Don’t let you or your loved one drop out of school

We offer School Fee loan

• This loan is taken to facilitate payment of school fees.
• To qualify one must attach the fee structure and a confirmation letter from the school/institution.
• A member is entitled to 4 times their total deposits at a maximum limit of kes 350,000.
• Loans are appraised based on members’ savings and ability to repay. The applicant must always remain with at least one third (1/3) of salary as net pay. This is after all deductions have been made
• This loan is normally disbursed within 48 working hours upon approval.
• Interest rate is 1% per month on a reducing balance basis.
• Repayment period will be 12 months
• Cheques may be paid directly to the school or
• institution as per the member’s request.
• The loan has to be fully guaranteed.