Education Loan

Product Description

Studying is already quite demanding, the Sacco offers members’ with an opportunity to pay for their studies as well as their Children’s school fees without straining.

Product Features

  • Loan issued 3 times of one’s deposits
  • Repayment- 12 months
  • Interest rate- 1%p.m on reducing balance
  • Guarantors and acceptable collaterals required
  • Maximum Loan- Ksh 1 million
  • Refinancing/ Loan top up facility available
  • Self-guarantee up to total number of deposits saved
  • Disbursed within one hour
  • Terms and conditions on self- guarantee apply