Shamba Loan (for AHDC* Plots only)

Product features

• Not tied to members deposit
• Proof of ability to repay
• Interest rate is 1.5 % per month on a reducing balance
• Maximum repayment period: 48  months
• No guarantors required but AHDC title deed will act as Security
• Cheques payable to AHDC

Target group

1. New members who have recently joined the Sacco
2. New members who have not accumulated enough deposits.
3. Old members whom have exhausted their 3 times deposit requirement but have ability to repay.