Emergency Loan

PRODUCT FEATURES

Such as hospitalization, funeral expenses, court fines, and other unforeseen circumstances.
Maximum Amount – 3 times member’s savings
Maximum period – 12 months, but 3-6 months is encouraged.
Interest – 10% p.m. on a reducing balance (120% p.a.)
Loans of Ksh 15,000 and less – Granted without supporting document.
Loans exceeding Ksh 15,000. – Applicant will be required to provide documentary proof of an emergency
Only one emergency loan can the given at any one time