Get quick loan at a low interest rate

Designed to assist members with a quick loan that is less than Kshs 100,000.

  • The maximum amount borrowed shall not exceed 50% of a member’s free share (Deposits not attached to loans)
  • Interest is charged at 1% per month or 12% per annum on reducing balance.
  • The loan repayment period cannot exceed 3 months from the date of issue.
  • A member cannot have two No questions asked loans at a time. Refinance not allowed.
  • In case of default a penalty of 10% of loan balance is charged.
  • A non-refundable processing fee shall be recovered from the new loan 1.5% Loan.