Mobi Loan

We understand members need for convenience and instant access any time everywhere through the web portal link

Requirements

• You need to be a Sacco member for six months and have met the loan eligibility criteria

Features

1. Members with KES. 50,000 and below will now be able to access up to KES 10,000 first borrowing and a graduation of KES. 5,000 as they grow their deposits.
2. Members with deposits of KES. 500,000 – 1,000,000 will now be able to graduate by KES. 20,000.
3. Members with deposits of KES. 1,000,000 and above will now be able to access 100,000 on their first borrowing and graduate by KES. 20,000.
4. The Mobi loan interest is still very low at 5% p.m.
5. The repayment period has now been increased to 6 months.