Makao Plus Loan.

Eligibility & Target group.

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.

Loan Purpose.

The product is designed to enable the members access funds to purchase lands from the society's existing land projects.

Repayment Period.

Members enjoy to a maximum of Thirty Six (36) Months of repayment period.

Security.

The title deed covers up to 50% of the approved amount.

Maximum Amount.
x3 of Member Deposits
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.