Terms and conditions
- Member for at least 6 months
- Deposits are multiplied by 3
- A copy of current pay slip or bank statement for computation of disposable income.
- Minimum of 4 guarantors, guarantor must be members of the Sacco should not have guaranteed more than 10 loans.
- Repayable in 12 months.
- Maximum amount of Kes. 40,000/=
- Interest rate of 1.7% per month on reducing balance