We have a clear understanding that Emergencies are inevitable and School fees too can be a burdensome on the family budget. We make it possible for you to swiftly overcome the hurdles.
The swift loan product is designed to assist members meet urgent financial obligations e.g school fees and medical bills and other unforeseen circumstances.
- Maximum amount is KES 500,000.
- Repayment period of 12 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.