KNAD LOANS

Invest and grow with our K-NADS Loans

REQUIREMENTS:
  • A defaulter will not qualify for the loans
  • Must be a member for atleast 12 months.
  • Maximum amount borrowed cannot exceed 3X savings
  • The repayment period shall not exceed 72 months
  • A member must show proof of ability to repay the loan.

EMERGENCY LOAN

Designed to assist members take care of emergency needs for her and relatives in Kenya.

DEVELOPMENT LOAN

The maximum amount shall not exceed of Kshs. 5 million, if funds are available, a higher amount can be borrowed.

MEDICAL COVER LOAN

These will assist members who would like to take medical covers for their family and relatives who reside in Kenya.

LAND/PLOT LOAN

The amount borrowed shall not exceed a maximum of Kshs 3.5 million, if funds are available, a higher amount can be borrowed and subject to ability to pay.

CONSTRUCTION LOAN

The amount borrowed shall not exceed Kshs. 6 Million; however, a higher loan amount may be approved subject to availability of funds.

MOTOR VEHICLE LOAN

Designed to assist members to purchase a vehicle for personal or commercial use.

SCHOOL FEES LOAN

Designed to assist members pay school fees for their relatives in Kenya or in US for various institutions of learning.

RELOCATION LOAN

Designed to assist members who relocate back to Kenya to settle down smoothly.

NO QUESTIONS ASKED LOAN

Designed to assist members with a quick loan that is less than Kshs 100,000.
K-NADS Consolidated Loan

CONSOLIDATED LOAN

Consolidated loan is designed for a member who has existing loan balances but due to limited income, is unable to take an additional independent loan.
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