RELOCATION LOAN

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

  • The maximum amount borrowed shall not exceed 80% of a member’s free shares deposit
  • The maximum amount borrowed shall not exceed three (x3) times the member’s deposits
  • A non-refundable processing fee of 1% of loan amount shall be paid in or be recovered from new loan
  • The interest rate is 1.0% per month on reducing balance.
  • Top up not allowed.
  • The repayment period for this loan cannot exceed 12 months.
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