The loan facility helps a member meet emergency situations that were un foreseen. Mostly called ‘school fees’ loan by our members.

Features

  • Maximum repayment period is 12 months.
  • The loan has to be guaranteed by 6 guarantors who should be members of the Sacco,
  • The loan is processed within a day and maximum processing period is 1 week,
  • Interest rate is 13% per annum on reducing balance.

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