We understand that emergencies are inevitable and we endeavor to make it possible for you to swiftly overcome unplanned or unforeseen hurdles.
We designed Swift Loan to assist members meet urgent financial obligations, just like how school fees can be burdensome when children are going back to school or medical bills and other unforeseen circumstances.
- Maximum amount is KEs 1,000,000.
- Repayment period of 24 months.
- Interest rate of 1% per month on reducing balance.
- A member is entitled to only one loan at a time.
- You need to be a Sacco member for six months and have met the loan eligibility criteria.
- Quick processing.
- High approval rates.
- Short repayment period which translates to less interests.
- Possible disbursement via M-Pesa account.
- No processing interest.