Thibiti loan
Thibiti loan is a mobile loan product which allows member to borrow through the phone.
Features
- Maximum limit: Kshs 200,000.
- Share Deposits eligibility: 50% of the member’s share deposit.
- Upfront processing fee: 3%
- Monthly interest rate: 2%
- The Maximum repayment period is 12 months.
- A member can access upto 3 loans of this kind at a time.
- Membership Period: Immediate upon first deposit.
- You must be registered on M-Sacco (Mobile banking platform) to access the loan via *470#