Bima Loan

The purpose for this loan is to enable the Society finance insurance premiums for members. It is not limited to insurance cover provided by C.I.C. It covers Assets such as Motor Vehicle, Motor Bicycle, House hold property, Buildings and Business stocks. Its features includes:-

Features

• • The loan is guaranteed by member’s deposits
  • Maximum amount is Kshs. 300,000
  • Interest of 0.5% p.m. on reducing balance
  • Maximum repayment period is 10 months
  • The processing fee is Kshs. 1000

Terms and Conditions:

• Fully guaranteed by deposits