School Fees 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 only.
Ability to repay established by the loans officer through appraisal.

Loan Purpose.

The product is designed to enable the members access funds to facilitate payment of school fees to either primary (Junior and Senior Schools) University degrees or certifications and any other trainings for career development.

Repayment Period.

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

T.A.T

The turn around time is within 24 hours after signing the agreed appraisal form. Upon request from the member the amount can be disbursed through a bankers cheque directly to the institution.

Maximum Amount.
200,000.00
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.