Land Loan

Product Description

This product is facilitated by the Sacco to empower members own a piece of land. The Sacco has done various projects from Karen, Kitengela, Katani-Syokimau, Rongai, Mtwapa just to mention but a few.

Product Features

  • Loan issued 3 times deposits
  • Repayment- 48 months
  • Interest rate- 1% p.m on reducing balance
  • No guarantors required.
  • Maximum Loan- Ksh 10 Million.
  • Title deed is the security of the loan.
  • Available only when the Sacco has land offers