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Monitoring Details

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BENEFICIARY LOAN CARD

With a view to ensure the authenticity of the transaction and to monitor/verify the utilisation and repayment of loan, the system of Beneficiary Loan Card has been introduced. The Beneficiary Card will provide an identity to the beneficiary as well as viable information relevant to the loanee. Therefore, these measures has become a near infallible tool for monitoring by the Corporation/SCA. The card is to be issued to each beneficiary at the time of disbursement of loan.

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