Emergency Loan
Swift Solutions For Life's Surprises
Takes care of the urgent and unexpected expenses in life
When life throws unexpected challenges your way, a helping hand can make all the difference. Our emergency loans are designed to give you peace of mind when you need it most, because you deserve to face tomorrow with confidence and security
Loan Details
- Designed to assist members take care of emergency needs.
- The maximum amount borrowed shall not exceed four (x4) times the member’s deposits.
- The maximum loan is Kshs 1million
- The maximum repayment period is 12 months
- The interest rate will be charged at 1% interest rate on reducing balance or 12% per annum on reducing balance.
- You can Refinance Emergency Loan if you have paid for the last 3 months.
- Refinance fee of 2% on loan balance will be charged.
- A non-refundable processing fee kshs 1.5% shall be recovered from the new loan.
Build Your
Financial Future
Key Benefits
Low interest rates of upto 1.17% on loans reducing balance
Great interest rates on your savings of upto 7% p.a.
Borrow upto 5x your savings amount
Extended repayment periods of upto 84 months