LOAN PRODUCT

SHAMBA LOAN

LOAN REQUIREMENT

Max entitlement 3,500,000

Interest rate 1.25%.p.m. reducing balance

Repayment period 60 months

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A minimum monthly contribution of kshs.3,000

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Eligibility is pegged, Subject to the FSV(Forced Sale Value) of the property (Land) Maximum of times of Main Savings less all outstanding loans

Open to other land projects in addition to those of the Sacco