Premium Loans
üA member must have been a member for a minimum period of six months.
üThe maximum amount of loan granted is Kshs. 3,000,000 but shall not exceed 3 times member’s shares.
üRepayable in 60 months.
ü1/3 rule is applicable.
üAttracts 1.25% interest rate per month.
üThe loans are given on a first come first served basis.
üThe loan must be fully guaranteed by self or other members
NB: A loan application form must be completed for each of the categories above