This product is tailored to bridge a member’s small liability which falls due when he/she cannot be able to settle them and also for members who have not saved for more than six months but can qualify for a loan.
Terms
Maximum loan amount of Ksh 20,000
Minimum saving of one month
Maximum repayment period is 5 months
Low interest rate of 5% on reducing balance per month
Loan processing fee of Ksh 100
Requirements
Three current pay slips
Copy of ID
Minimum of 3 guarantors and their ID Copies