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School fee Loan

Product Description

  • Loan issued three times your savings
  • Payable within a calendar year i.e. all loans must clear by December
  • Interest rate – 1% on reducing balance
  • Guarantors required – not less than three guarantors.
  • Max loan is Kshs 1 Million.
  • School fees loan applies to Primary and secondary school.Documentary evidence must be attached to loan i.e Fees Structure, Admission letters.

 

Product Service Level Agreement.

  • Loans received in the office termly i.e. at every beginning of the term two weeks before opening of school and processed within a week.
  • Vetting and approval for school fees loans shall be done within a week of loan being received.
  • Cheques shall be issued after one week
  • Loans that are not received two week before opening shall be processed together with Development loans.

Last modified on Sunday, 01 October 2017 12:15
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Our Vision and Mission

To be the financial services partner of choice

 

We transform our members’ lives through provision of affordable, innovative and accessible financial services

Our Location

We have two offices in Nairobi:

Main Office, Westlands Safaricom Care Centre (SCC) First Floor.

JCC Office, Mombasa Road, Sarin Park (JCC) Ground Floor

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