Pegged on three (3) times members savings.
Sacco member with three (3) months saving history.
This product is available to both individual members and groups.
Ability to repay established by the loans officer through appraisal.
The product is designed to enable the members access funds to handle capital intensive project, which may include purchase of assets and so on.
Members enjoy a maximum repayment period of Seventy Two (72) Months.
However this is dependent on the Amount applied, as specified below;
1. Premium 1 - 3 to 6 Million - 48 Months
2. Premium 2 - 6 to 15 Million - 68 Months
3. Premium 3 - Above 15 Million - 72 Months
The turn around time is within 2 weeks. Where securities are involved this may take up to 2 months.
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days.