Maximum amount
Ksh 1 000 000
Duration
60 months
Interest Rate
1%
Conditions
Members only
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BUSINESS LOAN
This Facility is to encourage the sacco members to own businesses either as groups or as individuals.
Product Features
- Repayment 60 months
- Interest rate 1% p.m on reducing balance
- Maximum Loan ksh 1,000,000
- Guarantors and acceptable collaterals required.
- Supporting document required.
- Disbursed within 7 days of application.
- Available to Sacco members, individually or as a venture and chama members.
- Proof of ability to repay
- Expose the existing project or new project. (construction, business, acquiring assets)
- Refinancing/ Loan top up facility available.
- Terms and Conditions apply.