| PRODUCT |
|
|
|
|
|
|
|
|
5.0% p.m on
reducing balance |
|
|
|
|
|
|
|
1.33% p.m on
reducing balance |
|
Three times the
number of shares
≤ ksh300,000 |
|
Emergencies including Hospitalization, Court fine,
Funeral expenses, Unforeseen circumstances
Documentation evidence is needed 2/3 rule |
|
|
| School Fees Loan |
|
1.33% p.m on
reducing balance |
|
Three times the
number of shares
≤ ksh300,000 |
|
| Cheque is drawn to the institution |
|
|
| Development Loan |
|
|
4 times a member’s
deposits |
|
Support purchase of land, building of houses and any
other development project |
|
|
| Super Normal Loan |
|
1.42% p.m on
reducing balance |
|
|
|
It’s a loan that is given with alteration of the terms and conditions of loan in following ways:
Increased/ longer repayment period (up to a maximum of 72 months)
| Given before a member saves for at least six(6) months before application |
|
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Super Normal Loan
|
|
|
|
It’s a loan that is given with alteration of the terms and conditions of loan in following ways:
Increased/ longer repayment period (up to a maximum of 72 months)
Given before a member saves for at least six(6) months before application
|
|