Loans

A. Business credits scheme
B. Personal credits scheme
C. Kilimo credit scheme
D. Asset credits scheme
E. Savings products scheme
F. Investments products scheme
G. Welfare products scheme
all designed to bring you closer to your financial goals and aspirations.

(A) BUSINESS LOANS

 Members in fixed business
 Loan processed within 7-14 days
 Daily/weekly loan repayments
 Weekly savings kshs 500
 Loan limit kshs 15 000-500 000
 Payment duration 1-12 months
(B) PERSONAL LOANS
 The product is open to employed individual.
 Monthly savings kshs 2000
 Loan limit kshs 15 000- 500 000
 Loans repayments are on a monthly basis.
 Loan repayment duration is 1- 12 months

(C) KILIMO LOANS
The product is open to farmers.
 Monthly savings kshs 2000
 Loan limit kshs 15 000- 500 000
 Loans repayments are on a monthly basis.
 Loan repayment duration is 1- 12 months

(D) ASSET FINANCING LOANS
 Loan for asset financing and developments projects
 Savings for 6 months before borrowing
 Minimum monthly savings kshs 5000
 Minimum monthly shares kshs 1000
 Loan processed within 30 days
 Loan limit kshs 50 000- 900 000
 Payment duration 12-36 months
 Interest rates 1.8% per month charged on reducing balance
 Asset credit scheme are classified into

(i.) Boda credit scheme
(ii.) Car credit scheme
(iii)Property credit scheme

(i) BODA LOAN
 members who require loan to buy boda boda .
 Minimum daily saving is kshs 200.
 Loan repayment duration is up to 12 months.
 Require at least 3 active guarantors

(ii) CAR LOAN
 purpose of buying a personal car/ taxi
 Minimum monthly contributions is kshs 5 000.
 Loan Repayment duration is up to 36 months.
 Require at least 3 active guarantors
 Raise 20% in savings and 10% in shares