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 applicant must provide a current dated invoice from the supplier.
The product is designed to enable the members, groups and churches access funds for projects as household items or Laptops for students, P.A system for the churches and equipping technology rooms for groups or institutions..
Members enjoy to a maximum of Twelve (12) Months of repayment period.
The turn around time is dependent on whom the net amount is being disbursed to.
If it's to the member and the amount is below 250,000.00 disbursement is within 24 hours. Else the disbursement is done within 2 weeks.
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days.