Purpose

Emergency loans enable our members to pay for emergencies e.g. hospital bills.
Features:
•    Qualifying loan is 3 times member’s deposits
•    Quick loan processing: 1 day maximum  
•    One-off processing fee: 2.5%

•    One-off insurance fee: 0.5%

•    One-off institutional capital fee: 0.5( Not exceeding kshs 5,000/=)
•    Interest rate of 1% per month on reducing balance
•    Maximum repayment period is 12 months
•    Security options: Guarantors’ deposits, member deposits, Fixed deposits
•    Full Sacco membership of at least 3 months and evidence of ability to pay