6. The functions of Credit Councils shall be-
(a) to grant loans to members; |
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(b) to ensure that loans granted are limited to actual bona fide requirements of the members; |
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(c) to ensure the recovery of loans granted; |
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(d) to educate and assist members to live frugally and within their means; |
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(e) to promote thrift and savings habits among members; |
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(f) to assist in the implementation of such policies and programmes connected with Credit Councils and their functions as may be determined by the Minister; and |
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(g) to assist in the rehabilitation of indebted members. |
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