Emergency Loans

üIt may be granted in addition to other loans.

üA member must have been a member for a minimum period of six months.

üThe maximum amount one can apply for is Kshs. 100,000but shall not exceed a member’s shares.

üRepayable in twelve (12) months.

ü1/3 rule is applicable.

üAttracts 1% interest rate per month.

üThe loan is given immediately it is processed as long as it does not appear on the most current payslip.


üAnyone who clears the previous Emergency balance using cash is required to wait for one calendar month before he/she can be eligible.


NB: A loan application form must be completed for each of the categories above