Development Loan

About Development Loan

Available to all members who need finances for development purposes.

Features

  • Repayment period: maximum period of 36 months.
  • Interest rate: 12% p.a.
  • Must have been a member for a minimum period of six months and contributed not less than Kes. 6,000/= in deposits.
  • Loan must be fully guaranteed by own deposits, other members deposits or acceptable Security.