Benefits
Why members choose Credit Venture
Credit for different needs
Business, development and emergency credit is offered subject to eligibility and the applicable lending rules.
Separation of duties
Review, approval and disbursement responsibilities are assigned to different officer roles.
Recorded repayments
Repayments are receipted and recorded against the loan account so the balance can be confirmed.
Rules
Contributions and loan terms
- Products
- Business, development and emergency credit
- Eligibility
- Assessed against member records and applicable rules
- Approval
- Review and approval by authorised officers
- Records
- Repayment schedule and balances in the member portal
Eligibility
Who can register
- Registered Upatanisho member in good standing.
- Records and repayment history assessed under the applicable lending rules.
- Provides purpose, amount and repayment period at application.
- Meets any guarantor, security or document requirements that apply.
Process
How it works, step by step
- STEP 1
Apply
Submit the amount, purpose and repayment period from your member dashboard.
- STEP 2
Eligibility and records review
The application is reviewed against your records and the applicable lending rules.
- STEP 3
Guarantor, security and document checks
Any required guarantor, security or supporting document requirements are confirmed.
- STEP 4
Approval
The application is approved, deferred or declined through the approved approval process.
- STEP 5
Disbursement
Approved amounts are disbursed and the repayment schedule is recorded.
- STEP 6
Repayment
Repayments are receipted and recorded against the loan account.
FAQ
Common questions
Ready to start with Credit Venture?
Register online or talk to the office and we will guide you through the paperwork.