This is a special product tailored to take care of numerous and immediate short term needs that require instant financial remedy.
- Must have saved consistently with the SACCO for at least 3 months
- All active Safaricom Sacco members
- Maximum loan facility shall not be more than a member’s Total savings/ contributions.
- Maximum repayment period of 30 days after disbursement
- Interest will be charged at 5% one off.
- Interest shall be charged upfront
- Member can access the facility as many times as they wish provided they have repaid the previous facility.
- Loan limits- Kes 1,000- 10,000