Development Loans

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Developmen Loans

Are you looking for funds to purchase a car or acquire other assets?start own business,diversify into new ventures or capital to boost your business? We shall partner with you and transform your life. Through our development loan,members can access funds required at the most affordable interest rates. This loan is eligible to fully registered members of the sacco.

With the following:

  • Sacco Shares of Ksh.3000
  • Housing shares of Minimum Ksh.1600
  • Buy unwithdrawable deposits of your choice.

Features

  • Maximum repayment period is Thirty Six (36)months
  •  Loan granted is three times the member’s savings less all outstanding loans provided that the one third rule  is   not violated.
  • Disbursed within 3 days of your application
  • The loan  mustt be guaranteed by 3 or more members of the sacco.

 

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