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Introduction

 

Duapa Trust offers a wide range of services to its target clients. Our products are tailored to suit most clients in the informal sector of the economy.


  
Our Target Clients

 

·        Informal Sector clients

 

·        Individuals/SMEs who are engaged in income-generating activities

 

Depository Products

·          Regular Susu/Savings – This account allows individuals/SMEs to save any amount on daily/weekly basis at the offices of Duapa Trust/through a Duapa Trust Representative.

 

·          Target Susu/Savings – Individuals/SMEs can save a specific amount on daily/weekly basis without withdrawing for at least three (3) months.

 

·          Golden Box Account – At Duapa, we believe every coin matters; this account collects client’s small savings into a “box” which is opened periodically at client’s request.

 

·          Fixed/Time Deposit – High yielding interest bearing account into which lump sum of money are deposited for at least six (6) months before withdrawal.

 

Loan Products

 

·          Seed Loans – These loans are granted to poor entrepreneurs who require very little capital to do a profitable business with immediate and future prospect. Clients will be taking through Duapa Financial Literacy Program before and after loan disbursement to ensure proper usage of loan.

 

 

·          Trade Loans – Loans granted to individuals/SMEs with regular cash flow and keep proper books of accounts on their business transactions. Clients must have permanent place of business and residence in the catchment area of Duapa Trust.

 

 

·          Susu Loans – Loans are repaid on daily basis and beneficiaries shall automatically join Duapa Compulsory Savings Scheme to help build a pool-of-funds. These compulsory savings funds shall be used as a criterion for increasing loan amount for repeat loans.

 

 

·          Business/Commercial Loans – Loans granted to individuals/SMEs that have at least six (6) months loan relationship with Duapa Trust and shall be eligible for bigger loan amounts with proper collateral to secure loan granted.

 

 

·          Taxi Loans – This product allows individuals to own a taxi cab after repaying loan successfully. Clients are required to pay 40% of total cost of vehicle and they shall be responsible for comprehensive insurance and other incidental charges.

 

 

·          Personal Loans – Loans granted to employees whose companies have relationship with Duapa Trust.