JUNIOR SECONDARY SCHOOL PEYI,

ABUJA.
CONTRIBUTION
LOAN APPLICATION FORM
I ………………………………………………….. of …………

……………………………………….... wish to apply for loan.

Amount: ………………………………………………………….

Amount in words: ………………………………………………..

I promise to pay back the same amount (Sum) with the interest
due.
I also promise to pay amount borrowed with interest at the
stipulated time and will abide with all the rules and regulations
guiding the organization/transaction.
The following are referees;
Surety 1 ______________
Date/Sign

Surety 1 _____________
Date/Sign
 JUNIOR SECONDARY SCHOOL PEYI, ABUJA.
SCHOOL COOPERATIVE
RULES AND REGULATIONS BINDING MEMBERS OF THE COOPERATIVE
1. Membership is by registration
2. The minimum amount for starting is two thousand Naira (2000.00)
3. If you are part of the cooperative your contribution must be to date
4. Payment must be done one week after salary.
5. The last contribution must come up by the end of November.
6. Disbursement of ends by September.
7. Cooperative members interested in taking loan must obtain form and
membership passbook.
8. Interest of the payment of loan is 10% and the duration of the loan will be 3
months.
9. A guarantor to anyone taking loan must be a member of the cooperative.
10. If the borrower defaults in the payment of the loan, the gurantor will be held
responsible.

We look forward to your cooperation