This product is accessible to salary account holders. The Sacco buys off loans from other institutions to enable qualification.
Features:
• Repayment periods of up to 60 months
• Minimum applicable amount of Kshs. 700,000 and a maximum Kshs. 3 million
• Qualification of X4 of deposits
• Loan can be used to offset other facilities
• Waiting Period of 15 to 30 days
• Number of Guarantors is subject to amount applied
• Debt consolidation option