REFINANCING LOAN
by Misheck

This is a Top-Up facility for members on development loans

A 5% charge on outstanding loan balance

To facilitate Top up member must have paid the current up to at least 2/3 of the principal

A member should have cleared all outstanding Sacco loans except the development loan to be refinanced.

When you can give each coin/shilling a specific purpose and attach a real outcome to the reason for your saving, you’re more likely to actually achieve success.