Emergency Loan
We understand that emergencies are inevitable and we endeavor to make it possible for you to swiftly overcome unplanned or unforeseen hurdles. We designed Emergency Loan to assist members meet urgent financial obligations and other unforeseen circumstances.
Benefits
Emergency loans allows members to
- Access funds for Emergency Eventualities..
- Access Cheap Credit for Emergencies
- Topup Existing Emergency Loans
Up to 12 Months Repayment Period
Terms
Emergency Loans are issued under the following Terms and Conditions.
- Maximum amount is KES 500,000.
- Repayment period of 12 months.
- Interest rate of 12% per annum on straight line
- A member is entitled to only one loan at a time.
- You need to be a Sacco member for six months and have met the loan eligibility criteria.
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