One of the fastest-growing financial institutions in Ghana, Union Savings and Loans Company Limited, has introduced a new consumer finance product dubbed, “U pick, We pay”.
The product is meant to assist salaried workers in the country to purchase household appliances, personal gadgets and health equipment in a convenient and stress-free manner and at 0% interest rate over a period of 12 months.
The introduction of “U pick, We pay” is informed by the company’s desire to provide support to individuals and families.
“Though our emphasis is on long-term savings to acquire these assets, we believe that supporting individuals and families to meet these pressing needs in the short-term will encourage them to cultivate the habit of long-term savings,” said Mr. Philip Oti Mensah, Managing Director of Union Savings and Loans.
“The uniqueness of “U pick, We Pay” lies in our quest to focus on financing health and gym equipment and first-time employees who are still on probation to purchase items which they may not have the ready means to procure.”
Union will also give limitless choice of brand and quality items to clients at competitive prices, as it has partnership with a number of carefully selected vendors.