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

• The maximum amount borrowed shall not exceed four (x4) times the member’s deposits.
• The member will attach the invoice of the insurance company of her preference.
• The SACCO will write cheque to the insurance company.
• The maximum period is 36 months.
• The interest rate is 1% per month on reducing balance or 12 % per annum on reducing balance.
• The maximum amount is Kshs 1,000,000.
• You cannot have two medical loans at a time.
• Refinancing is not allowed.
• A non-refundable processing fee shall be recovered from the new loan as follows:
  • • 1.5% for loans below Kshs 9 million and
    • 2% for loans above Kshs 9 million