Loan available to all members to help them overcome the school fees hurdles.
Requirements
- The applicant must be an active member of the Sacco
- Loan is payable to the school account
- Loan amount is based on fees structure and member entitlement
- The applicant is expected to make the required Monthly Contribution along with servicing the loan.
- Repayment period is 12 month
- Interest is on reducing balance at a rate of 1% per month