SAVINGS PRODUCT Elimu Bora Savings Scheme REQUIREMENTS Contribution The minimum monthly contribution is 1,000/= Entitlement Maximum entitlement is x3 the total savings/deposits held in the scheme. Repayment Period Maximum repayment period is 36 months Interest The current applicable rate of interest is 1% p.m. reducing balance. Application Deadlines for submitting applications are on the 10th and 20th and disbursements on 15th and 30th respectively.