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