Development Loan

Development Loan

Meant for members start development projects .

Features:

  • Fast loan processing [7 day for loan below Kshs. 300,000 and two weeks for above 300,000]
  • Savings multiplier of 4 times 
  • Repayment period 36 to 48 months  [48 month for 500,000 and above ]
  • 1.042.% interest p.m. on reducing balance
  • Guarantee to a maximum of 20% per member