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Development Loan

Product Description

This product is intended to empower members undertake development projects with long term benefits e.g. Residential & Commercial buildings, Business ventures and other investments.

Product Features.

  • Loan issued 3 times once deposits.
  • Repayment- 60 months
  • Interest rate- 1% p.m reducing balance
  • Guarantors and acceptable collaterals required.
  • Maximum Loan- Ksh 10 Million
  • Refinancing/ Loan top up facility available.
  • Disbursed within two weeks
  • Terms and conditions on self- guarantee apply