Frequently Asked Questions


What are the requirement to borrow from your company?

The following are the requirements to borrow from us.

  1. A valid Passport or Social security Card
  2. A recent Utility Bill
  3. A Job letter – You should be working for at least 2 years with your current employer. A shorter tenures may be considered
  4. Recent 2 months' pay slips
  5. Repayment via salary deduction is a plus.

 

What is the monthly interest rate for your loans?

Our monthly interest rate is 4%.

 

What is the turnaround time for your loans?

Once approved you can receive cash funds within forty eight (48) to seventy two (72) hours.

 

How can I apply for funding from MicRoe Company Limited?

The application process is easy. Give us a call to set an appointment, present all required documents and be on time for your appointment.

To set up an appointment, call us at 223 1128 or 674-1126.

 

What is the minimum amount I can borrow as a first time borrower?

$500.00 is the least we lend to our first time borrowers.

 

What is the most I can borrow?

The maximum amount is subject to credit availability and history.

 

What is the longest term for first time borrowers?

First time borrowers are eligible for 12 months.

 

Can I refinance my loan?

You are afforded the option to refinance when you are in good standing and have completed 75% of your payments.

 

Do you have a WhatsApp number?

Yes, we do. For any customer service inquiries feel free to contact us on our WhatsApp numbers 674 1126 for loans and 671 1128 for collections.

 

Can I make additional payments to my loan?

Yes, you can via bank deposit or online transfer. Contact us at 223-1128, WhatsApp 671-1128 / 674-1126 or email rhulse@microecompanybelize.com for the account details.