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Instant Advance Loan

      This a mobile phone loan issued by the Sacco to her members.

       Eligibility

  • To access this product, one must have been a member for at least 3 months.
  • Repayment period for this product shall range from 1 – 6 months.
  • There shall be one-off 1% appraisal fee on amount applied Interest rate shall be 12% straight line.
  • There shall be no discounting of interest even when one clears the loan between 1 – 6 months
  • Product must be issued within the multiplier of three of deposits

Maximum amount for this product shall be KES 500,000

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