000.00 (Ten Thousand Pula only).

  • Interest rate is 1% per month using amortization method.

  • The loan is payable within 12 months.

  • Top-up is done after 6 months of servicing the loan.

  • A member shall be charged 5% on the balance for early clearance for not giving 3 months notice.

  • Monthly administration fee of P10.00.

  • Qualification is based on ability to pay.

LOAN INSURANCE

Term of Loan Life and Permanent Disability Cover
Up to 1 year (12 months) 0.84%
NOTE: THE LOAN INSURANCE IS A ONCE OFF PAYMENT.
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