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:

  1. Interest rate of 12% per annum on a reducing balance
  2. Maximum qualification of Ksh 6,000,000
  3. 48 hours processing duration
  4. Maximum qualification of 3 times the accumulated deposits
  5. Collaterals include; Title deeds, logbooks, chattels, guarantors or members own deposits