Short-term loan that provides tea farmers with an instant boost of funds between payout periods.
Features:
- Maximum repayment period of 3 months
- Maximum limit of Kshs. 50,000
- 3 guarantors subject to amount applied
- Interest rate charged 1.25% pm
- Meet minimum share capital of Kshs. 600
- Channel tea proceeds through the SACCO’s FOSA account for 6 months