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Development Loan
Description
This product is intended to empower members undertake development projects with long-term benefits e.g. Residential & Commercial buildings, Business ventures and other investments.
Features
- Loan issued at 4 times of one’s deposits
- Repayment- 84 months
- Interest rate- 1% p.m. on reducing balance.
- Guarantors and acceptable collaterals required.
- Maximum Loan- Kshs.30M
- Refinancing/ Loan top up facility available
- 0.5% refinancing/consolidation fee.
- Disbursed within 5 days.
- Any amount above Kshs.10m to be secured by a collateral.
- Terms and conditions on self- guarantee apply.
How Much You Need
Pay Monthly
Term of Use Months
Total Pay Back
Apply For LoanJAZA JAZA Account
This account enables members to save for a short period and get a competitive return, as withdrawal from the account is Twice in a year!
Junior’s Account
This is a vibrant account for members’ children aged below 18 Years of Age. The SACCO enables the parents to inculcate a savings culture to the young ones at a petite age.