Snapshot of Terms and Conditions

• Registration fee Ksh 200
• Membership adults above 18 years
• Borrow three times savings after1 (one) month
• Guarantors to guarantee two thirds of borrowed funds for individual loans(borrower plus guarantor’s total 100%) at 1%
• Chama and group loans- if not guaranteed 100% to attract 2.5% interest but if guaranteed to attract 1% per month
• Instant loans at 5% interest paid in a month. Not more than 1/2 savings and not more than 10,000. Must be in a group
• Loan processing fee is Ksh 300 minimum or 1% of loan amount and a ceiling of Ksh 1,500*
• Close account fee of Ksh 500
• Safaricom and Equitel tariffs apply

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