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Emergency Loans

PRODUCT FEATURES

  • Such as hospitalization, funeral expenses, court fines, and other unforeseen circumstances.
  • Maximum Amount - 3 times member’s savings
  • Maximum period - 12 months
  • Interest - 1% p.m. on a reducing balance (6.5% p.a.)
  • Loans of Ksh 50,000 and less - Granted without supporting document.
  • Loans exceeding Ksh 50,000. - Applicant will be required to provide documentary proof of an emergency
  • Only one emergency loan can the given at any one time