Loan service for small organizations individuals was initiated after a number of considerations on the banking system. Major Banks are mainly guided by financial profit for their shareholders. They are after minimization of financial risks. Such strategies don’t leave much room to people on low income or even small organizations that strive for their survival.
This research studied the computer-based loan scheme management system-as was done in Harvard Trust Bank Enugu. Loans are readily given to people who have an account (mostly current Account) in the Harvard Trust Bank. Apart from being a customer to the necessary for giving him loan. Such conditions may include: provision of collateral security, having at lest one guarantor and filling the bank loan management form. The collateral security must be a landed property before the bank will accept it. Also, the guarantor must have an account in that bank and must be a reportable person in the society.
ABSTRACT
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This subject of labour unrest has been a characteristic feature in Nigeria. “The question often asked is...
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A number of factors determine commercial property values in Ikeja, Nigeria, road network has b...
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Urinary tract infections is one of the common infectious diseases diagnosed both in community and hospital settings. Due to risi...
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The advancement in Science and Technology and the quest for children led to the development and invention of a...
Background of the study
Throughout history, people have exchanged products and services via a number of...
Abstract
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