1. This is a hybrid product that combines the attributes of savings along with micro loans. It is a ‘product meant for traders and businessmen with regular cash flow for their daily sales’. FROSCA is an efficient and cheap financing source, which is very important for maintaining business profitability for small scale enterprises and provides learning opportunity for skills and techniques for efficient business management and imbibing culture of modern banking habits.

2. A customers saves a specified amount for 10 days and on the 11th day qualifies for Three times the amount of savings as loan. The loan tenor is 31 days from date of draw down Simple letter of guarantee from a third party for amounts of N50,000 and above. Daily contribution Interest charged upfront Fixed repayment period Simple letter of guarantee from a third party for amounts of N50,000 and above. Daily contribution Interest charged upfront Fixed repayment period

3. Customers receive finance earlier than if they had saved the money themselves. Easy & quick access to credit facility. Loans without security but based on client’s character and cash flow pattern.

4. This is a general savings account for purposes of encouraging savings habit and enable customers to save for a particular future expenditure or investment. Attractive interest rate Saving for the rainy day Can act as cash-backed collateral for loans SMS alert notification. This is a normal current account which is operated with the use of cheque book for withdrawals. It attracts charges and allows payment to third parties with use of cheques properly drawn on the account. FCT SAVINGS ACCOUNT BENEFITS CURRENTS ACCOUNT

5. Withdrawals on demand. Third party withdrawals allowed. Temporary overdraft facility. Salary advance for workers employed by organizations. SMS alert notification. Easy access to consumer loans. This is another type of account specially designed to encourage people to form groups/associations and engage in any type of legal business. 5 or more people can operate the account. It can act as cash backed collateral for group lending. SMS alert notification. Attractive interest rates. BENEFITS

6. COT free Attractive interest rate Minimum balance of N5,000. Allows third party withdrawals. Accept deposit of dividend warrants. SMS alert notification. Allows funds transfer services.