Pamoja Loan: Simplify Your Financial Commitments

Managing multiple short-term loans can be overwhelming. With the Pamoja Loan, you can consolidate your existing loans into one easy-to-manage facility. Designed to simplify financial planning, this loan offers competitive rates and flexible terms for all members.

Key Features of the Pamoja Loan

• Interest Rate: Enjoy an affordable rate of 8% per month on a reducing balance, ensuring manageable repayment costs.
• Maximum Loan Amount: Borrow up to KES 1 million, providing adequate financing to consolidate your short-term loans effectively.
• Repayment Period: Benefit from a flexible repayment term of 12 months, enabling you to plan your finances comfortably.

Qualifying Criteria

• Savings Requirement: Members must have saved consistently for at least 3 months to qualify for the loan. This ensures financial reliability and readiness.
• Open to All Members: The Pamoja Loan is accessible to all members, making it an inclusive solution for your financial needs.

Why Choose the Pamoja Loan? This facility is perfect for members looking to streamline their debts and enjoy a hassle-free repayment process. Whether you’re managing existing obligations or seeking financial relief, the Pamoja Loan provides the tools you need to regain control