Savings groups, cooperatives, and vendor or trade associations.
Apply together. Grow together.
Group Finance lets a registered savings group or association apply and manage repayment as a unit.
What this can be used for
- Bulk stock purchases for a market vendor association
- Shared equipment for a cooperative
- Group working capital for members’ individual trades
How it works
- 1The group registers and nominates a representative
- 2The group submits one application for the intended use of funds
- 3ProActive assesses the group and its governance
- 4Receive a written offer for the group
- 5Accept, sign, and funds are released according to the agreed structure
Who is this for?
- Registered or recognised group, cooperative, or association
- A nominated group representative and clear internal governance
- Group members willing to be bound by the group agreement
What you'll need to apply
- Group registration or constitution documents
- Identification for the nominated representative(s)
- List of participating members
Benefits
- One application process for the whole group
- A shared dashboard concept for tracking group disbursement and repayment (Phase 2)
- Group structure can support access for members who may not qualify individually
Group finance depends on group members honouring the internal arrangement — agree responsibilities clearly before applying.
Frequently asked questions
Liability structure depends on the specific group agreement, which is confirmed with the group before signature. This is not a fixed, one-size-fits-all term.
Estimate the cost of Group Finance
Adjust the amount and tenure below for a rough, disclaimed estimate.
Enter an amount and tenure, then calculate an estimate.
Ready to apply for Group Finance?
Apply online or start a conversation on WhatsApp.