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 pay premiums that help to protect their families, and their assets from financial loss.
Members enjoy to a maximum of Twelve (12) Months of repayment period.
The turn around time is dependent on the approved amount. Any amount below 250,000.00 can be disbursed within 24 hours and amounts above this can be disbursed within 2 weeks. Where securities are involved this may take up to 3 months.
Give us a call or drop by anytime, we endeavour to answer all enquiries within 24 hours on business days.