This is a special product tailored to satisfy members need for extra financing after taking up a Development loan and there still need for more project funds and stretch the repayment up to 60 Months

Product Features

  1. Loan issued 4 times deposits plus shares
  2. Repayment- 60 months.
  3. Interest rate- 0.011% p.m. on reducing balance
  4. Guarantors and acceptable collaterals required.
  5. Disbursed within a month.

Requirements

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