Daraja Loans
This is a short to a medium-term loan to finance the education of the members and their dependents
- Repayment period - Maximum 60 months (5 years)
- Security: Fully guaranteed by withdrawable deposits or fully charged collateral
- Interest - 13% p.a reducing balance
Loan eligibility – General Requirements
- Saved and contributed deposits diligently and consistently for at least six months
- Must be a fully paid up member i.e. have minimum share capital as per the Sacco by-laws
- Loans will be based on the ability to pay as per the financial statement
Apply for a Loan
Our Long Term Loan Product.
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