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. Self-Guarantee Loans
✓ Members with adequate savings can now be their own guarantor.
✓ The deposits must be adequate to cover the full loan.
✓ The loan is advanced within the members deposits.
✓ The amount self-guaranteed shall not be available to guarantee other members.
✓ Maximum loan shall be 95% of own deposits.
Exams SACCO Society Limited was formed in 1978 by employees of Kenya National Examinations Council. Years later members reviewed the By-Laws to open up the common bond to include members who had exited KNEC either through retirement or to other institutions, spouses and children of members and nominees.
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