Cash Cover Loan - On Golden Savings

The savings product has been further enhanced to allow borrowing against the savings. The loan features will be as follows:

Eligibility to loan up to 95% of the savings

• Savings to have been accumulated for a minimum of 6 months
• Incase periodical deposits eligibility to be a minimum of three deposits
• Interest chargeable at a margin of 3.5% of the interest on the Savings
• No guarantor required
• Processing fees at a rate of0 .5% of loan applied
• Repayment period maximum of the term option taken
• All other SACCO terms and conditions to apply