Household Loan
This is a loan taken to offset expenses incurred relating house hold items and Household necessities like food, beverages and basic household products.
Benefits
Household Loan allows you to
- Purchase Household Items
- Access to Quality Household Items
- Long Repayment Period
Up to 24 Months Repayment Period
Terms
Household Loan has the following features.
- Maximum amount is KES 300,000.
- Repayment period of 24 months.
- nterest rate of 15% per month on reducing balance.
- 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
.