LOAN PRODUCTS
Karibu Loan
LOAN REQUIREMENTS
Loan for new members who are between 3 to 6 months in the Sacco. Half of the loan is credited to the main savings account.
Max entitlement 100,000
Repayment period 12 months
Interest 1.25%p.m reducing balance
Eligibility 3 months
At least 2 guarantors who should cover the loan
50% deposited to main savings
50% disbursed