Features

  • Maximum amount granted Kshs. 40,000,000
  • Interest of 1% p.m. on reducing balance
  • Insurance fee of 0.5% of the net loan
  • The maximum repayment period is 60 months.
  • Given x 4 of deposits
  • Easy top-up facility
  • The processing fee is Kshs. 1000

Terms and Conditions:

  • Applicant must be a member
  • Applicant must make minimum monthly contribution as applicable to all members
  • Loan Guarantee is as provided in the credit policy
  • Mode of recovery is check off or Standing Order
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