TYM APPLIES THE EARLY REPAYMENT POLICY FOR MEMBERS

08/06/2019

From June 1st, 2019, TYM borrowers allow to make early repayment at any time during the valid period of credit contract and apply for new loans immediately afterward.

In recent years, TYM has issued a policy to allow members to make early repayment[1] for new loans at certain periods of the year (specified by TYM). This has helped members to get additional loans timely for their production and business. Over the past time, TYM has kept on studying members’ needs and reviewing its early payment policy. As a result, from June 1st, 2019, all members, who are borrowing microloans, can make early repayment and borrow new loans immediately.

This policy contributes to meet the needs of members with different businesses and supports women to access new capital more easily and efficiently.

For detailed information, members may contact directly TYM loan officers at their areas.

[1] Early repayment means that a borrower repays all her loan amount before the due date as specified in her credit contract with TYM.

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