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 1,000/=.
- Qualifying loan within self-guarantee is up to 50% of member’s share deposit.
- Qualifying loan within guarantor is up to 100% member’s share deposit.
- Interest rate is 2 % monthly on a reducing balance.
- The Maximum repayment period is 12 months.
- You can access 3 loans at the same time within the limit.
- Full Sacco membership of at least 3 months.
- You must be registered on M-Sacco (Mobile banking platform).