This product is intended to empower members undertake development projects with long term benefits e.g. Residential & Commercial buildings, Business ventures and other investments. Best for First time borrower who are looking into paying for a longer period at manageable repayment amounts.

Requirements

You need to be a Sacco member for six months and have met the loan eligibility criteria
A duly completed loans application form

 

Product Features

Loan issued 4 times deposits plus shares

  1. Repayment- 60 months.
  2. Interest rate- 0.011% p.m. on reducing balance
  3. Guarantors and acceptable collaterals required.
  4. Disbursed within a month
  5. Terms and conditions on self- guarantee apply
  6. Maximum Loan- Ksh 30 Million.