- Details
- Written by Super User
- Category: Uncategorised
- Hits: 895
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).
- Details
- Written by Super User
- Category: Uncategorised
- Hits: 832
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).
- Details
- Written by Super User
- Category: Uncategorised
- Hits: 874
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).
- Details
- Written by Super User
- Category: Uncategorised
- Hits: 1018
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).
- Details
- Written by Super User
- Category: Uncategorised
- Hits: 3824
Purpose
- Maisha Golden loans address the development needs of members e.g. to acquire property and other assets, start or boost business, undertake large scale farming, motor vehicle purchase among others.
Features:
• Qualifying loan is 4 times member’s deposits.
• Interest rate is 1.125% per month on reducing balance. - Maximum amount borrow is Kshs 10million.
• Maximum repayment period is 84 months (7 years).
• Security options: Guarantors’ deposits, member deposits, Fixed deposits, Property.
• Quick loan processing: Up to 4 days and 4 weeks where property is collateral.
• Full Sacco membership of at least 3 months and evidence of ability to pay