Emergencies include sudden hospitalization, funeral expenses, court fines, and/or any other unforeseen circumstances beyond the members’ control.
Features
- Repayment period: maximum period of 24 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.