Large loan facility for registered Chamas and investment groups.
Features and Requirements:
• A maximum of Kshs. 5,000,000 repayable within 36 months
• Multiplier of X2 of savings
• Interest rate of 1.3% per month
• Loan guaranteed by the savings and/or collateral
• Individuals can access loans against Chama savings
• All security perfection costs are borne by the group