RELOCATION LOAN

To assist members who relocate back to Kenya to settle down smoothly

  • The maximum amount borrowed is Kshs. 1,000,000.
  • The maximum amount borrowed shall not exceed four (x4) times the member’s deposits.
  • A non-refundable processing fee of 1.5% of loan amount shall be paid in or be recovered from new loan.
  • The interest rate is 1% per month on reducing balance or 12 % per annum on reducing balance.
  • Refinancing is not allowed.
  • The repayment period for this loan cannot exceed 24 months.
Apply Loan