Statement of Declaration

ENCOT’s declaration on client protection and responsible financial practices.

Statement of Declaration

We at ENCOT bind ourselves to the international protocol on the protection of microfinance clients. In all our business undertakings, we shall ensure to undertake concrete steps to protect our clients from potentially harmful financial products, poor business practices and ensure that they are treated fairly.

Avoidance of Over-Indebtedness

Credit will be extended only if borrowers have demonstrated an adequate ability to repay and loans will not put borrowers at significant risk of over-indebtedness.

Transparent Pricing

The pricing, terms, and conditions of financial products will be transparent and disclosed in a form understandable to clients.

Appropriate Collections Practices

Collections practices should preserve client dignity while supporting responsible portfolio management.

Apply for Loan