The major condition for obtaining loan in thrift, credit and loans cooperative societies is

COMMERCE
JAMB 2000

The major condition for obtaining loan in thrift, credit and loans cooperative societies is

  • A. provision of collateral security
  • B. a high level of education
  • C. possesssion of a large business
  • D. an approved project plan

Correct Answer: A. provision of collateral security



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