The facility is meant to finance business operations and working capital needs for our SME customers. Our SME members also enjoy free financial trainings offered via webinars.
Features
- Loan limit of Ksh.30,000,000
- Maximum multiplier of up to X5 member deposits
- Interest rate is 1.15% per month on reducing balance
- Maximum repayment period of up to 48 months
- Secured by Guarantors, own deposits, logbooks, Money market funds , NSE Listed shares or Title deed
- Processed within 48 hours of application
- Share boosting of up to 40 % of member deposits for members wanting a higher loan amount but have less deposits
This product supports the SME members in acquisition of business premises, machinery and other related enablers.
Features
- Loan limit of Ksh.30,000,000
- Interest rate is 1.15% per month on reducing balance
- Maximum repayment period of up to 84 months
- Secured by own deposits ,logbooks or Title deed .
- Processed within 48 hours of application
- Shareboosting of up to 40 % of member deposits for members wanting a higher loan amount but have less deposits
