mCASH loan

mCASH loan is a mobile loan product which allows member to borrow through the phone.

Features:

• Maximum limit is kshs 35,000/=.
• Minimum limit is kshs 1,000=.
• Qualifying loan is up to 50% member's deposit.
• Interest rate is 0%.
• One-off facility fee of 5%(upfront).
• Payable within 1 month with a rollover option.
• Can access 3 loans at the same time within the limit.
• Full Sacco membership of at least 3 months.
• To be register with M-sacco (Mobile banking platform).

Instant on mobile loan

Instant on mobile loan is a mobile loan product which allows member to borrow through the phone.

Features:

• Maximum limit is kshs 100,000/=.
• Minimum limit is kshs 3,000/=.
• Qualifying loan is up to 25% member's deposit.
• Interest rate is 5% monthly on reducing balance.
• Maximum repayment period is 3months.
• Can access 3 loans at the same time within the limit.
• Full Sacco membership of at least 3 months.
• To be register on M-sacco (Mobile banking platform).

Thibiti loan

Thibiti loan is a mobile loan product which allows member to borrow through the phone.

Features:

• Maximum limit is kshs 200,000/=.
• Minimum limit is kshs 20,000/=.
• Qualifying loan within self guarantee is up to 50% member's deposit.
• Qualifying loan within guarantor is up to 100% member's deposit.
• Interest rate is 2.5% monthly on straight line.
• Maximum repayment period is 12months.
• Can access 1 loan.
• Full Sacco membership of at least 3 months.
• To be register on M-sacco (Mobile banking platform).