Characteristics

1. Available to members with a registered business who meet the requirements
2. Minimum amount available Ksh. 10,000.
3.repayment period 12 months to 36 months depending on the loan amount
4. Loan below Ksh.100,000 may be guaranteed by an individual while an amount above Ksh.100,000 must provide collateral that should be registered in the applicant’s name or attached with a transfer form dully filled.
5. appraisal fee 1%
6.Risk fund fee 1%
7. transfer fee 50
8. Loan form fee Ksh. 100
9. Interest 14.5% p.a. on
reducing balance
10. maximum 5 million