Emergencies are unforeseen contingencies. They include sudden hospitalization, funeral expenses, court fines, and other unforeseen circumstances beyond a member’s control
Loan Terms & Conditions
1. The general loan terms applies to this loan product.
2. Emergency loans must be repaid within a maximum period of 12 months.
3. Interest rate of 1% per month on reducing balance
4. The Maximum amount granted is Kes 200,000/=.
5. A member can have one emergency loan at a time.
6. The loan must be fully secured.
Emergencies are unforeseen contingencies. They include sudden hospitalization, funeral expenses, court fines, and other unforeseen circumstances beyond a member’s control
Loan Terms & Conditions
1. The general loan terms applies to this loan product.
2. Emergency loans must be repaid within a maximum period of 12 months.
3. Interest rate of 1% per month on reducing balance
4. The Maximum amount granted is Kes 200,000/=.
5. A member can have one emergency loan at a time.
6. The loan must be fully secured.
