Frequently Asked Questions
What are the requirement to borrow from your company?
The following are the requirements to borrow from us.
- A valid Passport or Social security Card
- A recent Utility Bill
- A Job letter – You should be working for at least 2 years with your current employer. A shorter tenures may be considered
- Recent 2 months' pay slips
- 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?