URGENCY LOANS
The urgency loan product is designed to cater for the unexpected business or development demands experienced by our members.
Characteristics of Urgency Loans:
- Interest rate of 12% per annum on a reducing balance
- Maximum qualification of Ksh 6,000,000
- 48 hours processing duration
- Maximum qualification of 3 times the accumulated deposits
- Collaterals include; Title deeds, logbooks, chattels, guarantors or members own deposits