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

Features:

• Maximum limit is kshs 70,000/=.
• 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).