PRODUCT |
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5.0% p.m on reducing balance |
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1.33% p.m on reducing balance |
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Three times the number of shares ≤ ksh300,000 |
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Emergencies including Hospitalization, Court fine, Funeral expenses, Unforeseen circumstances Documentation evidence is needed 2/3 rule |
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School Fees Loan |
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1.33% p.m on reducing balance |
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Three times the number of shares ≤ ksh300,000 |
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Cheque is drawn to the institution |
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Development Loan |
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4 times a member’s deposits |
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Support purchase of land, building of houses and any other development project |
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Super Normal Loan |
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1.42% p.m on reducing balance |
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It’s a loan that is given with alteration of the terms and conditions of loan in following ways: Increased/ longer repayment period (up to a maximum of 72 months)
Given before a member saves for at least six(6) months before application |
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Super Normal Loan
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It’s a loan that is given with alteration of the terms and conditions of loan in following ways: Increased/ longer repayment period (up to a maximum of 72 months) Given before a member saves for at least six(6) months before application
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