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Kona Advance

Product description

This is a special product tailored to take care of numerous and immediate short term needs that require instant financial remedy.

Product Features

  • 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