This is a product designed to enable our clients access funding towards:

1. Purchase of a house
2. Construction of residential and or commercial buildings

Qualification Criteria

The member must be operating a current account with us. If not, then they must have accumulated the prescribed minimum un-withdrawable deposits.

For them operating current accounts, their monthly deposits average will determine how much they can be able to repay the loan, hence the amount they qualify for.

Standard Requirements

1. Proof of income
2. Proof that you can meet the 10% financing and other related costs e.g. Stamp duty, lawyers fee, valuation report
3. The following documents must be in place:

• Architectural design
• Cost estimates of the proposed budget from a quantity surveyor
• Building permits

Benefits

1. Attractive interest rates
2. Loan disbursements as per the bill of quantities
3. Repayment period of up to 60 months
4. Up to 5 million shillings

Security

Either guarantors or collateral