This product gives our members an avenue to own tangible assets which can be used in future to guarantee borrowing.
- This loan is granted at a maximum of 3 times the member’s total savings.
- Minimum Advance of Kes.10,000/-
- Maximum repayment period of 12 months
- The Loan must be fully guaranteed.
- Interest rate at 10% of the advanced amount, recovered upfront
- Processing fee of 1% and Insurance of 1% of the loan recovered upfront.