Financial Support When You Need It
Life’s unexpected expenses don’t wait. Through ZIBAWU’s partnership with Gershom Microfinance, members access affordable loans with discretionary rates and flexible terms.
Types of Loans Available
ZIBAWU members can access:
Personal Cash Loans
- For general personal needs (emergencies, education, home improvements)
- Competitive interest rates with member discounts
- Flexible repayment periods
- Quick approval process
Personal Cash Loans
- Fast-track processing for urgent financial needs
- Medical emergencies, funeral expenses, or crisis situations
- Minimal documentation required
- Same-day approval for qualifying cases
Partnership with Gershom Microfinance
ZIBAWU has partnered with Gershom Microfinance to provide members with:
- Preferential Interest Rates: Lower rates exclusively for union members
- Simplified Application Process: Streamlined approval through ZIBAWU
- Salary-Based Lending: Loan amounts based on your earning capacity
- Secure Deductions: Convenient repayment through payroll deduction
- Member Protection: Union advocacy if repayment issues arise
Discretionary Rates for Members
ZIBAWU members enjoy special benefits:
- Reduced Interest Rates: Lower than standard market rates
- Reduced Processing Fees: Minimal administrative costs
- No Hidden Charges: Transparent pricing with clear terms
- Flexible Terms: Customized repayment plans to fit your budget
Loan Amounts and Terms
Loan Parameters:
Loan Amounts:
From USD $100 to USD $5,000
Repayment Period:
3 to 24 months
Interest Rates:
Discretionary rates based on loan type and member standing
Repayment Method:
Automatic salary deduction or direct payment
Early Settlement:
No penalties for early repayment
How to Apply
Step 1:
Check Eligibility
Ensure you meet all requirements (see Eligibility section below).
Step 2:
Contact ZIBAWU
Login to your ZIBAWU membership portal.
Step 3:
Complete Application
Fill out the online form and submit required documents.
Step 4:
Employer Verification
ZIBAWU verifies employment and salary details with your employer.
Step 5:
Approval & Disbursement
Once approved, funds are disbursed directly to your bank account.
Eligibility
To qualify for a ZIBAWU member loan:
- Must be a registered ZIBAWU member in good standing
- Membership dues must be up to date
- Must be in permanent employment with a verifiable salary
- No existing loan defaults with ZIBAWU or partner institutions
- Meet minimum income requirements for requested loan amount
Required Documents
Please submit the following:
- Completed loan application form
- Valid national ID
Need financial assistance? We're here to help.
Login to the ZIBAWU membership portal to apply for a member loan.