Features
- Interest of 1% p.m of the loan amount on the reducing balance
- 0.85 % of the loan for loan processing.
- 0.5% of the loan amount for insurance.
- Ksh. 500 for appraisal.
- Maximum loan repayment period is 12 months.
- Atleast three loans at a time
- Membership for three months before loan uptake.
- 3 times deposits fewer outstanding loans