Emergency Loan.

Eligibility & Target group.

Pegged on three (3) times members savings.
Sacco member with three (3) months saving history.
This product is available to individual members.
Ability to repay is established by the loans officer through appraisal.

Loan Purpose.

The product is designed to enable the members access funds for emergencies such as critical bills which may vary from court fines, medical bills etc.

Repayment Period.

Members enjoy to a maximum of Twelve (12) Months of repayment period.

T.A.T

The turn around time for this product is within 24 hours after signing the agreed appraisal form.

Maximum Amount.
250,000.00
Interest Billed Monthly
Members get 30 days grace period to start the loan repayments.Members get 30 days grace period to start the loan repayments.
Loan Form.