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Emergency Loans
This product is designed to assist members meet urgent financial obligations e.g. school fees, medical bills and other unforeseen circumstances. Product features are;
Maximum loan amount of Kshs. 200,000
Maximum entitlement is 3.5 times total deposits
Maximum repayment period of 12 months
Interest rate of 1% per month on a reducing balance.
The duly completed loan application form shall be expected to reach the Sacco any working day during the month.
Loan processed within 24 hours.
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