This product is for members with verifiable LPOs and tenders from trusted clients/firms.

Loan Features

• Maximum amount is 75% of the LPO.
• Maximum repayment period is 6 months.
•  Minimum Sacco membership is 3 months. Active current account for 3 months.
• Interest rate is 2.5% p.m. on reducing balance.
• Processing fee is 2.5%, Insurance fee 0.7% p.a.
• Security – Title deed or Log book.