This product is intended for development projects i.e. Real estate, Business, Construction that need longer repayment periods for convenience. Members with assets of high value can apply for loan and the assets can act as collateral instead of guarantors
- Loan issued 3 times of the members savings.
- Interest rate – 1%pm on reducing balance.
- Self-Guarantee up to Maximum Savings.
- Deposit banding – Kes 20,000 pm.
- Collaterals accepted.
- Guarantors accepted.
- Min loan – Kes 10 Million.
- Max loan – Kes 30 Million.
Disbursed within 1 Month.