Flexi Super Loan

Purpose

This product is developed for the members who wishes to take loans for big projects and have already exhausted their 3 times deposit.

Features:

  • Maximum loan amount KES. 10mn.
  • Interest rate 13% pa.
  • Total outstanding loans must not exceed 4 times member’s deposits.
  • Maximum repayment period is 72 months (6 years).
  • Security options: Guarantors’ deposits, member deposits or property
  • Full Sacco membership of at least 6 months and evidence of ability to pay.
  • Member who has no default history for last 1 year