Third party secured Loan
Loan is given to a maximum of up to four times member deposits - Property Secured and ten times member deposits - Treasury Bonds Secured, repayable within six (6) years at an interest rate of 15.5% per annum on reducing balance. Processing fee of 1 % - One - Off - Property Secured & Processing fee of 1.5% - One - Off - Treasury Bonds Secured.
No guarantors required. Title Deed or Motor Vehicle or Government Securities or Shares quoted in Nairobi Securities Exchange (N.S.E) as security.
