Development loan
14.12.11
Development Loan
Key Features are:-
- Member qualifies for loan after six months of saving
- Member qualifies for a maximum amount of 3x his/her savings
- Maximum repayment period = 48mths
- 1% interest per month on reducing balance charged on loan
- No processing fees/insurance costs on loan
- Loan processing period ranges from 1-2wks maximum, on receipt of application
Emergency Loan
14.12.11
Emergency Loan
Key Features are:-
- Member qualifies for loan after six months of saving
- Member qualifies for a maximum amount of 3x his/her savings
- Maximum repayment period = 12mths
- 1% interest per month on reducing balance charged on loan
- No processing fees/insurance costs on loan
- Loan processing period ranges from 3days-1wk maximum, on receipt of application
School Fees loan
14.12.11
School Fees Loan
Key Features are:-
- Member qualifies for loan after six months of saving
- Member qualifies for a maximum amount of 3x his/her savings
- Maximum repayment period = 12mths
- 1% interest per month on reducing balance charged on loan
- No processing fees/insurance costs on loan
- Loan processing period ranges from 3days-1wk maximum, on receipt of application
Instant Loan
14.05.23
Instant Loan
Key Features are:-
- Member qualifies for loan after two months of saving
- Member qualifies for a maximum amount of ksh 30,000
- Maximum repayment period = 06mths
- 10% interest, straight line charged on loan
- No processing fees/insurance costs on loan
- Loan processing period is instant, on receipt of application
Tujivinjari Loan
Key Features are:-
- Member qualifies for loan after two months of saving
- Member qualifies for a maximum amount of ksh 20,000
- Maximum repayment period = 12mths
- 10% interest, straight line charged on loan
- No processing fees/insurance costs on loan
- Loan processing period is instant, on receipt of application